Fluence Energy (Fluence Energy) Days Inventory : 71.30 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Fluence Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fluence Energy's Average Total Inventories for the three months ended in Mar. 2024 was $437 Mil. Fluence Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was $559 Mil. Hence, Fluence Energy's Days Inventory for the three months ended in Mar. 2024 was 71.30.

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

FLNC' s Days Inventory Range Over the Past 10 Years
Min: 15.83 Med: 77.11 Max: 150.89
Current: 86.79

During the past 5 years, Fluence Energy's highest Days Inventory was 150.89. The lowest was 15.83. And the median was 77.11.

FLNC's Days Inventory is ranked worse than
77.81% of 329 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.14 vs FLNC: 86.79

Fluence Energy's Days Inventory declined from Mar. 2023 (126.26) to Mar. 2024 (71.30).

Inventory Turnover measures how fast the company turns over its inventory within a year. Fluence Energy's Inventory Turnover for the three months ended in Mar. 2024 was 1.28.

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. Fluence Energy's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.70.

Fluence Energy Days Inventory Historical Data

The historical data trend for Fluence 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.

Fluence Energy Days Inventory Chart

Fluence Energy Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Days Inventory

38.97

15.83

103.94

150.89

77.11

Fluence Energy Quarterly Data
	Sep19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial												126.26	113.21	56.46	109.95	71.30

Competitive Comparison of Fluence Energy's Days Inventory

For the Utilities - Renewable subindustry, Fluence 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.

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

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

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

Fluence Energy Days Inventory Calculation

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

Fluence Energy's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

	Days Inventory (A: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (652.735	+	224.903)	/	2 )	/	2077.023	*	365
=	438.819					/	2077.023	*	365
=	77.11

Fluence Energy's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (564.466	+	309.059)	/	2 )	/	558.961	*	365 / 4
=	436.7625					/	558.961	*	365 / 4
=	71.30

Fluence Energy (NAS:FLNC) 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.

Fluence Energy's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	558.961	/	436.7625
	=	1.28

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.

Fluence Energy's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	436.7625	/	623.141
	=	0.70

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.

Fluence Energy Days Inventory Related Terms

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

Fluence Energy (Fluence Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Fluence Energy Inc (NAS:FLNC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

4601 Fairfax Drive, Suite 600, Arlington, VA, USA, 22203

Website

https://www.fluenceenergy.com

Fluence Energy Inc is enabling the global clean energy transition with market-leading energy storage products and services, and digital applications for renewables and storage. Geographically, it derives a majority of its revenue from the Americas.

Executives

Siemens Pension Trust E V	10 percent owner	WITTELSBACHERPLATZ 2, MUNICH GERMANY 2M 80333
Investment Authority Qatar	director, 10 percent owner	P.O. BOX 23224, DOHA S3 QATAR
Michelle Philpot	officer: Chief Accounting Officer	KANA SOFTWARE, INC., 181 CONSTITUTION DR., MENLO PARK CA 94025
Peter Bennett Williams	officer: SVP & CSCMO	2225 W. CHANDLER BLVD., CHANDLER AZ 85224
Carolee Couch	officer: SVP & CSC and MC	C/O FLUENCE ENERGY, INC., 4601 FAIRFAX DRIVE, SUITE 600, ARLINGTON VA 22203
Rebecca Boll	officer: SVP AND Chief Product Officer	C/O FLUENCE ENERGY, INC., 4601 FAIRFAX DRIVE, SUITE 600, ARLINGTON VA 22203
Ricardo Manuel Falu	director	4300 WILSON BLVD, ARLINGTON VA 22203
Manavendra Sial	officer: SVP & Chief Financial Officer	77 RIO ROBLES, SAN JOSE CA 95134
Dennis Fehr	officer: SVP & Chief Financial Officer	C/O FLUENCE ENERGY, INC., 4601 FAIRFAX DRIVE, SUITE 600, ARLINGTON VA 22203
Krishna C Vanka	officer: SVP & Chief Digital Officer	C/O FLUENCE ENERGY, INC., 4601 FAIRFAX DRIVE, SUITE 600, ARLINGTON VA 22203
Julian Nebreda	director	4300 WILSON BLVD., ARLINGTON VA 22203
Tish Mendoza	director	4300 WILSON BOULEVARD, ARLINGTON VA 22203
Seyed Madaeni	officer: Senior VP and CD Officer	C/O FLUENCE ENERGY, INC., 4601 FAIRFAX DRIVE, SUITE 600, ARLINGTON VA 22203
Cynthia A Arnold	director	P O BOX 1461, MINNEAPOLIS MN 55440
Herman E Bulls	director	JONES LANG LASALLE, 1801 K STREET NW SUITE 1000, WASHINGTON DC 20006