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Income Statement
Balance Sheet
Cash Flow Statement
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Common Size IS
Op Efficiency
Credit Analysis

Enphase Energy, Inc. (ENPH)

Operating Efficiency

Annual
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   SourceSourceSourceSourceSourceSourceSourceSource
Turnover Ratios  
Inventory turnover  12.114.211.616.710.57.97.38.0
Asset turnover  0.90.80.81.21.21.72.02.2
   
Returns on Capital  
ROIC (excluding intangibles)  26.3%23.6%79.8%133.3%10.6%-33.1%-80.8%-29.7%
ROIC (including intangibles)  19.8%11.9%59.4%67.8%5.4%-33.3%-78.2%-22.4%
ROE  48.0%44.6%42.5%69.2%83.7%245.3%-4633.9%-44.6%
ROA  12.8%9.2%17.1%26.4%1.9%-13.2%-36.8%-11.2%
   
Cash Conversion Cycle  
Days sales outstanding  69.088.185.985.091.183.369.047.1
Days payables outstanding  33.750.261.952.080.345.643.737.5
Days inventory outstanding  40.332.835.629.026.841.244.159.8
Cash conversion cycle  75.770.759.662.037.679.069.469.4

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