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GWH.WS (ESS Tech) Inventory-to-Revenue : 15.96 (As of Sep. 2024)


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What is ESS Tech Inventory-to-Revenue?

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. ESS Tech's Average Total Inventories for the quarter that ended in Sep. 2024 was $5.73 Mil. ESS Tech's Revenue for the three months ended in Sep. 2024 was $0.36 Mil. ESS Tech's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 15.96.

ESS Tech's Inventory-to-Revenue for the quarter that ended in Sep. 2024 increased from Jun. 2024 (10.90) to Jun. 2024 (15.96)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ESS Tech's Days Inventory for the three months ended in Sep. 2024 was 41.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. ESS Tech's Inventory Turnover for the quarter that ended in Sep. 2024 was 2.22.


ESS Tech Inventory-to-Revenue Historical Data

The historical data trend for ESS Tech's Inventory-to-Revenue 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.

ESS Tech Inventory-to-Revenue Chart

ESS Tech Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
- - - 0.45

ESS Tech Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Inventory-to-Revenue 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 1.46 1.01 1.19 10.90 15.96

Competitive Comparison of ESS Tech's Inventory-to-Revenue

For the Electrical Equipment & Parts subindustry, ESS Tech's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


ESS Tech's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ESS Tech's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where ESS Tech's Inventory-to-Revenue falls into.



ESS Tech Inventory-to-Revenue Calculation

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.

ESS Tech's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (0 + 3.366) / 1 ) / 7.54
=3.366 / 7.54
=0.45

ESS Tech's Inventory-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue (Q: Sep. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Revenue (Q: Sep. 2024 )
=( (4.425 + 7.037) / 2 ) / 0.359
=5.731 / 0.359
=15.96

* 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.


ESS Tech  (NYSE:GWH.WS) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

ESS Tech's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=5.731/12.741*365 / 4
=41.04

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

ESS Tech's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=12.741 / 5.731
=2.22

* 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.


ESS Tech Inventory-to-Revenue Related Terms

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ESS Tech Business Description

Traded in Other Exchanges
Address
26440 SW Parkway Avenue, Building 83, Wilsonville, OR, USA, 97070
ESS Tech Inc is a long-duration energy storage company specializing in iron flow battery technology. The company design and produce long-duration batteries predominantly using earth-abundant materials.