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Enphase Energy Inc   (ENPH)
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    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology
 

Enphase Energy Inc Inventory Turnover Ratio (COS)

Cost of Sales Formula, Quarterly Results, Trends, Rankings, Statistics

Due to inventory build up in the forth quarter 2023, Enphase Energy Inc 's inventory turnover ratio sequentially decreased to 7 in the fourth quarter 2023, unsurprisingly, as the Enphase Energy Inc markets continue to deteriorate, and ENPH's faces growing challenges to bring down its inventories. Enphase Energy Inc 's average inventory processing period in the Dec 31 2023 quarter, has increased to 52 days, from 39 days, in the Sep 30 2023 quarter.

Within Technology sector 37 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 47 in the third quarter 2023, to 83.

ENPH Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Enphase Energy Inc Market Share?

What is Inventory Turnover Ratio?


ENPH Inventory Turnover Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Inventory Growth 42.67 % 18.89 % 27.52 % 56.13 % 101.22 %
Y / Y Cost of Sales Growth -62.42 % -21.21 % 24.61 % 51.2 % 65.98 %
Inventory Turnover Ratio (TTM) 7 9.31 10.24 10.34 10.38
ENPH's Total Ranking # 83 # 47 # 166 # 284 # 384
Average inventory processing period 52 39 36 35 35
Seq. Inventory Growth 22.68 % 4.82 % 10.33 % 0.57 % 2.22 %
Seq. Cost of Sales Growth -46.17 % -25.47 % -2.97 % -3.46 % 12.86 %



Inventory Turnover Ratio Company Ranking
Within: No.
Semiconductors Industry # 5
Technology Sector # 38
Overall Market # 83

Inventory Turnover Ratio Statistics
High Average Low
16.91 11.03 5.83
(Dec 31 2019)   (Sep 30 2016)




Financial Statements
Enphase Energy Inc 's Inventories $ 214 Millions Visit ENPH's Balance sheet
Enphase Energy Inc 's Cost of Revenues TTM $ 1,232 Millions Visit ENPH's Income Statement
What are ENPH's Sales? Visit ENPH's Sales by Segment

Other Inventory Turnover Ratios
Enphase Energy Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Semiconductors Industry Inventory Turnover Trends and Statistics
Technology Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
ENPH's Inventory Turnover Ratio versus Semiconductors Industry, Technology Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for ENPH's Competitors
Inventory Turnover Ratio for ENPH's Suppliers
Inventory Turnover Ratio for ENPH's Customers

You may also want to know
ENPH's Sales Growth Rates ENPH's Pe Price to earnings ratio ENPH's Receivables Turnover Ratio ENPH's Stock Quote
ENPH's Net Income Growth Rates ENPH's Ps Price to Sales ratio ENPH's Sales per Employee ENPH's Asset Turnover Ratio
ENPH's Net Margin ENPH's Pb Price to Book ratio ENPH's Financial Strength Ratios ENPH's Dividend Payout Ratio



Companies with similar Inventory Turnover Ratio for the quarter ending Dec 31 2023, within Technology Sector Inventory Turnover Ratio Cost of revenues at quarter ending Dec 31 2023 Inventories at quarter ending Dec 31 2023
Roper Technologies Inc   15.78 $ 1,870.000  Millions$ 119  Millions
Where Food Comes From Inc   14.72 $ 14.131  Millions$ 1  Millions
Skywater Technology Inc   14.58 $ 227.390  Millions$ 16  Millions
Neogenomics Inc   14.22 $ 347.000  Millions$ 24  Millions
Applied Dna Sciences inc   14.15 $ 4.775  Millions$ 0  Millions
F5 Inc   13.62 $ 573.993  Millions$ 42  Millions
Franklin Wireless Corp   12.40 $ 40.528  Millions$ 3  Millions
Mix Telematics Limited  11.94 $ 56.055  Millions$ 5  Millions
Par Technology Corporation  11.88 $ 317.000  Millions$ 27  Millions
Creative Realities Inc   11.73 $ 22.000  Millions$ 2  Millions
Franklin Covey Co   11.70 $ 47.876  Millions$ 4  Millions
Amkor Technology Inc   11.26 $ 5,559.000  Millions$ 494  Millions
Netscout Systems Inc   11.05 $ 186.941  Millions$ 17  Millions
Transcat Inc  10.74 $ 171.714  Millions$ 16  Millions
Photronics Inc   10.56 $ 556.987  Millions$ 53  Millions
Iteris inc   9.68 $ 107.952  Millions$ 11  Millions
Csp inc  8.28 $ 41.480  Millions$ 5  Millions
Matterport Inc   7.79 $ 87.000  Millions$ 11  Millions
Pixelworks Inc  7.67 $ 33.968  Millions$ 4  Millions
Arlo Technologies Inc   7.54 $ 323.000  Millions$ 43  Millions
Enphase Energy Inc   7.00 $ 1,232.000  Millions$ 176  Millions
Broadcom Inc   6.79 $ 12,804.000  Millions$ 1,887  Millions
Netlist Inc  6.58 $ 66.000  Millions$ 10  Millions
Oblong Inc   6.22 $ 2.488  Millions$ 0  Millions
Cisco Systems Inc   5.99 $ 20,479.000  Millions$ 3,417  Millions
Rekor Systems Inc   5.89 $ 16.499  Millions$ 3  Millions
Hp inc   5.88 $ 41,488.000  Millions$ 7,052  Millions
Ribbon Communications inc   5.62 $ 418.000  Millions$ 74  Millions
Premier Inc   5.49 $ 431.227  Millions$ 78  Millions
Nortech Systems Incorporated  5.42 $ 116.000  Millions$ 21  Millions

Date modified: 2024-02-10T11:48:56+00:00



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