Sunnova Energy International's total inventories for the quarter that ended in Dec. 2024 was $126.7 Mil. Sunnova Energy International's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $131.7 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sunnova Energy International's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-89.67.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Sunnova Energy International's Days Inventory for the
three
months ended in Dec. 2024 was 96.27.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Sunnova Energy International's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.95.
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.
Sunnova Energy International's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.59.
Sunnova Energy International (OTCPK:NOVAQ) 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.
Sunnova Energy International's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is
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.
Sunnova Energy International's Inventory to Revenue for the quarter that ended in Dec. 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.
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.
Sunnova Energy International Total Inventories Related Terms
Sunnova Energy International Total Inventories Historical Data
* 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.
Sunnova Energy International Total Inventories Chart
Sunnova Energy International 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.
Sunnova Energy International (NOVAQ) has a Total Inventories of $126.7 Mil as of Dec. 2024. The total amount of inventory as recorded on a company's balance sheet. View historical data for Sunnova Energy International and its competitors.
Is Sunnova Energy International's Total Inventories too high?
Sunnova Energy International's current Total Inventories is $126.7 Mil.
How does Sunnova Energy International's Total Inventories compare to VSTTF and SING?
Sunnova Energy International's Total Inventories of $126.7 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Semiconductors company?
A good Total Inventories depends on the Semiconductors industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Sunnova Energy International and its competitors. Sunnova Energy International's current Total Inventories is $126.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunnova Energy International stock overvalued right now?
Sunnova Energy International (NOVAQ) has a current Total Inventories of $126.7 Mil. The current Total Inventories is $126.7 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Sunnova Energy International (NOVAQ), the current Total Inventories is $126.7 Mil as of Dec. 2024. 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.
Sunnova Energy International Inc is a residential solar energy products and services provider company. It offers services such as operations and maintenance, monitoring, repairs and replacements, equipment upgrades, and onsite power optimization. The products and services offered by the group include Add-on battery storage, Home solar protection plans, New solar battery storage, and various other solar systems. It operates in a single reportable segment: solar energy products and services.
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