The historical rank and industry rank for Sunnova Energy International's Days Inventory or its related term are showing as below:
NOVAQ's Days Inventory is not ranked *
in the Semiconductors industry.
Industry Median: 111.84 * Ranked among companies with meaningful Days Inventory only.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Sunnova Energy International's Inventory Turnover for the
three
months ended in Dec. 2024 was 0.95.
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.
Sunnova Energy International's Inventory-to-Revenue for the
three
months ended in Dec. 2024 was 0.59.
Sunnova Energy International (OTCPK:NOVAQ) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Sunnova Energy International's Inventory Turnover for the
three
months ended in Dec. 2024 is calculated as
2. 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.
Sunnova Energy International's Inventory to Revenue for the
three
months ended in Dec. 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.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Sunnova Energy International Days Inventory Related Terms
Sunnova Energy International Days Inventory Historical Data
* 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.
NOVAQ vs VSTTF, SING, APWL: Days Inventory Comparison
For the Solar subindustry, Sunnova Energy International's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Sunnova Energy International Days Inventory vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Sunnova Energy International's Days Inventory distribution charts can be found below:
* The bar in red indicates where Sunnova Energy International's Days Inventory falls into.
* 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.
Sunnova Energy International (NOVAQ) has a Days Inventory of 96.27 as of Dec. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Sunnova Energy International and its competitors.
Is Sunnova Energy International's Days Inventory too high?
Sunnova Energy International's current Days Inventory is 96.27. The Semiconductors industry median Days Inventory is 111.84. Sunnova Energy International's value of 96.27 is 13.9% below this industry median.
How does Sunnova Energy International's Days Inventory compare to VSTTF and SING?
Sunnova Energy International's Days Inventory of 96.27 can be compared against companies in the Semiconductors industry. The industry median Days Inventory is 111.84. Sunnova Energy International's value of 96.27 is 13.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Semiconductors company?
The median Days Inventory among Semiconductors companies is 111.84, based on 981 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sunnova Energy International's current Days Inventory of 96.27 is 13.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Sunnova Energy International and its competitors. For the Semiconductors industry, the median Days Inventory is 111.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunnova Energy International's current Days Inventory is 96.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunnova Energy International stock overvalued right now?
Sunnova Energy International (NOVAQ) has a current Days Inventory of 96.27. The current Days Inventory is 96.27 and 13.9% below the Semiconductors industry median of 111.84. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Sunnova Energy International (NOVAQ), the current Days Inventory is 96.27 as of Dec. 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.
Sunnova Energy International Inc is a residential solar energy products and services provider company. It offers services such as operations and maintenance, monitoring, repairs and replacements, equipment upgrades, and onsite power optimization. The products and services offered by the group include Add-on battery storage, Home solar protection plans, New solar battery storage, and various other solar systems. It operates in a single reportable segment: solar energy products and services.
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