OPAL Fuels (OPAL Fuels) Change In Inventory : $-2.0 Mil (TTM As of Mar. 2024)

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What is OPAL Fuels Change In Inventory?

OPAL Fuels's change in inventory for the quarter that ended in Mar. 2024 was $-1.1 Mil. It means OPAL Fuels's inventory increased by $1.1 Mil from Dec. 2023 to Mar. 2024 .

OPAL Fuels's change in inventory for the fiscal year that ended in Dec. 2023 was $-2.9 Mil. It means OPAL Fuels's inventory increased by $2.9 Mil from Dec. 2022 to Dec. 2023 .

OPAL Fuels's Total Inventories for the quarter that ended in Mar. 2024 was $11.1 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. OPAL Fuels's Days Inventory for the quarter that ended in Mar. 2024 was 20.13.

Inventory Turnover measures how fast the company turns over its inventory within a year. OPAL Fuels's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.53.

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. OPAL Fuels's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.16.

OPAL Fuels Change In Inventory Historical Data

The historical data trend for OPAL Fuels'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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OPAL Fuels Change In Inventory Chart

OPAL Fuels Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-0.51

-0.49

-0.74

-2.59

-2.91

OPAL Fuels Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial										-1.98	-0.95	-1.29	1.32	-1.12

OPAL Fuels 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 $-2.0 Mil.

OPAL Fuels (NAS:OPAL) Change In Inventory Explanation

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

OPAL Fuels's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	10.663	/	48.325	*	365 / 4
	=	20.13

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	48.325	/	10.663
	=	4.53

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	10.663	/	64.952
	=	0.16

OPAL Fuels Change In Inventory Related Terms

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OPAL Fuels (OPAL Fuels) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » OPAL Fuels Inc (NAS:OPAL) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

One North Lexington Avenue, Suite 1450, White Plains, NY, USA, 10601

Website

https://www.opalfuels.com

OPAL Fuels Inc is a fully integrated, nationwide leader in the production and distribution of low-carbon intensity renewable natural gas. The company's vertical waste-to-energy model combines the upstream production and downstream marketing and distribution of RNG, delivering a scalable, low-cost solution to decarbonize heavy-duty transportation and other industrial markets.