SolarEdge Technologies (SolarEdge Technologies) Change In Inventory : $-655 Mil (TTM As of Mar. 2024)

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What is SolarEdge Technologies Change In Inventory?

SolarEdge Technologies's change in inventory for the quarter that ended in Mar. 2024 was $-106 Mil. It means SolarEdge Technologies's inventory increased by $106 Mil from Dec. 2023 to Mar. 2024 .

SolarEdge Technologies's change in inventory for the fiscal year that ended in Dec. 2023 was $-691 Mil. It means SolarEdge Technologies's inventory increased by $691 Mil from Dec. 2022 to Dec. 2023 .

SolarEdge Technologies's Total Inventories for the quarter that ended in Mar. 2024 was $1,549 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SolarEdge Technologies's Days Inventory for the quarter that ended in Mar. 2024 was 592.13.

Inventory Turnover measures how fast the company turns over its inventory within a year. SolarEdge Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.15.

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. SolarEdge Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 7.32.

SolarEdge Technologies Change In Inventory Historical Data

The historical data trend for SolarEdge Technologies'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.

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SolarEdge Technologies Change In Inventory Chart

SolarEdge Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-22.54

-149.66

-43.05

-341.09

-690.85

SolarEdge Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-141.52	-104.67	-191.61	-253.05	-105.81

SolarEdge Technologies Change In Inventory Calculation

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 $-655 Mil.

SolarEdge Technologies (NAS:SEDG) Change In Inventory Explanation

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

SolarEdge Technologies's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1496.2855	/	230.586	*	365 / 4
	=	592.13

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

SolarEdge Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	230.586	/	1496.2855
	=	0.15

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.

SolarEdge Technologies's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1496.2855	/	204.399
	=	7.32

SolarEdge Technologies Change In Inventory Related Terms

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SolarEdge Technologies (SolarEdge Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SolarEdge Technologies Inc (NAS:SEDG) » Definitions » Change In Inventory

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Traded in Other Exchanges

SEDG:Mexico 2ED:Germany 2ED:Germany 2ED:Germany SEDG:Austria

Address

1 HaMada Street, Post Box 12001, Herziliya Pituach, ISR, 4673335

Website

https://www.solaredge.com

SolarEdge Technologies designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations. The company system consists of power optimizers, inverters, and cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. The company sells its products directly to solar installers, engineering, procurement, and construction firms and indirectly to solar installers through distributors and electrical equipment wholesalers. Additionally, the company has nonsolar products targeting energy storage and e-mobility.

Executives

Marcel Gani	director	142 ALMENDRAL AVE, ATHERTON CA 94027
More Avery	director	5930 ROYAL LANE SUITE E-120, DALLAS TX 75230
Ronen Faier	officer: Chief Financial Officer	MARVA 11, HERZLIA L3 46417
Dana Rebecca Gross	director	C/O PLAYTIKA LTD., HACHOSHLIM ST 8, HERZLIYA PITUARCH L3 4672408
Meir Adest	officer: VP, Core Technologies	1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Uri Bechor	officer: Chief Operating Officer	1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Zvi Lando	officer: Vice President, Global Sales	1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Rachel Prishkolnik	officer: VP, GC and Corporate Secretary	1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Dirk Hoke	director	251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Doron Inbar	director	C/O CARMEL VENTURES, 12 ABBA EBAN AVENUE, HERZELIYA L3 46725
Yoav Galin	officer: VP, Research and Development	1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Tal Payne	director	1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Betsy S Atkins	director
Jonathan Cheifetz	director	9 EIN YAKOV ST., TEL AVIV L3 65155
Lior Handelsman	officer: VP, Marktng and Prod Strategy	1 HAMADA STREET, HERZILIYA PITUACH L3 4673335