Invinity Energy Systems (LSE:IES) Change In Inventory : £-0.98 Mil (TTM As of Jun. 2024)

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What is Invinity Energy Systems Change In Inventory?

Invinity Energy Systems's change in inventory for the quarter that ended in Jun. 2024 was £-1.17 Mil. It means Invinity Energy Systems's inventory increased by £1.17 Mil from Dec. 2023 to Jun. 2024 .

Invinity Energy Systems's change in inventory for the fiscal year that ended in Dec. 2023 was £6.14 Mil. It means Invinity Energy Systems's inventory declined by £6.14 Mil from Dec. 2022 to Dec. 2023 .

Invinity Energy Systems's Total Inventories for the quarter that ended in Jun. 2024 was £4.44 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Invinity Energy Systems's Days Inventory for the quarter that ended in Jun. 2024 was 256.33.

Inventory Turnover measures how fast the company turns over its inventory within a year. Invinity Energy Systems's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.71.

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. Invinity Energy Systems's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 2.36.

Invinity Energy Systems Change In Inventory Historical Data

The historical data trend for Invinity Energy Systems'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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Invinity Energy Systems Change In Inventory Chart

Invinity Energy Systems Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.29

-1.36

-4.49

-3.88

6.14

Invinity Energy Systems Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Inventory	Get a 7-Day Free Trial							0.26	-4.14	5.95	0.20	-1.17

Invinity Energy Systems 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.98 Mil.

Invinity Energy Systems (LSE:IES) Change In Inventory Explanation

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

Invinity Energy Systems's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	3.8625	/	2.75	*	365 / 2
	=	256.33

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

Invinity Energy Systems's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.75	/	3.8625
	=	0.71

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.

Invinity Energy Systems's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.8625	/	1.637
	=	2.36

Invinity Energy Systems Change In Inventory Related Terms

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Invinity Energy Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Invinity Energy Systems PLC (LSE:IES) » Definitions » Change In Inventory

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IESVF:USA IES:UK A10:Germany

Address

Castle Street, 3rd Floor, IFC5, St. Helier, JEY, JE2 3BY

Website

https://www.invinity.com

Invinity Energy Systems PLC operates in the manufacturing of vanadium flow battery systems and their related installation and other services. Its vanadium flow batteries are a form of heavy-duty, stationary energy storage, used in high-utilization applications such as being coupled with industrial-scale solar generation for distributed, low-carbon energy projects. The company's flow battery systems are ideal for commercial and industrial sites, grid network infrastructure projects, and off-grid applications, either standalone or alongside renewable energy such as solar PV. It generates the majority of its revenue from the sale of Battery systems and associated control systems. Its geographical segments are the United Kingdom, Asia, the United States, and Others.

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