GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » iSun Inc (NAS:ISUN) » Definitions » Total Inventories

iSun (ISUN) Total Inventories : $1.49 Mil (As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is iSun Total Inventories?

iSun's total inventories for the quarter that ended in Dec. 2023 was $1.49 Mil. iSun's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $1.53 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. iSun's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.84.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. iSun's Days Inventory for the three months ended in Dec. 2023 was 6.24.

Inventory Turnover measures how fast the company turns over its inventory within a year. iSun's Inventory Turnover for the quarter that ended in Dec. 2023 was 14.63.

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. iSun's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.06.


iSun Total Inventories Historical Data

The historical data trend for iSun'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.

iSun Total Inventories Chart

iSun Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.48 2.54 1.49

iSun Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.54 2.75 2.12 1.57 1.49

iSun 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.


iSun  (NAS:ISUN) 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.

iSun's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.463+0.75 * 12.987+0.5 * 1.494-53.581
-0-0)/47.3175
=-0.84

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

iSun's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=1.5315/22.407*365 / 4
=6.24

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

iSun's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=22.407 / 1.5315
=14.63

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.

iSun's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=1.5315 / 25.409
=0.06

* 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.


iSun Total Inventories Related Terms

Thank you for viewing the detailed overview of iSun's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


iSun (ISUN) Business Description

Traded in Other Exchanges
Address
400 Avenue D, Suite 10, Williston, VT, USA, 05495
iSun Inc is a solar energy services and infrastructure deployment company. Its service provides services include solar, storage, and electric vehicle infrastructure, design, development and professional services, engineering, procurement, installation, O&M, and storage. It operates in all solar markets including residential, commercial, industrial, and utility segments.
Executives
Claudia Michel Meer director 5425 WICKFORD DRIVE, NORTH BETHESDA MD 20852
Frederick Jr Myrick director, 10 percent owner, officer: Executive Vice President 1 HICKORY LANE, ESSEX JUNCTION VT 05452
Jeffrey Peck director, 10 percent owner, officer: Chief Executive Officer 618 BRENNAN WOODS DRIVE, WILLISTON VT 05495
John Patrick Sullivan officer: Chief Financial Officer 97 OVERLAKE PARK, BURLINGTON VT 05401
Michael Paul D'amato officer: Chief Strategy Officer 208 MIDWOOD STREET, BROOKLYN NY 11225
Daniel Reid Dus officer: President of iSun Industrial 850 SUMMER ST, M9, LEE MA 01238
Andrew Christian Matthy director 400 AVENUE D, WILLISTON VT 05495
Merritt Harold Kenneth Jr. officer: Secretary C/O ISUN, INC., 400 AVE D, SUITE 10, WILLISTON VT 05495
Sass Peress officer: Chief Innovation Officer 7501 MOUNTAIN SIGHTS, APT 505, MONTREAL A8 H4P0A8
Mats Wennberg 10 percent owner 240 S PINEAPPLE AVE, STE 701, SARASOTA FL 34236
Joseph A Bobier other: Member of group that owns 10% 240 S PINEAPPLE AVE, STE 701, SARASOTA FL 34236
Roger G Branton 10 percent owner 240 S PINEAPPLE AVE, STE 701, SARASOTA FL 34236
Richard L Mooers 10 percent owner 240 S PINEAPPLE AVE, STE 701, SARASOTA FL 34236
Douglas Rose director 802 HITCHING POST RD, VISTA CA 92081
Stewart I. Martin director 598 SW 16TH STREET, BOCA RATON FL 33432

iSun (ISUN) Headlines

From GuruFocus

iSun Inc. Settles Pending Litigation

By Business Wire Business Wire 01-20-2023

iSun Named a 2023 Top Solar Contractor

By Business Wire 07-28-2023

iSun Inc. Wins Three New Solar Contracts Valued at $9.7 Million

By Business Wire Business Wire 01-12-2023

iSun Inc. Announces Adjournment of 2023 Special Meeting of Stockholders

By Business Wire Business Wire 01-25-2023

iSun Inc. Wins Five New Solar Projects Valued at $5.1 Million in Vermont

By Business Wire Business Wire 03-28-2023

iSun Inc. Wins New Solar Portfolio in Maine

By Business Wire Business Wire 01-24-2023