New Fortress Energy's change in inventory for the quarter that ended in Mar. 2024 was $-86 Mil. It means New Fortress Energy's inventory
increased by $86 Mil
from Dec. 2023 to Mar. 2024 .
New Fortress Energy's change in inventory for the fiscal year that ended in Dec. 2023 was $-40 Mil. It means New Fortress Energy's inventory
increased by $40 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.
New Fortress Energy's Days Inventory for the quarter that ended in Mar. 2024 was 44.76.
Inventory Turnover measures how fast the company turns over its inventory within a year.
New Fortress Energy's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.04.
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.
New Fortress Energy's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.22.
New Fortress Energy Change In Inventory Historical Data
The historical data trend for New Fortress 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.
New Fortress Energy 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 $-123 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.
New Fortress Energy (NAS:NFE) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
New Fortress 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.
New Fortress 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.
New Fortress Energy Change In Inventory Related Terms
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New Fortress Energy (New Fortress Energy) Business Description
New Fortress Energy is an integrated gas-to-power company. Its business model spans the entire production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, terminals, and conversion or development of a natural gas-fired generation. It has invested in floating, liquefied natural gas vessels to both lower the cost of acquiring gas while securing a long-term supply for its terminals. Its segments include terminals and infrastructure, or T&I, and ships.
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