Genie Energy's change in inventory for the quarter that ended in Mar. 2024 was $-2.2 Mil. It means Genie Energy's inventory
increased by $2.2 Mil
from Dec. 2023 to Mar. 2024 .
Genie Energy's change in inventory for the fiscal year that ended in Dec. 2023 was $-8.7 Mil. It means Genie Energy's inventory
increased by $8.7 Mil
from Dec. 2022 to Dec. 2023 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Genie Energy's Days Inventory for the quarter that ended in Mar. 2024 was 17.56.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Genie Energy's Inventory Turnover for the quarter that ended in Mar. 2024 was 5.20.
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.
Genie Energy's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.14.
Genie Energy Change In Inventory Historical Data
The historical data trend for Genie Energy's Change In 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.
Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.
Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.3 Mil.
* 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.
Genie Energy (NYSE:GNE) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Genie Energy's Days Inventory for the quarter that ended in is calculated as:
3. 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.
Genie Energy's Inventory to Revenue for the quarter that 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.
Genie Energy Change In Inventory Related Terms
Thank you for viewing the detailed overview of Genie Energy's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Genie Energy, through its subsidiaries, operates primarily as a global retail energy provider. It operates two reportable business segments: Genie retail energy, or GRE, and Genie renewables. The Genie retail energy segment resells energy to residential and commercial consumers in the Eastern and Midwestern United States through its portfolio of various retail energy providers. The Genie renewables segment holds controlling interests in various companies engaged in the manufacturing of solar panels, solar installation design, and solar energy project management.
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