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Solaredge Technologies Inc   (SEDG)
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    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology
 

Solaredge Technologies Inc Inventory Turnover Ratio (COS)

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

Due to inventory build up in the forth quarter 2023, Solaredge Technologies Inc 's inventory turnover ratio sequentially decreased to 2.03 in the fourth quarter 2023, unsurprisingly, as the Solaredge Technologies Inc markets continue to deteriorate, and SEDG's faces growing challenges to bring down its inventories. Solaredge Technologies Inc 's average inventory processing period in the Dec 31 2023 quarter, has increased to 180 days, from 136 days, in the Sep 30 2023 quarter.

Within Technology sector 143 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 593 in the third quarter 2023, to 629.

SEDG Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Solaredge Technologies Inc Market Share?

What is Inventory Turnover Ratio?


SEDG 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 97.95 % 109.82 % 109.28 % 102.13 % 91.82 %
Y / Y Cost of Sales Growth -40.85 % -5.24 % 23.64 % 35.21 % 60.86 %
Inventory Turnover Ratio (TTM) 2.03 2.69 3.25 3.69 4.13
SEDG's Total Ranking # 629 # 593 # 596 # 791 # 892
Average inventory processing period 180 136 112 99 88
Seq. Inventory Growth 22.55 % 19.67 % 12.58 % 19.89 % 29.9 %
Seq. Cost of Sales Growth -36.06 % -13.58 % 4.69 % 2.24 % 2.43 %



Inventory Turnover Ratio Company Ranking
Within: No.
Semiconductors Industry # 47
Technology Sector # 144
Overall Market # 629

Inventory Turnover Ratio Statistics
High Average Low
6.45 4.66 2.03
(Mar 31 2020)   (Dec 31 2023)




Financial Statements
Solaredge Technologies Inc 's Inventories $ 1,443 Millions Visit SEDG's Balance sheet
Solaredge Technologies Inc 's Cost of Revenues TTM $ 2,273 Millions Visit SEDG's Income Statement
What are SEDG's Sales? Visit SEDG's Sales by Segment

Other Inventory Turnover Ratios
Solaredge Technologies 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
SEDG's Inventory Turnover Ratio versus Semiconductors Industry, Technology Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for SEDG's Competitors
Inventory Turnover Ratio for SEDG's Suppliers
Inventory Turnover Ratio for SEDG's Customers

You may also want to know
SEDG's Sales Growth Rates SEDG's Pe Price to earnings ratio SEDG's Receivables Turnover Ratio SEDG's Stock Quote
SEDG's Net Income Growth Rates SEDG's Ps Price to Sales ratio SEDG's Sales per Employee SEDG's Asset Turnover Ratio
SEDG's Net Margin SEDG's Pb Price to Book ratio SEDG's Financial Strength Ratios SEDG'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
Diebold Nixdorf Incorporated  4.25 $ 2,703.400  Millions$ 636  Millions
Key Tronic Corporation  4.20 $ 569.546  Millions$ 136  Millions
Super Micro Computer Inc   4.12 $ 7,734.632  Millions$ 1,876  Millions
Synopsys Inc   4.06 $ 1,266.646  Millions$ 312  Millions
Amphenol Corporation  4.05 $ 8,470.000  Millions$ 2,092  Millions
Geospace Technologies Corp  3.90 $ 78.425  Millions$ 20  Millions
Cemtrex Inc   3.86 $ 32.663  Millions$ 8  Millions
Rockwell Automation Inc   3.85 $ 5,431.100  Millions$ 1,411  Millions
Smart Global Holdings Inc   3.85 $ 869.932  Millions$ 226  Millions
Vishay Intertechnology Inc   3.81 $ 2,427.552  Millions$ 638  Millions
Trimas Corporation  3.80 $ 692.230  Millions$ 182  Millions
Ametek inc   3.79 $ 4,212.485  Millions$ 1,111  Millions
Eastman Kodak Co  3.78 $ 907.000  Millions$ 240  Millions
Flex Ltd   3.70 $ 26,838.000  Millions$ 7,259  Millions
Viavi Solutions Inc   3.65 $ 429.100  Millions$ 118  Millions
Kimball Electronics Inc   3.57 $ 1,677.000  Millions$ 469  Millions
Formfactor inc   3.51 $ 404.000  Millions$ 115  Millions
Nvidia Corp  3.50 $ 16,621.000  Millions$ 4,748  Millions
Mobileye Global inc   3.50 $ 1,032.000  Millions$ 295  Millions
Logitech International S a   3.48 $ 1,945.936  Millions$ 559  Millions
Stmicroelectronics N v   3.34 $ 8,999.000  Millions$ 2,698  Millions
Danaher Corporation  3.24 $ 9,856.000  Millions$ 3,046  Millions
Corning Inc  3.16 $ 8,657.000  Millions$ 2,735  Millions
Rambus Inc   3.16 $ 103.000  Millions$ 33  Millions
Universal Electronics Inc   3.14 $ 322.000  Millions$ 103  Millions
Cirrus Logic Inc   3.14 $ 878.468  Millions$ 280  Millions
Moving Image Technologies inc   3.12 $ 14.404  Millions$ 5  Millions
Trimble Inc   3.09 $ 983.000  Millions$ 318  Millions
Esco Technologies inc   3.08 $ 588.145  Millions$ 191  Millions
Marvell Technology Inc  3.05 $ 2,932.100  Millions$ 962  Millions

Date modified: 2024-02-26T21:09:12+00:00



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