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Alternus Clean Energy (Alternus Clean Energy) Days Inventory : 0.00 (As of Dec. 2023)


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What is Alternus Clean Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alternus Clean Energy's Average Total Inventories for the six months ended in Dec. 2023 was $0.00 Mil. Alternus Clean Energy's Cost of Goods Sold for the six months ended in Dec. 2023 was $4.47 Mil. Hence, Alternus Clean Energy's Days Inventory for the six months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Alternus Clean Energy's Days Inventory or its related term are showing as below:

ALCE's Days Inventory is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 30.765
* Ranked among companies with meaningful Days Inventory only.

Alternus Clean Energy's Days Inventory stayed the same from Dec. 2021 (0.00) to Dec. 2023 (0.00).

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

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. Alternus Clean Energy's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

Alternus Clean Energy Days Inventory Historical Data

The historical data trend for Alternus Clean Energy's Days 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.

Alternus Clean Energy Days Inventory Chart

Alternus Clean Energy Annual Data
Trend Dec21 Dec22 Dec23
Days Inventory
- - -

Alternus Clean Energy Semi-Annual Data
Dec21 Dec22 Dec23
Days Inventory - - -

Competitive Comparison of Alternus Clean Energy's Days Inventory

For the Utilities - Renewable subindustry, Alternus Clean Energy's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Alternus Clean Energy's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Alternus Clean Energy's Days Inventory distribution charts can be found below:

* The bar in red indicates where Alternus Clean Energy's Days Inventory falls into.


Alternus Clean Energy Days Inventory Calculation

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

Alternus Clean Energy's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 4.468*365
=0 / 4.468*365
=0.00

Alternus Clean Energy's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 4.468*365 / 2
=0 / 4.468*365 / 2
=0.00

* 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.

Alternus Clean Energy  (NAS:ALCE) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Alternus Clean Energy's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=4.468 / 0
=

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.

Alternus Clean Energy's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 / 20.084
=0.00

* 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.

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Alternus Clean Energy Days Inventory Related Terms

Thank you for viewing the detailed overview of Alternus Clean Energy's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Alternus Clean Energy (Alternus Clean Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Alternus Clean Energy Inc (NAS:ALCE) » Definitions » Days Inventory
Comparable Companies
Traded in Other Exchanges
N/A
Address
Blanchardstown Corporate Park 2, Suite 9 & 10 Plaza 212, Dublin, IRL, D15 R504
Website
https://www.alternusenergy.com
Alternus Clean Energy Inc is an international independent clean energy producer. It develops, installs, owns and operates a diverse portfolio of utility-scale solar photovoltaic power stations (PV parks) in Europe and in the USA as a long-term owner. The solar parks benefit from long-term government offtake contracts and/or Power Purchase Agreements (PPAs) with investment grade off-takers, plus energy sales to local power grids.

Alternus Clean Energy (Alternus Clean Energy) Headlines

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