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

Fluence Energy (Fluence Energy) Inventory Turnover : 1.28 (As of Mar. 2024)


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

What is Fluence Energy Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Fluence Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was $559 Mil. Fluence Energy's Average Total Inventories for the quarter that ended in Mar. 2024 was $437 Mil. Fluence Energy's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.28.

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 three months ended in Mar. 2024 was 71.30.

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 quarter that ended in Mar. 2024 was 0.70.


Fluence Energy Inventory Turnover Historical Data

The historical data trend for Fluence Energy's Inventory Turnover 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 Inventory Turnover Chart

Fluence Energy Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23
Inventory Turnover
9.37 23.06 3.51 2.42 4.73

Fluence Energy Quarterly Data
Sep19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.72 0.81 1.62 0.83 1.28

Fluence Energy Inventory Turnover Calculation

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

Inventory Turnover (A: Sep. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2023 ) / ((Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count )
=2077.023 / ((652.735 + 224.903) / 2 )
=2077.023 / 438.819
=4.73

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

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=558.961 / ((564.466 + 309.059) / 2 )
=558.961 / 436.7625
=1.28

* 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.


Fluence Energy  (NAS:FLNC) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. 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 three months ended in Mar. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=436.7625/558.961*365 / 4
=71.30

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 quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=436.7625 / 623.141
=0.70

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Fluence Energy Inventory Turnover Related Terms

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


Fluence Energy (Fluence Energy) Business Description

Traded in Other Exchanges
N/A
Address
4601 Fairfax Drive, Suite 600, Arlington, VA, USA, 22203
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