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CSI Solar Co (SHSE:688472) Change In Inventory : ¥115 Mil (TTM As of Mar. 2024)


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What is CSI Solar Co Change In Inventory?

CSI Solar Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means CSI Solar Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

CSI Solar Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥542 Mil. It means CSI Solar Co's inventory declined by ¥542 Mil from Dec. 2022 to Dec. 2023 .

CSI Solar Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥9,782 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CSI Solar Co's Days Inventory for the quarter that ended in Mar. 2024 was 101.62.

Inventory Turnover measures how fast the company turns over its inventory within a year. CSI Solar Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.90.

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. CSI Solar Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.92.


CSI Solar Co Change In Inventory Historical Data

The historical data trend for CSI Solar Co'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.

* Premium members only.

CSI Solar Co Change In Inventory Chart

CSI Solar Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,568.58 2,031.89 -3,046.69 -2,516.11 541.83

CSI Solar Co Quarterly Data
Mar17 Jun17 Sep17 Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In 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 -990.96 114.54 - - -

CSI Solar Co 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 ¥115 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.


CSI Solar Co  (SHSE:688472) Change In Inventory Explanation

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

CSI Solar Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=8790.625/7893.641*365 / 4
=101.62

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

CSI Solar Co's Inventory Turnover for the quarter that ended in Mar. 2024 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.

CSI Solar Co'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.


CSI Solar Co Change In Inventory Related Terms

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CSI Solar Co (SHSE:688472) Business Description

Traded in Other Exchanges
N/A
Address
No. 199 Lushan Road, Suzhou High-tech Zone, Jiangsu Province, Suzhou, CHN, 215129
CSI Solar Co Ltd research & development, production and sales of crystalline silicon photovoltaic modules. Its products include Modules, inverters, system kits, and energy storage.

CSI Solar Co (SHSE:688472) Headlines

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