Daqo New Energy (MEX:DQ) Change In Inventory : MXN0 Mil (TTM As of Sep. 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 Sep. 2024 was MXN0 Mil. It means Daqo New Energy's inventory stayed the same from Jun. 2024 to Sep. 2024 .

Daqo New Energy's change in inventory for the fiscal year that ended in Dec. 2023 was MXN-222 Mil. It means Daqo New Energy's inventory increased by MXN222 Mil from Dec. 2022 to Dec. 2023 .

Daqo New Energy's Total Inventories for the quarter that ended in Sep. 2024 was MXN4,073 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 Sep. 2024 was 67.88.

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 Sep. 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. Daqo New Energy's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.97.

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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-408.04

-101.95

-5,747.76

2,695.48

-222.01

Daqo New Energy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN0 Mil.

Daqo New Energy (MEX:DQ) 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
	=	3795.181	/	5101.56	*	365 / 4
	=	67.88

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 Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5101.56	/	3795.181
	=	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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3795.181	/	3908.446
	=	0.97

Daqo New Energy Change In Inventory Related Terms

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Daqo New Energy Business Description

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DQ:USA 0I74:UK 5DQ2:Germany

Address

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

Website

https://www.dqsolar.com

Daqo New Energy Corp is a polysilicon manufacturer based in China. The company manufactures and sells high-purity polysilicon to manufacturers who use it to make ingots, cells, and modules for solar power solutions. The polysilicon is packaged to meet crucible stacking, pulling, and solidification needs. All of the company's revenues come from the People's Republic of China.