What is SolarEdge Technologies 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. SolarEdge Technologies's Average Total Inventories for the quarter that ended in Sep. 2024 was $1,152 Mil. SolarEdge Technologies's Revenue for the
three
months ended in Sep. 2024 was $261 Mil.
SolarEdge Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 4.41.
SolarEdge Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2024
declined
from Jun. 2024 (5.75) to Jun. 2024 (4.41)
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.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
SolarEdge Technologies's Days Inventory for the
three
months ended in Sep. 2024 was 109.11.
Inventory Turnover measures how fast the company turns over its inventory within a year.
SolarEdge Technologies's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.84.
SolarEdge Technologies Inventory-to-Revenue Historical Data
The historical data trend for SolarEdge Technologies'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.
Competitive Comparison of SolarEdge Technologies's Inventory-to-Revenue
For the Solar subindustry, SolarEdge Technologies'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.
SolarEdge Technologies's Inventory-to-Revenue Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, SolarEdge Technologies's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where SolarEdge Technologies's Inventory-to-Revenue falls into.
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.
SolarEdge Technologies's Inventory-to-Revenue 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.
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.
SolarEdge Technologies's Days Inventory for the
three
months ended in Sep. 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.
SolarEdge Technologies Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of SolarEdge Technologies's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
SolarEdge Technologies designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations. The company system consists of power optimizers, inverters, and cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. The company sells its products directly to solar installers, engineering, procurement, and construction firms and indirectly to solar installers through distributors and electrical equipment wholesalers.
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