Bright Solar (NSE:BRIGHT) Change In Inventory : ₹30.3 Mil (TTM As of Sep. 2022)

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What is Bright Solar Change In Inventory?

Bright Solar's change in inventory for the quarter that ended in Sep. 2022 was ₹-43.8 Mil. It means Bright Solar's inventory increased by ₹43.8 Mil from Mar. 2022 to Sep. 2022 .

Bright Solar's change in inventory for the fiscal year that ended in Mar. 2022 was ₹72.3 Mil. It means Bright Solar's inventory declined by ₹72.3 Mil from Mar. 2021 to Mar. 2022 .

Bright Solar's Total Inventories for the quarter that ended in Sep. 2022 was ₹65.7 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bright Solar's Days Inventory for the quarter that ended in Sep. 2022 was 204.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bright Solar's Inventory Turnover for the quarter that ended in Sep. 2022 was 0.89.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Bright Solar's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 0.97.

Bright Solar Change In Inventory Historical Data

The historical data trend for Bright Solar's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bright Solar Change In Inventory Chart

Bright Solar Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Change In Inventory

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-33.16

-16.95

-49.70

5.64

72.28

Bright Solar Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22
Change In Inventory	Get a 7-Day Free Trial										1.14	4.50	-1.79	74.07	-43.79

Bright Solar Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Sep. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹30.3 Mil.

Bright Solar (NSE:BRIGHT) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Bright Solar's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	43.792	/	39.106	*	365 / 2
	=	204.37

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Bright Solar's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	39.106	/	43.792
	=	0.89

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Bright Solar's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	43.792	/	45.198
	=	0.97

Bright Solar Change In Inventory Related Terms

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Bright Solar (NSE:BRIGHT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Bright Solar Ltd (NSE:BRIGHT) » Definitions » Change In Inventory

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Address

Thaltej Cross Road, S.G. Highway, C-602, Titanium Square, Thaltej, Ahmedabad, GJ, IND, 380059

Website

https://www.brightsolarltd.com

Bright Solar Ltd is engaged in assembling of DC/AC Solar Pumps and Solar Pump Systems. It is also engaged in Engineering, Procurement, and Construction (EPC) contracts for Solar Photovoltaic Water pumps which include supplying, installing, and commissioning the pump system along with a comprehensive maintenance contract. Its product offerings include solar water pumping systems, DC solar pumps, AC solar pumps, bright solar marts, and others. The operating segments of the company are Solar Water Pumping and Other Solar System; Installation of Systems and Consulting of Project Tendering and Infrastructure, and FMCG Sales. The company generates the majority of its revenue from Solar Water Pumping and other system sales.

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