REC Silicon ASA (REC Silicon ASA) Change In Inventory : $-29.3 Mil (TTM As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is REC Silicon ASA Change In Inventory?

REC Silicon ASA's change in inventory for the quarter that ended in Dec. 2023 was $-18.1 Mil. It means REC Silicon ASA's inventory increased by $18.1 Mil from Sep. 2023 to Dec. 2023 .

REC Silicon ASA's change in inventory for the fiscal year that ended in Dec. 2023 was $-20.3 Mil. It means REC Silicon ASA's inventory increased by $20.3 Mil from Dec. 2022 to Dec. 2023 .

REC Silicon ASA's Total Inventories for the quarter that ended in Dec. 2023 was $58.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. REC Silicon ASA's Days Inventory for the quarter that ended in Dec. 2023 was 565.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. REC Silicon ASA's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.16.

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. REC Silicon ASA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.33.

REC Silicon ASA Change In Inventory Historical Data

The historical data trend for REC Silicon ASA'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.

* Premium members only.

REC Silicon ASA Change In Inventory Chart

REC Silicon ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

21.50

6.40

7.90

-5.20

-20.30

REC Silicon ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															6.00	-4.50	-3.20	-3.50	-18.10

REC Silicon ASA 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-29.3 Mil.

REC Silicon ASA (OTCPK:RNWEF) Change In Inventory Explanation

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

REC Silicon ASA's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	53.95	/	8.7	*	365 / 4
	=	565.85

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

REC Silicon ASA's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8.7	/	53.95
	=	0.16

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.

REC Silicon ASA's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	53.95	/	40.5
	=	1.33

REC Silicon ASA Change In Inventory Related Terms

Thank you for viewing the detailed overview of REC Silicon ASA's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

REC Silicon ASA (REC Silicon ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » REC Silicon ASA (OTCPK:RNWEF) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

RNWEY:USA RECo:Sweden RECSI:Norway R3Q:Germany

Address

Fornebuveien 84, PO Box 63, Lysaker, NOR, 1324

Website

https://www.recsilicon.com

REC Silicon ASA is a producer of silicon materials, supplying high-purity polysilicon and silicon gases to the solar and electronics industries. The product offered by the group includes Solar grade polysilicon, Electronic grade polysilicon and Silicon gases. It operates in two segments namely Solar Materials and Semiconductor Materials. Majority of the firm's revenue gets generated through Semiconductor Materials segment.

REC Silicon ASA (REC Silicon ASA) Headlines

From GuruFocus

Q4 2023 REC Silicon ASA Earnings Call Transcript

By GuruFocus Research • 02-10-2024