GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » XCHG Ltd (NAS:XCH) » Definitions » Change In Inventory

XCHG (XCH) Change In Inventory : $0.00 Mil (TTM As of Mar. 2024)


View and export this data going back to 2024. Start your Free Trial

What is XCHG Change In Inventory?

XCHG's change in inventory for the quarter that ended in Mar. 2024 was $0.00 Mil. It means XCHG's inventory stayed the same from Dec. 2023 to Mar. 2024 .

XCHG's change in inventory for the fiscal year that ended in Dec. 2023 was $-0.66 Mil. It means XCHG's inventory increased by $0.66 Mil from Dec. 2022 to Dec. 2023 .

XCHG's Total Inventories for the quarter that ended in Mar. 2024 was $6.55 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. XCHG's Days Inventory for the quarter that ended in Mar. 2024 was 109.79.

Inventory Turnover measures how fast the company turns over its inventory within a year. XCHG's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.83.

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. XCHG's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.59.

XCHG Change In Inventory Historical Data

The historical data trend for XCHG'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.

XCHG Change In Inventory Chart

XCHG Annual Data
Trend Dec21 Dec22 Dec23
Change In Inventory
-2.17 -3.38 -0.66

XCHG Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Inventory Get a 7-Day Free Trial Premium Member Only - - - - -

XCHG 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 $0.00 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.

XCHG  (NAS:XCH) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=6.602/5.487*365 / 4
=109.79

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

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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=5.487 / 6.602
=0.83

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=6.602 / 11.152
=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.

XCHG Change In Inventory Related Terms

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

XCHG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » XCHG Ltd (NAS:XCH) » Definitions » Change In Inventory
Comparable Companies
Traded in Other Exchanges
N/A
Address
Hamburg-Mitte Grevenweg 24, Hamburg, DEU, 20537
Website
https://www.xcharge.com
XCHG Ltd engaged in designing, manufacturing and selling of Electric Vehicle (EV) chargers and EV charging solutions which include the DC fast chargers named the C6 series and the C7 series, the battery-integrated DC fast chargers which is Net Zero Series (NZS), as well as accompanying services. Its integrated solution combining proprietary charging technology, energy storage technology and accompanying services significantly improves EV charging efficiency and unlocks the value of energy storage and management. Its NZS solution enables fast charging at low power locations or vis-a-vis aged grid infrastructures (which typically are not compatible with fast charging equipment) with no site improvements or grid upgrades needed.