Daqo New Energy (FRA:5DQ2) Change In Inventory : €0 Mil (TTM As of Mar. 2024)

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What is Daqo New Energy Change In Inventory?

Daqo New Energy's change in inventory for the quarter that ended in Mar. 2024 was €0 Mil. It means Daqo New Energy's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Daqo New Energy's change in inventory for the fiscal year that ended in Dec. 2023 was €-12 Mil. It means Daqo New Energy's inventory increased by €12 Mil from Dec. 2022 to Dec. 2023 .

Daqo New Energy's Total Inventories for the quarter that ended in Mar. 2024 was €176 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Daqo New Energy's Days Inventory for the quarter that ended in Mar. 2024 was 48.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. Daqo New Energy's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.89.

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. Daqo New Energy's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.44.

Daqo New Energy Change In Inventory Historical Data

The historical data trend for Daqo New Energy'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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Daqo New Energy Change In Inventory Chart

Daqo New Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-19.47

-4.21

-247.97

130.52

-11.99

Daqo New Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Daqo New Energy 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0 Mil.

Daqo New Energy (FRA:5DQ2) Change In Inventory Explanation

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

Daqo New Energy's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	167.379	/	315.768	*	365 / 4
	=	48.37

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

Daqo New Energy's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	315.768	/	167.379
	=	1.89

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.

Daqo New Energy's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	167.379	/	382.086
	=	0.44

Daqo New Energy Change In Inventory Related Terms

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Daqo New Energy (FRA:5DQ2) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Daqo New Energy Corp (FRA:5DQ2) » Definitions » Change In Inventory

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DQ:USA DQ:Mexico 5DQ2:Germany

Address

No. 838 Zhangyang Road, Room C,29th Floor, Unit 29, Huadu Mansion, Pudong, Shanghai, CHN, 200122

Website

http://www.dqsolar.com

Daqo New Energy Corp is a polysilicon manufacturer based in China. The company is engaged in the manufacturing and selling of high-purity polysilicon to photovoltaic product manufacturers who processed polysilicon into ingots, cells, and modules for solar power solutions. It offers ready-to-use polysilicon, packaged to meet crucible stacking, pulling, and solidification needs. All of its revenues gets derived from the People's Republic of China.

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