SPIEF (SPI Energy Co) Days Inventory: 65.36 (As of Sep. 2023)


SPIEF SPI Energy Co Ltd SPIEF
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What is SPI Energy Co Days Inventory?

SPI Energy Co SPIEF 12 Days Inventory is 65.36 as of Sep. 2023. GuruFocus rates SPIEF with a GF Score™ of 12/100.

Days Inventory is also known as Days Sales of Inventory (DSI). SPI Energy Co's Average Total Inventories for the three months ended in Sep. 2023 was $34.7 Mil. SPI Energy Co's Cost of Goods Sold for the three months ended in Sep. 2023 was $48.5 Mil. Hence, SPI Energy Co's Days Inventory for the three months ended in Sep. 2023 was 65.36.

The historical rank and industry rank for SPI Energy Co's Days Inventory or its related term are showing as below:

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

SPI Energy Co's Days Inventory increased from Sep. 2022 (50.13) to Sep. 2023 (65.36). It might indicate that SPI Energy Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. SPI Energy Co's Inventory Turnover for the three months ended in Sep. 2023 was 1.40.

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. SPI Energy Co's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.62.


SPI Energy Co  (OTCPK:SPIEF) 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.

SPI Energy Co's Inventory Turnover for the three months ended in Sep. 2023 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.

SPI Energy Co's Inventory to Revenue for the three months ended in Sep. 2023 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.


SPI Energy Co Days Inventory Related Terms


SPI Energy Co Days Inventory Historical Data

* Premium members only.

The historical data trend for SPI Energy Co'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.

SPI Energy Co Days Inventory Chart

SPI Energy Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.21 51.69 46.52 48.83 58.47

SPI Energy Co Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.13 64.28 65.49 58.41 65.36

SPIEF vs ISUN, SUNW, PEGY: Days Inventory Comparison

For the Solar subindustry, SPI Energy Co'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.


SPI Energy Co Days Inventory vs Semiconductors Industry

For the Semiconductors industry and Technology sector, SPI Energy Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where SPI Energy Co's Days Inventory falls into.


SPIEF
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SPI Energy Co Ltd SPIEF
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SPI Energy Co Days Inventory Calculation

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

SPI Energy Co's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (23.242 + 28.987) / 2 ) / 163.033*365
=26.1145 / 163.033*365
=58.47

SPI Energy Co's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (35.288 + 34.139) / 2 ) / 48.463*365 / 4
=34.7135 / 48.463*365 / 4
=65.36

* 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 65.36 mean?
SPI Energy Co (SPIEF) has a Days Inventory of 65.36 as of Sep. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on SPI Energy Co and its competitors.
Is SPI Energy Co's Days Inventory too high?
SPI Energy Co's current Days Inventory is 65.36. The Semiconductors industry median Days Inventory is 111.84. SPI Energy Co's value of 65.36 is 41.6% below this industry median. Overall, SPI Energy Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does SPI Energy Co's Days Inventory compare to ISUN and SUNW?
SPI Energy Co's Days Inventory of 65.36 can be compared against companies in the Semiconductors industry. The industry median Days Inventory is 111.84. SPI Energy Co's value of 65.36 is 41.6% 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. SPI Energy Co's current Days Inventory of 65.36 is 41.6% 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 SPI Energy Co 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. SPI Energy Co's current Days Inventory is 65.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPI Energy Co stock overvalued right now?
SPI Energy Co (SPIEF) has a current Days Inventory of 65.36. The current Days Inventory is 65.36 and 41.6% below the Semiconductors industry median of 111.84. SPI Energy Co's overall GF Score™ is 12/100. 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 SPI Energy Co (SPIEF), the current Days Inventory is 65.36 as of Sep. 2023. 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.

SPI Energy Co Business Description

Address 4803 Urbani Ave, Mc Clellan Park, CA, USA, 95652
SPI Energy Co Ltd is a renewable energy company and provider of solar storage and electric vehicle (EV) solutions. The company has three core divisions: SolarJuice residential solar, the commercial solar division comprised of SPI Solar and Orange Power, and the Edisonfuture/Phoenix Motor EV division. Geographically, it has a presence in North America, Australia, Asia and Europe.
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