Days Inventory is also known as Days Sales of Inventory (DSI). Turbo Energy's Average Total Inventories for the
six
months ended in Jun. 2024 was €4.13 Mil. Turbo Energy's Cost of Goods Sold for the
six
months ended in Jun. 2024 was €5.12 Mil.
Hence, Turbo Energy's Days Inventory for the
six
months ended in Jun. 2024 was 147.37.
The historical rank and industry rank for Turbo Energy's Days Inventory or its related term are showing as below:
STU:X8WA'
s Days Inventory Range Over the Past 10 Years
Min: 81.38 Med: 92.32 Max: 237.78
Current: 185.63
During the past 3 years, Turbo Energy's highest Days Inventory was 237.78. The lowest was 81.38. And the median was 92.32.
STU:X8WA's Days Inventory is ranked worse than 72.07% of 956
companies
in the Semiconductors industry
Industry Median: 123.74
vs STU:X8WA: 185.63
Turbo Energy's Days Inventory
declined
from Jun. 2023 (286.04) to Jun. 2024 (147.37).
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Turbo Energy's Inventory Turnover for the
six
months ended in Jun. 2024 was 1.24.
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.
Turbo Energy's Inventory-to-Revenue for the
six
months ended in Jun. 2024 was 0.85.
Turbo Energy Days Inventory Historical Data
The historical data trend for Turbo Energy'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.
Competitive Comparison of Turbo Energy's Days Inventory
For the Solar subindustry, Turbo Energy'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.
Turbo Energy's Days Inventory Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Turbo Energy's Days Inventory distribution charts can be found below:
* The bar in red indicates where Turbo Energy's Days Inventory falls into.
Turbo Energy Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Turbo Energy's Days Inventory for the fiscal year that ended in Dec. 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.
Turbo Energy (STU:X8WA) 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.
Turbo Energy's Inventory Turnover for the
six
months ended in Jun. 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.
Turbo Energy's Inventory to Revenue for the
six
months ended in Jun. 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.
Turbo Energy Days Inventory Related Terms
Thank you for viewing the detailed overview of Turbo Energy's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Turbo Energy SA is a company that specializes in designing, developing, and distributing equipment for the generation, management, and storage of photovoltaic energy. The company's primary activities include acquiring, distributing, and selling electrical and electronic materials for renewable energy projects, such as solar panels, inverters, chargers, regulators, batteries, and structures. The storage products are managed through a software system optimized by artificial intelligence, which is controlled from the cloud and through the installation inverter. Turbo Energy sells inverters, batteries, and photovoltaic modules to installers and other distributors for residential consumers in Spain.
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