Turbo Energy (TURB) Inventory Average (2023 - 2024)
Turbo Energy (TURB) reported Inventory Average of $2.5 million for Q4 2024, down 68.02% on a YoY basis from $7.8 million in Q1 2024, and down 44.14% quarter-over-quarter from $4.4 million in Q2 2024.
Turbo Energy (TURB) Inventory Average (2023 - 2024) Analysis & Trends
Turbo Energy has reported Inventory Average for 2 years, with the latest figure at $2.5 million in Q4 2024.
- For the quarter ending Q4 2024, Inventory Average fell 68.02% year-over-year to $2.5 million; the trailing twelve-month figure through Dec 2024 stood at $2.5 million (down 68.02% YoY), and the FY2025 full-year result was $3.0 million, down 26.17% from the prior year.
- Inventory Average for Q4 2024 stood at $2.5 million, down from $4.4 million in the prior quarter.
- The five-year high for Inventory Average was $9.9 million in Q2 2023, with the low at $2.5 million in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 815.31 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 268.78 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 289.37 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 574.73 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 495.84 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 124.44 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 159.17 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 2.30 Bn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 28.05 Mn |
| 10 | Turbo Energy | 99.71 Mn | 99.10 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 2.48 Mn |
| Jun 30, 2024 | 4.45 Mn |
| Dec 31, 2023 | 7.77 Mn |
| Jun 30, 2023 | 9.92 Mn |