SIRC (Solar Integrated Roofing) Days Inventory: 0.32 (As of Sep. 2022)


What is Solar Integrated Roofing Days Inventory?

Solar Integrated Roofing SIRC -99.00% Days Inventory is 0.32 as of Sep. 2022.

Days Inventory is also known as Days Sales of Inventory (DSI). Solar Integrated Roofing's Average Total Inventories for the three months ended in Sep. 2022 was $0.15 Mil. Solar Integrated Roofing's Cost of Goods Sold for the three months ended in Sep. 2022 was $43.07 Mil. Hence, Solar Integrated Roofing's Days Inventory for the three months ended in Sep. 2022 was 0.32.

The historical rank and industry rank for Solar Integrated Roofing's Days Inventory or its related term are showing as below:

SIRC's Days Inventory is not ranked *
in the Semiconductors industry.
Industry Median: 111.84
* Ranked among companies with meaningful Days Inventory only.

Solar Integrated Roofing's Days Inventory increased from May. 2010 (0.00) to Sep. 2022 (0.32). It might indicate that Solar Integrated Roofing's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Solar Integrated Roofing's Inventory Turnover for the three months ended in Sep. 2022 was 285.24.

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 Integrated Roofing's Inventory-to-Revenue for the three months ended in Sep. 2022 was 0.00.

Solar Integrated Roofing  (OTCPK:SIRC) 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.

Solar Integrated Roofing's Inventory Turnover for the three months ended in Sep. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=43.071 / 0.151
=285.24

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.

Solar Integrated Roofing's Inventory to Revenue for the three months ended in Sep. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.151 / 57.267
=0.00

* 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.

Solar Integrated Roofing Days Inventory Related Terms

Solar Integrated Roofing Days Inventory Historical Data

* Premium members only.

The historical data trend for Solar Integrated Roofing's Days 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 Integrated Roofing Days Inventory Chart

Solar Integrated Roofing Annual Data
Trend Feb08 Feb09
Days Inventory
0.00 0.00

Solar Integrated Roofing Quarterly Data
Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Sep21 Sep22
Days 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 0.00 0.00 0.00 0.00 0.32

SIRC vs YGEHY, BSRC: Days Inventory Comparison

For the Solar subindustry, Solar Integrated Roofing'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.

Solar Integrated Roofing Days Inventory vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Solar Integrated Roofing's Days Inventory distribution charts can be found below:

* The bar in red indicates where Solar Integrated Roofing's Days Inventory falls into.


Solar Integrated Roofing Days Inventory Calculation

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

Solar Integrated Roofing's Days Inventory for the fiscal year that ended in Feb. 2009 is calculated as

Days Inventory (A: Feb. 2009 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2008 ) + Total Inventories (A: Feb. 2009 )) / count ) / Cost of Goods Sold (A: Feb. 2009 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Solar Integrated Roofing's Days Inventory for the quarter that ended in Sep. 2022 is calculated as:

Days Inventory (Q: Sep. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2021 ) + Total Inventories (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (0 + 0.151) / 1 ) / 43.071*365 / 4
=0.151 / 43.071*365 / 4
=0.32

* 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 Days Inventory →
What does a Days Inventory of 0.32 mean?
Solar Integrated Roofing (SIRC) has a Days Inventory of 0.32 as of Sep. 2022. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Solar Integrated Roofing and its competitors.
Is Solar Integrated Roofing's Days Inventory too high?
Solar Integrated Roofing's current Days Inventory is 0.32. The Semiconductors industry median Days Inventory is 111.84. Solar Integrated Roofing's value of 0.32 is 99.7% below this industry median.
How does Solar Integrated Roofing's Days Inventory compare to YGEHY and BSRC?
Solar Integrated Roofing's Days Inventory of 0.32 can be compared against companies in the Semiconductors industry. The industry median Days Inventory is 111.84. Solar Integrated Roofing's value of 0.32 is 99.7% 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 983 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. Solar Integrated Roofing's current Days Inventory of 0.32 is 99.7% 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 Solar Integrated Roofing 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. Solar Integrated Roofing's current Days Inventory is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Integrated Roofing stock overvalued right now?
Solar Integrated Roofing (SIRC) has a current Days Inventory of 0.32. The current Days Inventory is 0.32 and 99.7% 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 Solar Integrated Roofing (SIRC), the current Days Inventory is 0.32 as of Sep. 2022. 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 Integrated Roofing Business Description

Address 2831 Saint Rose Parkway, Suite 200, Henderson, NV, USA, 89052
Solar Integrated Roofing Corp is an integrated, single-source solar power, EV (Electric Vehicle) charging, microgrids and roofing systems installation company providing products and services to government, commercial and residential facilities, and properties. The company has segments namely: Solar Residential; Solar Commercial; Roofing Construction; EV Charging; and Supplemental. It derives maximum revenue from Solar Commercial Segment.