Hybrid Power Solutions (XCNQ:HPSS) Change In Inventory : C$-0.33 Mil (TTM As of Feb. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Hybrid Power Solutions Change In Inventory?

Hybrid Power Solutions's change in inventory for the quarter that ended in Feb. 2024 was C$-0.17 Mil. It means Hybrid Power Solutions's inventory increased by C$0.17 Mil from Nov. 2023 to Feb. 2024 .

Hybrid Power Solutions's change in inventory for the fiscal year that ended in May. 2023 was C$-0.86 Mil. It means Hybrid Power Solutions's inventory increased by C$0.86 Mil from May. 2022 to May. 2023 .

Hybrid Power Solutions's Total Inventories for the quarter that ended in Feb. 2024 was C$1.45 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hybrid Power Solutions's Days Inventory for the quarter that ended in Feb. 2024 was 224.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hybrid Power Solutions's Inventory Turnover for the quarter that ended in Feb. 2024 was 0.41.

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. Hybrid Power Solutions's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 1.88.

Hybrid Power Solutions Change In Inventory Historical Data

The historical data trend for Hybrid Power Solutions'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.

Hybrid Power Solutions Change In Inventory Chart

Hybrid Power Solutions Annual Data

Trend

May21

May22

May23

Change In Inventory

0.09

-0.09

-0.86

Hybrid Power Solutions Quarterly Data
	May21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Inventory	Get a 7-Day Free Trial					0.07	-0.31	-0.08	0.22	-0.17

Hybrid Power Solutions 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.33 Mil.

Hybrid Power Solutions (XCNQ:HPSS) Change In Inventory Explanation

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

Hybrid Power Solutions's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.3635	/	0.553	*	365 / 4
	=	224.99

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.553	/	1.3635
	=	0.41

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.3635	/	0.727
	=	1.88

Hybrid Power Solutions Change In Inventory Related Terms

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

Hybrid Power Solutions (XCNQ:HPSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hybrid Power Solutions Inc (XCNQ:HPSS) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

E092:Germany

Address

333 Terminal Avenue, Suite 208, Vancouver, BC, CAN, V6A 4C1

Website

https://www.hybridps.ca

Hybrid Power Solutions Inc is a Canadian clean energy company specializing in producing, developing, and installing direct-to-consumer clean technology products such as portable power packs and stationary energy storage. It mainly designs and manufactures patent-pending portable battery systems and customized energy solutions for a variety of industrial markets, including the mining, railway, public transit, and construction sectors. It also has a franchise network of solar power installers that operate under the Company's trademark and offer the sale and installation of the Company's products. Geographically, the company operates in Canada which is the key revenue generating market, and the United States.

Hybrid Power Solutions (XCNQ:HPSS) Headlines

No Headlines