Plug Power (MIL:1PLUG) Change In Inventory : €30.7 Mil (TTM As of Sep. 2024)

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What is Plug Power Change In Inventory?

Plug Power's change in inventory for the quarter that ended in Sep. 2024 was €38.6 Mil. It means Plug Power's inventory declined by €38.6 Mil from Jun. 2024 to Sep. 2024 .

Plug Power's change in inventory for the fiscal year that ended in Dec. 2023 was €-374.7 Mil. It means Plug Power's inventory increased by €374.7 Mil from Dec. 2022 to Dec. 2023 .

Plug Power's Total Inventories for the quarter that ended in Sep. 2024 was €798.1 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Plug Power's Days Inventory for the quarter that ended in Sep. 2024 was 309.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Plug Power's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.30.

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. Plug Power's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 5.34.

Plug Power Change In Inventory Historical Data

The historical data trend for Plug Power'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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Plug Power Change In Inventory Chart

Plug Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-22.17

-52.11

-89.34

-345.19

-374.72

Plug Power 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															-133.08	2.85	-35.25	24.51	38.56

Plug Power 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 €30.7 Mil.

Plug Power (MIL:1PLUG) Change In Inventory Explanation

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

Plug Power's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	835.45	/	246.654	*	365 / 4
	=	309.08

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

Plug Power's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	246.654	/	835.45
	=	0.30

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.

Plug Power's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	835.45	/	156.531
	=	5.34

Plug Power Change In Inventory Related Terms

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Plug Power Business Description

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Address

968 Albany Shaker Road, Latham, NY, USA, 12110

Website

https://www.plugpower.com

Plug Power is building an end-to-end green hydrogen ecosystem-from production, storage, and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets, including material handling, e-mobility, power generation, and industrial applications.

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