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Complete Solaria (Complete Solaria) Days Inventory : 39.36 (As of Dec. 2023)


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What is Complete Solaria Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Complete Solaria's Average Total Inventories for the three months ended in Dec. 2023 was $7.78 Mil. Complete Solaria's Cost of Goods Sold for the three months ended in Dec. 2023 was $18.04 Mil. Hence, Complete Solaria's Days Inventory for the three months ended in Dec. 2023 was 39.36.

The historical rank and industry rank for Complete Solaria's Days Inventory or its related term are showing as below:

CSLR' s Days Inventory Range Over the Past 10 Years
Min: 40.11   Med: 42.12   Max: 68.34
Current: 46.57

During the past 4 years, Complete Solaria's highest Days Inventory was 68.34. The lowest was 40.11. And the median was 42.12.

CSLR's Days Inventory is ranked better than
85.35% of 942 companies
in the Semiconductors industry
Industry Median: 130.435 vs CSLR: 46.57

Complete Solaria's Days Inventory increased from Sep. 2022 (0.00) to Dec. 2023 (39.36). It might indicate that Complete Solaria's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Complete Solaria's Inventory Turnover for the three months ended in Dec. 2023 was 2.32.

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. Complete Solaria's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.38.

Complete Solaria Days Inventory Historical Data

The historical data trend for Complete Solaria'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.

Complete Solaria Days Inventory Chart

Complete Solaria Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
- 40.11 68.34 42.12

Complete Solaria Quarterly Data
Dec20 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial - 92.70 27.42 48.37 39.36

Competitive Comparison of Complete Solaria's Days Inventory

For the Solar subindustry, Complete Solaria'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.

Complete Solaria's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Complete Solaria's Days Inventory distribution charts can be found below:

* The bar in red indicates where Complete Solaria's Days Inventory falls into.


Complete Solaria Days Inventory Calculation

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

Complete Solaria'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
=( (13.059 + 3.058) / 2 ) / 69.828*365
=8.0585 / 69.828*365
=42.12

Complete Solaria'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (12.503 + 3.058) / 2 ) / 18.04*365 / 4
=7.7805 / 18.04*365 / 4
=39.36

* 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.

Complete Solaria  (NAS:CSLR) 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.

Complete Solaria's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=18.04 / 7.7805
=2.32

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.

Complete Solaria's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=7.7805 / 20.729
=0.38

* 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.

Complete Solaria Days Inventory Related Terms

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

Complete Solaria (Complete Solaria) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Complete Solaria Inc (NAS:CSLR) » Definitions » Days Inventory
Comparable Companies
HYSR SPRU BEEM SPI SUNW PEGY NEWH SING ISUN VVPR FSLR SHSE:688223 ENPH SZSE:002459 SHSE:688599 SHSE:688472 HKSE:00968 SHSE:600732 SEDG HKSE:03800
Traded in Other Exchanges
N/A
Address
45700 Northport Loop East, Fremont, CA, USA, 94538
Website
https://www.completesolaria.com
Complete Solaria Inc is a solar company with unique technology and an end-to-end customer offering, which is expected to include financing, project fulfilment, and customer service, allowing it to sell more products across more markets and enable more options for customers wishing to make the switch to a more energy-efficient lifestyle.
Executives
David John Anderson director, officer: CMO; EVP Strategic Partnership C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Vikas Desai officer: President; GM Business Units C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Thurman J Rodgers director, 10 percent owner 535 EASTVIEW WAY, WOODSIDE CA 94062
William James Anderson director, officer: Chief Executive Officer C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Arnaud Lepert officer: Chief Operating Officer C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Devin Whatley director C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Brian Wuebbels officer: Chief Financial Officer C/O MEMC ELECTRONIC MATERIALS, INC., 501 PEARL DRIVE, ST. PETERS MO 63376
Ronald J Pasek director 101 INNOVATION DRIVE, SAN JOSE CA 95134
Antonio R Alvarez director 3901 N. FIRST ST., SAN JOSE CA 95134
Edward Qiang Zeng director 14 WALL STREET, 20TH FLOOR, NEW YORK NY 100005
Nell Cady-kruse director C/O VARAGON CAPITAL CORPORATION, 299 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10171
David Poritz director 14 WALL STREET, 20TH FLOOR, NEW YORK NY 10005
Adam Gishen officer: Chief Executive Officer 14 WALL STREET, 20TH FLOOR, NEW YORK NY 10005
Freedom Acquisition I Llc 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Tidjane Thiam director C/O TWENTY-FIRST CENTURY FOX, INC., NEW YORK NY 10036