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Pineapple Energy (Pineapple Energy) Days Inventory : 35.24 (As of Mar. 2024)


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What is Pineapple Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Pineapple Energy's Average Total Inventories for the three months ended in Mar. 2024 was $3.25 Mil. Pineapple Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was $8.41 Mil. Hence, Pineapple Energy's Days Inventory for the three months ended in Mar. 2024 was 35.24.

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

PEGY' s Days Inventory Range Over the Past 10 Years
Min: 33.75   Med: 71.77   Max: 109.69
Current: 33.75

During the past 4 years, Pineapple Energy's highest Days Inventory was 109.69. The lowest was 33.75. And the median was 71.77.

PEGY's Days Inventory is ranked better than
90.99% of 943 companies
in the Semiconductors industry
Industry Median: 130.22 vs PEGY: 33.75

Pineapple Energy's Days Inventory declined from Mar. 2023 (38.08) to Mar. 2024 (35.24).

Inventory Turnover measures how fast the company turns over its inventory within a year. Pineapple Energy's Inventory Turnover for the three months ended in Mar. 2024 was 2.59.

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. Pineapple Energy's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.25.


Pineapple Energy Days Inventory Historical Data

The historical data trend for Pineapple Energy'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.

Pineapple Energy Days Inventory Chart

Pineapple Energy Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
- - 109.69 33.85

Pineapple Energy Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.08 36.91 37.37 26.89 35.24

Competitive Comparison of Pineapple Energy's Days Inventory

For the Solar subindustry, Pineapple Energy'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.


Pineapple Energy's Days Inventory Distribution in the Semiconductors Industry

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

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



Pineapple Energy Days Inventory Calculation

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

Pineapple Energy's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (6.054 + 3.579) / 2 ) / 51.937*365
=4.8165 / 51.937*365
=33.85

Pineapple Energy's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (3.579 + 2.92) / 2 ) / 8.414*365 / 4
=3.2495 / 8.414*365 / 4
=35.24

* 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.


Pineapple Energy  (NAS:PEGY) 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.

Pineapple Energy's Inventory Turnover for the three months ended in Mar. 2024 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.

Pineapple Energy's Inventory to Revenue for the three months ended in Mar. 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

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.


Pineapple Energy Days Inventory Related Terms

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


Pineapple Energy (Pineapple Energy) Business Description

Traded in Other Exchanges
Address
10900 Red Circle Drive, Minnetonka, MN, USA, 55343
Pineapple Energy Inc provides households with sustainable solar energy, back-up power and security, control and predictability, and cost savings. It provides a full range of installation services, including the design, engineering, procurement, permitting, construction, grid connection, warranty, monitoring and maintenance of residential solar energy systems. The company also offers battery storage to customers in select markets and serves a limited number of enterprise customers.
Executives
Northern Pacific Growth Investment Advisors, Llc 10 percent owner 315 EAST LAKE STREET, SUITE 301, WAYZATA MN 55391
Scott Maskin director 40 GRASSMERE AVENUE, OAKDALE NY 11769
Eric Ingvaldson officer: CHIEF FINANCIAL OFFICER 10900 RED CIRCLE DRIVE, MINNETONKA MN 55343
Michael R. Zapata director 2765 NW NICOLAI STREET, PORTLAND OR 97210
Roger Hd Lacey director 10900 RED CIRCLE DRIVE, MINNETONKA MN 55343
Scott Honour director 10877 WILSHIRE BOULEVARD, 18TH FLOOR, LOS ANGELES CA 90024
Kyle Udseth director, officer: CHIEF EXECUTIVE OFFICER NORTHERN PACIFIC GROUP, 315 EAST LAKE STREET, SUITE 301, WAYZATA MN 55391
Tom Holland director 315 LAKE STREET EAST, SUITE 301, WAYZATA MN 55391
Marilyn S. Adler director 315 LAKE STREET EAST, SUITE 301, WAYZATA MN 55391
Mike Siegler officer: Senior Vice President 10900 RED CIRCLE DR., MINNETONKA MN 55343
Anita Kumar director, officer: President/CEO 10900 RED CIRCLE DRIVE, MINNETONKA MN 55343
Steven Webster director 4901 ARDEN AVE., EDINA MN 55424
Richard A Primuth director
Scott Fluegge officer: VP 12946 66TH ST N, WEST PALM BEACH FL 33412
Scott Gregory Otis officer: VP 18535 SCHROERS FARM ROAD, EDEN PRAIRIE MN 55347