ChargePoint Holdings (STU:7U6) Inventory Turnover : 0.40 (As of Apr. 2024)

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What is ChargePoint Holdings Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. ChargePoint Holdings's Cost of Goods Sold for the three months ended in Apr. 2024 was €77.8 Mil. ChargePoint Holdings's Average Total Inventories for the quarter that ended in Apr. 2024 was €195.3 Mil. ChargePoint Holdings's Inventory Turnover for the quarter that ended in Apr. 2024 was 0.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ChargePoint Holdings's Days Inventory for the three months ended in Apr. 2024 was 229.22.

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. ChargePoint Holdings's Inventory-to-Revenue for the quarter that ended in Apr. 2024 was 1.96.

ChargePoint Holdings Inventory Turnover Historical Data

The historical data trend for ChargePoint Holdings's Inventory Turnover 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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ChargePoint Holdings Inventory Turnover Chart

ChargePoint Holdings Annual Data

Trend

Jan20

Jan21

Jan22

Jan23

Jan24

Inventory Turnover

3.38

5.59

7.43

3.56

ChargePoint Holdings Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Inventory Turnover	Get a 7-Day Free Trial													1.07	1.15	0.80	0.46	0.40

ChargePoint Holdings Inventory Turnover Calculation

ChargePoint Holdings's Inventory Turnover for the fiscal year that ended in Jan. 2024 is calculated as

	Inventory Turnover (A: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jan. 2024 )	/ (	(Total Inventories (A: Jan. 2023 )	+	Total Inventories (A: Jan. 2024 ))	/	count )
=	437.447	/ (	(63.781	+	182.296)	/	2 )
=	437.447	/	123.0385
=	3.56

ChargePoint Holdings's Inventory Turnover for the quarter that ended in Apr. 2024 is calculated as

	Inventory Turnover (Q: Apr. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Apr. 2024 )	/ (	(Total Inventories (Q: Jan. 2024 )	+	Total Inventories (Q: Apr. 2024 ))	/	count )
=	77.758	/ (	(182.296	+	208.355)	/	2 )
=	77.758	/	195.3255
=	0.40

ChargePoint Holdings (STU:7U6) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

ChargePoint Holdings's Days Inventory for the three months ended in Apr. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Apr. 2024 )	/	Cost of Goods Sold (Q: Apr. 2024 )	*	Days in Period
	=	195.3255	/	77.758	*	365 / 4
	=	229.22

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.

ChargePoint Holdings's Inventory to Revenue for the quarter that ended in Apr. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Apr. 2024 )	/	Revenue (Q: Apr. 2024 )
	=	195.3255	/	99.763
	=	1.96

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

ChargePoint Holdings Inventory Turnover Related Terms

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ChargePoint Holdings (STU:7U6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » ChargePoint Holdings Inc (STU:7U6) » Definitions » Inventory Turnover

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Traded in Other Exchanges

CHPT:USA

Address

240 East Hacienda Avenue, Campbell, CA, USA, 95008

Website

https://investors.chargepoint.com

ChargePoint designs, develops, and markets networked electric vehicle charging system infrastructure and cloud-based services that enable consumers to locate, reserve, and authenticate EV charging. The company's hardware product lineup includes solutions across home, commercial, and fast-charging applications. ChargePoint derives the majority of its revenue from the United States.

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