NOVAQ (Sunnova Energy International) Change In Inventory: $0.0 Mil (TTM As of Dec. 2024)

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What is Sunnova Energy International Change In Inventory?

Sunnova Energy International NOVAQ Change In Inventory is $0.0 Mil as of Dec. 2024.

Sunnova Energy International's change in inventory for the quarter that ended in Dec. 2024 was $0.0 Mil. It means Sunnova Energy International's inventory stayed the same from Sep. 2024 to Dec. 2024 .

Sunnova Energy International's change in inventory for the fiscal year that ended in Dec. 2024 was $0.0 Mil. It means Sunnova Energy International's inventory stayed the same from Dec. 2023 to Dec. 2024 .

Sunnova Energy International's Total Inventories for the quarter that ended in Dec. 2024 was $126.7 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sunnova Energy International's Days Inventory for the quarter that ended in Dec. 2024 was 96.27.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sunnova Energy International's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.95.

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. Sunnova Energy International's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.59.

Sunnova Energy International  (OTCPK:NOVAQ) Change In Inventory Explanation

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

Sunnova Energy International's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=131.657/124.787*365 / 4
=96.27

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

Sunnova Energy International's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=124.787 / 131.657
=0.95

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.

Sunnova Energy International's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=131.657 / 224.127
=0.59

* 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.

Sunnova Energy International Change In Inventory Related Terms

Sunnova Energy International Change In Inventory Historical Data

* Premium members only.

The historical data trend for Sunnova Energy International'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.

Sunnova Energy International Change In Inventory Chart

Sunnova Energy International Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Inventory
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Sunnova Energy International 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Sunnova Energy International 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 $0.0 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $0.0 Mil mean?
Sunnova Energy International (NOVAQ) has a Change In Inventory of $0.0 Mil as of Dec. 2024. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Sunnova Energy International and its competitors.
Is Sunnova Energy International's Change In Inventory too high?
Sunnova Energy International's current Change In Inventory is $0.0 Mil.
How does Sunnova Energy International's Change In Inventory compare to VSTTF and SING?
Sunnova Energy International's Change In Inventory of $0.0 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Semiconductors company?
A good Change In Inventory depends on the Semiconductors industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Sunnova Energy International and its competitors. Sunnova Energy International's current Change In Inventory is $0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunnova Energy International stock overvalued right now?
Sunnova Energy International (NOVAQ) has a current Change In Inventory of $0.0 Mil. The current Change In Inventory is $0.0 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Sunnova Energy International (NOVAQ), the current Change In Inventory is $0.0 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sunnova Energy International Business Description

Address 20 East Greenway Plaza, Suite 540, Houston, TX, USA, 77046
Sunnova Energy International Inc is a residential solar energy products and services provider company. It offers services such as operations and maintenance, monitoring, repairs and replacements, equipment upgrades, and onsite power optimization. The products and services offered by the group include Add-on battery storage, Home solar protection plans, New solar battery storage, and various other solar systems. It operates in a single reportable segment: solar energy products and services.