Solaer Reneable Energies (XTAE:SOLR) Inventory Turnover : 0.00 (As of Dec. 2024)

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What is Solaer Reneable Energies Inventory Turnover?

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. Solaer Reneable Energies's Cost of Goods Sold for the three months ended in Dec. 2024 was ₪0.0 Mil. Solaer Reneable Energies's Average Total Inventories for the quarter that ended in Dec. 2024 was ₪0.0 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. Solaer Reneable Energies's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.00.

Solaer Reneable Energies Inventory Turnover Historical Data

The historical data trend for Solaer Reneable Energies'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.

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Solaer Reneable Energies Inventory Turnover Chart

Solaer Reneable Energies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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Solaer Reneable Energies Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial												-	-	-	-	-

Solaer Reneable Energies Inventory Turnover Calculation

Solaer Reneable Energies's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	73.607	/ (	(0	+	0)	/	1 )
=	73.607	/	0
=	N/A

Solaer Reneable Energies's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Solaer Reneable Energies (XTAE:SOLR) 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.

Solaer Reneable Energies's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	0	/	0	*	365 / 4
	=

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.

Solaer Reneable Energies's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	0	/	43.514
	=	0.00

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.

Solaer Reneable Energies Inventory Turnover Related Terms

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Solaer Reneable Energies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Solaer Reneable Energies Ltd (XTAE:SOLR) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Eli Horowitz 27, Rehovot, ISR, 7608803

Website

https://www.solaer.co.il

Solaer Reneable Energies Ltd is engaged in the initiation, construction and operation of solar systems in Israel and Spain.