SP New Energy (PHS:SPNEC) Change In Inventory: ₱1 Mil (TTM As of Sep. 2024)


PHS:SPNEC SP New Energy Corp PHS:SPNEC
33 GF Score
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What is SP New Energy Change In Inventory?

SP New Energy PHS:SPNEC +2.17% 33 Change In Inventory is ₱1 Mil as of Sep. 2024. GuruFocus rates PHS:SPNEC with a GF Score™ of 33/100.

SP New Energy's change in inventory for the quarter that ended in Sep. 2024 was ₱1 Mil. It means SP New Energy's inventory declined by ₱1 Mil from Jun. 2024 to Sep. 2024 .

SP New Energy's change in inventory for the fiscal year that ended in Dec. 2023 was ₱-1 Mil. It means SP New Energy's inventory increased by ₱1 Mil from Jun. 2022 to Dec. 2023 .

SP New Energy's Total Inventories for the quarter that ended in Sep. 2024 was ₱0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SP New Energy's Days Inventory for the quarter that ended in Sep. 2024 was 6.45.

Inventory Turnover measures how fast the company turns over its inventory within a year. SP New Energy's Inventory Turnover for the quarter that ended in Sep. 2024 was 14.15.

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. SP New Energy's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.05.

SP New Energy  (PHS:SPNEC) Change In Inventory Explanation

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

SP 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
=12.3605/174.889*365 / 4
=6.45

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

SP 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
=174.889 / 12.3605
=14.15

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=12.3605 / 268.236
=0.05

* 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.

SP New Energy Change In Inventory Related Terms

SP New Energy Change In Inventory Historical Data

* Premium members only.

The historical data trend for SP 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.

SP New Energy Change In Inventory Chart

SP New Energy Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Jun22 Dec23
Change In Inventory
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 -0.75

SP New Energy Quarterly Data
Dec17 Dec18 Dec19 Dec20 Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.00 0.00 0.08 0.00 0.96
PHS:SPNEC
33GF Score
SP New Energy Corp PHS:SPNEC
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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SP 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 ₱1 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 ₱1 Mil mean?
SP New Energy (PHS:SPNEC) has a Change In Inventory of ₱1 Mil as of Sep. 2024. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for SP New Energy and its competitors.
Is SP New Energy's Change In Inventory too high?
SP New Energy's current Change In Inventory is ₱1 Mil. Overall, SP New Energy has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does SP New Energy's Change In Inventory compare to CEG?
SP New Energy's Change In Inventory of ₱1 Mil can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Change In Inventory depends on the Utilities - Independent Power Producers 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 SP New Energy and its competitors. SP New Energy's current Change In Inventory is ₱1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SP New Energy stock overvalued right now?
SP New Energy (PHS:SPNEC) has a current Change In Inventory of ₱1 Mil. The current Change In Inventory is ₱1 Mil. SP New Energy's overall GF Score™ is 33/100. 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 SP New Energy (PHS:SPNEC), the current Change In Inventory is ₱1 Mil as of Sep. 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.

SP New Energy Business Description

Address Ortigas Avenue, Rockwell Business Center, Barangay Ugong, Second District, National Capital Region, Pasig, PHL, 1604
SP New Energy Corp mainly to engage in the construction, operation and maintenance of all types of renewable energy plants and related services. The Group has only one geographical segment Philippines.
33GF Score

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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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