SOEN (Solar Enertech) Change In Inventory: $4.66 Mil (TTM As of Dec. 2011)

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What is Solar Enertech Change In Inventory?

Solar Enertech SOEN -99.00% Change In Inventory is $4.66 Mil as of Dec. 2011.

Solar Enertech's change in inventory for the quarter that ended in Dec. 2011 was $1.30 Mil. It means Solar Enertech's inventory declined by $1.30 Mil from Sep. 2011 to Dec. 2011 .

Solar Enertech's change in inventory for the fiscal year that ended in Sep. 2011 was $2.10 Mil. It means Solar Enertech's inventory declined by $2.10 Mil from Sep. 2010 to Sep. 2011 .

Solar Enertech's Total Inventories for the quarter that ended in Dec. 2011 was $0.90 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Solar Enertech's Days Inventory for the quarter that ended in Dec. 2011 was 45.61.

Inventory Turnover measures how fast the company turns over its inventory within a year. Solar Enertech's Inventory Turnover for the quarter that ended in Dec. 2011 was 2.00.

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. Solar Enertech's Inventory-to-Revenue for the quarter that ended in Dec. 2011 was 0.73.

Solar Enertech  (OTCPK:SOEN) Change In Inventory Explanation

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

Solar Enertech's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=1.545/3.091*365 / 4
=45.61

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

Solar Enertech's Inventory Turnover for the quarter that ended in Dec. 2011 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=3.091 / 1.545
=2.00

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.

Solar Enertech's Inventory to Revenue for the quarter that ended in Dec. 2011 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1.545 / 2.107
=0.73

* 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.

Solar Enertech Change In Inventory Related Terms

Solar Enertech Change In Inventory Historical Data

* Premium members only.

The historical data trend for Solar Enertech'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.

Solar Enertech Change In Inventory Chart

Solar Enertech Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11
Change In Inventory
Get a 7-Day Free Trial -5.71 1.38 0.88 0.00 2.10

Solar Enertech Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11
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 -1.25 0.41 1.92 1.03 1.30

Solar Enertech 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. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.66 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 $4.66 Mil mean?
Solar Enertech (SOEN) has a Change In Inventory of $4.66 Mil as of Dec. 2011. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Solar Enertech and its competitors.
Is Solar Enertech's Change In Inventory too high?
Solar Enertech's current Change In Inventory is $4.66 Mil.
How does Solar Enertech's Change In Inventory compare to TRWRF and UCLE?
Solar Enertech's Change In Inventory of $4.66 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 Solar Enertech and its competitors. Solar Enertech's current Change In Inventory is $4.66 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Enertech stock overvalued right now?
Solar Enertech (SOEN) has a current Change In Inventory of $4.66 Mil. The current Change In Inventory is $4.66 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 Solar Enertech (SOEN), the current Change In Inventory is $4.66 Mil as of Dec. 2011. 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.

Solar Enertech Business Description

Address 655 West Evelyn Avenue, Suite 2, Mountain View, CA, USA, 94041
Solar Enertech Corp currently operates as a photovoltaic solar energy cell manufacturer.