SLRD (Solar Roadways) Inventory Turnover: 0.00 (As of . 20)


SLRD Solar Roadways Inc SLRD
18 GF Score
Price $1.50
View Full Analysis

What is Solar Roadways Inventory Turnover?

Solar Roadways SLRD 18 Inventory Turnover is 0.00 as of . 20. GuruFocus rates SLRD with a GF Score™ of 18/100.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Solar Roadways's Cost of Goods Sold for the six months ended in . 20 was $0.00 Mil. Solar Roadways's Average Total Inventories for the quarter that ended in . 20 was $0.00 Mil.

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

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 Roadways  (OTCPK:SLRD) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Solar Roadways's Days Inventory for the six months ended in . 20 is calculated as:

Days Inventory =Average Total Inventories (Q: . 20 )/Cost of Goods Sold (Q: . 20 )*Days in Period
=0/*365 / 2
=

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 Roadways's Inventory to Revenue for the quarter that ended in . 20 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: . 20 ) / Revenue (Q: . 20 )
=0 /
=

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Solar Roadways Inventory Turnover Related Terms


Solar Roadways Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Solar Roadways's Inventory Turnover 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 Roadways Inventory Turnover Chart

Solar Roadways Annual Data
Trend
Inventory Turnover

Solar Roadways Semi-Annual Data
Inventory Turnover
SLRD
18GF Score
Solar Roadways Inc SLRD
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solar Roadways Inventory Turnover Calculation

Solar Roadways's Inventory Turnover for the fiscal year that ended in . 20 is calculated as

Inventory Turnover (A: . 20 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: . 20 ) / ((Total Inventories (A: . 20 ) + Total Inventories (A: . 20 )) / count )
= / (( + ) / 1 )
= / 0
=N/A

Solar Roadways's Inventory Turnover for the quarter that ended in . 20 is calculated as

Inventory Turnover (Q: . 20 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: . 20 ) / ((Total Inventories (Q: . 20 ) + Total Inventories (Q: . 20 )) / count )
= / (( + ) / 1 )
= / 0
=N/A

* 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 Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
Solar Roadways (SLRD) has a Inventory Turnover of 0.00 as of . 20. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Solar Roadways and its competitors.
Is Solar Roadways' Inventory Turnover too high?
Solar Roadways' current Inventory Turnover is 0.00. Overall, Solar Roadways has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Solar Roadways' Inventory Turnover compare to ?
Solar Roadways' Inventory Turnover of 0.00 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Construction company?
A good Inventory Turnover depends on the Construction industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Solar Roadways and its competitors. Solar Roadways's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Roadways stock overvalued right now?
Solar Roadways (SLRD) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Solar Roadways' overall GF Score™ is 18/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Solar Roadways (SLRD), the current Inventory Turnover is 0.00 as of . 20. 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 Roadways Business Description

Comparable Companies
Address 721 Pine Street, Sandpoint, ID, USA, 83864
Solar Roadways Inc operates to generate clean renewable energy on roadways and any other surface that can be walked or driven upon. Its service includes parking lots, sidewalks, driveways, tarmacs, plazas, bike paths, playgrounds, garden paths, pool surrounds, and courtyards.
18GF Score

Get the complete analysis for SLRD

Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.50
Price