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SPI Energy Co (FRA:7XSP) Days Inventory : 64.86 (As of Sep. 2023)


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What is SPI Energy Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SPI Energy Co's Average Total Inventories for the three months ended in Sep. 2023 was €32.3 Mil. SPI Energy Co's Cost of Goods Sold for the three months ended in Sep. 2023 was €45.4 Mil. Hence, SPI Energy Co's Days Inventory for the three months ended in Sep. 2023 was 64.86.

The historical rank and industry rank for SPI Energy Co's Days Inventory or its related term are showing as below:

FRA:7XSP' s Days Inventory Range Over the Past 10 Years
Min: 6.6   Med: 46.28   Max: 70.33
Current: 62.4

During the past 13 years, SPI Energy Co's highest Days Inventory was 70.33. The lowest was 6.60. And the median was 46.28.

FRA:7XSP's Days Inventory is ranked better than
78.9% of 943 companies
in the Semiconductors industry
Industry Median: 130.22 vs FRA:7XSP: 62.40

SPI Energy Co's Days Inventory increased from Sep. 2022 (48.61) to Sep. 2023 (64.86). It might indicate that SPI Energy Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. SPI Energy Co's Inventory Turnover for the three months ended in Sep. 2023 was 1.41.

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. SPI Energy Co's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.62.


SPI Energy Co Days Inventory Historical Data

The historical data trend for SPI Energy Co's Days Inventory 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.

SPI Energy Co Days Inventory Chart

SPI Energy Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.24 51.13 48.48 47.35 56.84

SPI Energy Co Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Inventory 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 48.61 66.40 65.81 58.75 64.86

Competitive Comparison of SPI Energy Co's Days Inventory

For the Solar subindustry, SPI Energy Co's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SPI Energy Co's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SPI Energy Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where SPI Energy Co's Days Inventory falls into.



SPI Energy Co Days Inventory Calculation

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

SPI Energy Co's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (20.569 + 27.364) / 2 ) / 153.903*365
=23.9665 / 153.903*365
=56.84

SPI Energy Co's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (32.571 + 31.988) / 2 ) / 45.41*365 / 4
=32.2795 / 45.41*365 / 4
=64.86

* 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.


SPI Energy Co  (FRA:7XSP) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

SPI Energy Co's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

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.

SPI Energy Co's Inventory to Revenue for the three months ended in Sep. 2023 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


SPI Energy Co Days Inventory Related Terms

Thank you for viewing the detailed overview of SPI Energy Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


SPI Energy Co (FRA:7XSP) Business Description

Traded in Other Exchanges
Address
4803 Urbani Avenue, McClellan Park, Sacramento, CA, USA, 95652
SPI Energy Co Ltd offers photovoltaic solutions for business, residential, government, and utility customers and investors. The company provides a range of engineering, procurement, and construction services to third-party project developers. It is also engaged in the development, manufacture, and marketing of various PV modules. It procures PV modules and other equipment for project construction from independent suppliers and contract work to third-party EPC contractors in areas such as logistics, installation, construction, and supervision. The company's geographical segments are the United Kingdom, Australia, United States, Greece, Japan, and Italy, of which the majority of its revenue comes from Australia.

SPI Energy Co (FRA:7XSP) Headlines

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