Solar AS (LTS:0G33) Change In Inventory : kr113 Mil (TTM As of Dec. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Solar AS Change In Inventory?

Solar AS's change in inventory for the quarter that ended in Dec. 2024 was kr47 Mil. It means Solar AS's inventory declined by kr47 Mil from Sep. 2024 to Dec. 2024 .

Solar AS's change in inventory for the fiscal year that ended in Dec. 2024 was kr113 Mil. It means Solar AS's inventory declined by kr113 Mil from Dec. 2023 to Dec. 2024 .

Solar AS's Total Inventories for the quarter that ended in Dec. 2024 was kr1,888 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Solar AS's Days Inventory for the quarter that ended in Dec. 2024 was 68.21.

Inventory Turnover measures how fast the company turns over its inventory within a year. Solar AS's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.34.

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. Solar AS's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.59.

Solar AS Change In Inventory Historical Data

The historical data trend for Solar AS'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.

Solar AS Change In Inventory Chart

Solar AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

Get a 7-Day Free Trial

126.00

-319.00

-433.00

230.00

113.00

Solar AS Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Inventory	Get a 7-Day Free Trial															171.00	112.00	-5.00	-41.00	47.00

Solar AS 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr113 Mil.

Solar AS (LTS:0G33) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1915	/	2562	*	365 / 4
	=	68.21

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

Solar AS's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2562	/	1915
	=	1.34

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.

Solar AS's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1915	/	3233
	=	0.59

Solar AS Change In Inventory Related Terms

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

Solar AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Solar AS (LTS:0G33) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

SOLABc:UK SOLAR B:Denmark ZVR:Germany

Address

Industrivej Vest 43, Vejen, DNK, 6600

Website

https://www.solar.eu

Solar AS is an sourcing and services company mainly within electrical, heating & plumbing and climate & energy solutions. Its core business centres on product sourcing, value-adding services and optimisation of customer's businesses. It has three business segment; Installation, Industry and Trade. Installation covers installation of electrical, and heating and plumbing products, while industry covers industry, offshore and marine, and utility and infrastructure, trade covers other small areas. Key revenue is generated from Installation segment. The company operates in Denmark, Sweden, Norway, Netherlands, Poland and Others.

Solar AS Headlines

No Headlines