GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Power Solutions International Inc (OTCPK:PSIX) » Definitions » Change In Inventory

Power Solutions International (Power Solutions International) Change In Inventory : $41.6 Mil (TTM As of Mar. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Power Solutions International Change In Inventory?

Power Solutions International's change in inventory for the quarter that ended in Mar. 2024 was $-4.8 Mil. It means Power Solutions International's inventory increased by $4.8 Mil from Dec. 2023 to Mar. 2024 .

Power Solutions International's change in inventory for the fiscal year that ended in Dec. 2023 was $33.8 Mil. It means Power Solutions International's inventory declined by $33.8 Mil from Dec. 2022 to Dec. 2023 .

Power Solutions International's Total Inventories for the quarter that ended in Mar. 2024 was $88.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Power Solutions International's Days Inventory for the quarter that ended in Mar. 2024 was 114.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. Power Solutions International's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.80.

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. Power Solutions International's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.91.


Power Solutions International Change In Inventory Historical Data

The historical data trend for Power Solutions 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.

* Premium members only.

Power Solutions International Change In Inventory Chart

Power Solutions International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.98 -0.38 -34.84 21.10 33.79

Power Solutions International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -12.59 18.14 18.06 10.18 -4.80

Power Solutions 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $41.6 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.


Power Solutions International  (OTCPK:PSIX) Change In Inventory Explanation

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

Power Solutions 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
=86.8735/69.484*365 / 4
=114.09

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

Power Solutions International's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

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.

Power Solutions International's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

* 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.


Power Solutions International Change In Inventory Related Terms

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


Power Solutions International (Power Solutions International) Business Description

Traded in Other Exchanges
N/A
Address
201 Mittel Drive, Wood Dale, IL, USA, 60191
Power Solutions International Inc is an America-based company that manufactures, distributes, and services power systems that primarily run on nondiesel fuels, including natural gas, propane, and gasoline. The company's products are designed to meet emission standards imposed by environmental regulatory bodies like the Environmental Protection Agency. Its products are distributed to a wide range of industrial original equipment manufacturers that supply equipment to sectors including power generation, oil and gas, material handling, airport ground support, agricultural, turf, construction, and irrigation. The company generates most of its sales from United States.
Executives
Gary S Winemaster director, 10 percent owner, officer: See Remarks 231 EAST COLONIAL DRIVE, VERNON HILLS IL 60061
Fuzhang Yu director 201 MITTEL DRIVE, WOOD DALE IL 60191
Neil Gagnon 10 percent owner 1370 AVENUE OF THE AMERICAS, 24TH FLOOR, NEW YORK NY 10019
Jiwen Zhang director 201 MITTEL DRIVE, WOOD DALE IL 60191
Gengsheng Zhang director 201 MITTEL DRIVE, WOOD DALE IL 60191
Xun Li officer: Chief Financial Officer 201 MITTEL DRIVE, WOOD DALE IL 60191
Junhua Gu officer: See Remarks 201 MITTEL DRIVE, WOOD DALE IL 60191
Matthew Joseph Thomas officer: See Remarks 201 MITTEL DRIVE, WOOD DALE IL 60191
Fabrizio Mozzi director 201 MITTEL DRIVE, WOOD DALE IL 60191
Lei Lei director 201 MITTEL DRIVE, WOOD DALE IL 60191
Xykis Constantine officer: Chief Technology Officer 201 MITTEL DRIVE, WOOD DALE IL 60191
Sidong Shao director C/O 200 WEST MITTEL DRIVE, WOOD DALE IL 60191
Xinghao Li director C/O 200 WEST MITTEL DRIVE, WOOD DALE IL 60191
Hong He director 201 MITTEL DRIVE, WOOD DALE IL 60191
Lance Michael Arnett officer: Chief Commercial Officer 201 MITTEL DRIVE, WOOD DALE IL 60191