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Complete Solaria (Complete Solaria) Total Inventories : $2.77 Mil (As of Mar. 2024)


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What is Complete Solaria Total Inventories?

Complete Solaria's total inventories for the quarter that ended in Mar. 2024 was $2.77 Mil. Complete Solaria's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $2.92 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Complete Solaria's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-2.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Complete Solaria's Days Inventory for the three months ended in Mar. 2024 was 34.30.

Inventory Turnover measures how fast the company turns over its inventory within a year. Complete Solaria's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.66.

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. Complete Solaria's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.29.

Complete Solaria Total Inventories Historical Data

The historical data trend for Complete Solaria's Total Inventories 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.

Complete Solaria Total Inventories Chart

Complete Solaria Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Inventories
- 4.41 13.06 3.06

Complete Solaria Quarterly Data
Dec20 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Total Inventories Get a 7-Day Free Trial Premium Member Only 13.06 6.96 12.50 3.06 2.77

Complete Solaria Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Complete Solaria  (NAS:CSLR) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Complete Solaria's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.786+0.75 * 20.939+0.5 * 2.773-125.929
-0-0)/49.0965
=-2.18

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

Complete Solaria's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=2.9155/7.757*365 / 4
=34.30

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

Complete Solaria's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=7.757 / 2.9155
=2.66

4. 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.

Complete Solaria's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=2.9155 / 10.04
=0.29

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Complete Solaria Total Inventories Related Terms

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Complete Solaria (Complete Solaria) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Complete Solaria Inc (NAS:CSLR) » Definitions » Total Inventories
Comparable Companies
HYSR SPRU BEEM SPI SUNW PEGY NEWH SING ISUN VVPR FSLR SHSE:688223 ENPH SZSE:002459 SHSE:688599 SHSE:688472 HKSE:00968 SHSE:600732 SEDG HKSE:03800
Traded in Other Exchanges
N/A
Address
45700 Northport Loop East, Fremont, CA, USA, 94538
Website
https://www.completesolaria.com
Complete Solaria Inc is a solar company with unique technology and an end-to-end customer offering, which is expected to include financing, project fulfilment, and customer service, allowing it to sell more products across more markets and enable more options for customers wishing to make the switch to a more energy-efficient lifestyle.
Executives
David John Anderson director, officer: CMO; EVP Strategic Partnership C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Vikas Desai officer: President; GM Business Units C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Thurman J Rodgers director, 10 percent owner 535 EASTVIEW WAY, WOODSIDE CA 94062
William James Anderson director, officer: Chief Executive Officer C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Arnaud Lepert officer: Chief Operating Officer C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Devin Whatley director C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Brian Wuebbels officer: Chief Financial Officer C/O MEMC ELECTRONIC MATERIALS, INC., 501 PEARL DRIVE, ST. PETERS MO 63376
Ronald J Pasek director 101 INNOVATION DRIVE, SAN JOSE CA 95134
Antonio R Alvarez director 3901 N. FIRST ST., SAN JOSE CA 95134
Edward Qiang Zeng director 14 WALL STREET, 20TH FLOOR, NEW YORK NY 100005
Nell Cady-kruse director C/O VARAGON CAPITAL CORPORATION, 299 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10171
David Poritz director 14 WALL STREET, 20TH FLOOR, NEW YORK NY 10005
Adam Gishen officer: Chief Executive Officer 14 WALL STREET, 20TH FLOOR, NEW YORK NY 10005
Freedom Acquisition I Llc 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Tidjane Thiam director C/O TWENTY-FIRST CENTURY FOX, INC., NEW YORK NY 10036