GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Li Auto Inc (NAS:LI) » Definitions » Change In Inventory

Li Auto (Li Auto) Change In Inventory : $65 Mil (TTM As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Li Auto Change In Inventory?

Li Auto's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means Li Auto's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Li Auto's change in inventory for the fiscal year that ended in Dec. 2023 was $-0 Mil. It means Li Auto's inventory increased by $0 Mil from Dec. 2022 to Dec. 2023 .

Li Auto's Total Inventories for the quarter that ended in Dec. 2023 was $962 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Li Auto's Days Inventory for the quarter that ended in Dec. 2023 was 18.24.

Inventory Turnover measures how fast the company turns over its inventory within a year. Li Auto's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.00.

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. Li Auto's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.15.


Li Auto Change In Inventory Historical Data

The historical data trend for Li Auto's Change In Inventory 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.

Li Auto Change In Inventory Chart

Li Auto Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial -72.79 -79.04 -96.02 -849.17 -0.18

Li Auto Quarterly Data
Dec18 Mar19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Inventory 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 Premium Member Only Premium Member Only -252.08 15.30 49.40 - -

Li Auto Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $65 Mil.

* 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.


Li Auto  (NAS:LI) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Li Auto's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=894.1205/4473.994*365 / 4
=18.24

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Li Auto's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

3. 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.

Li Auto's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

* 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.


Li Auto Change In Inventory Related Terms

Thank you for viewing the detailed overview of Li Auto's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Li Auto (Li Auto) Business Description

Address
11 Wenliang Street, Shunyi District, Beijing, CHN, 101399
Li Auto is a leading Chinese NEV manufacturer that designs, develops, manufactures, and sells premium smart NEVs. The company started volume production of its first model Li One in November 2019. The model is a six-seater, large, premium plug-in electric SUV equipped with a range extension system and advanced smart vehicle solutions. It sold over 133,000 NEVs in 2022, accounting for about 2% of China's passenger new energy vehicle market. Beyond Li One, the company will expand its product line, including both BEVs and PHEVs, to target a broader consumer base.

Li Auto (Li Auto) Headlines

From GuruFocus

Li Auto Inc. September 2023 Delivery Update

By Marketwired 10-01-2023

Li Auto Inc. Unveils Autonomous Driving and BEV Roadmap

By sperokesalga sperokesalga 04-18-2023

Li Auto Inc. June 2023 Delivery Update

By Marketwired 07-01-2023

Li Auto Inc. August 2023 Delivery Update

By Marketwired 09-01-2023

Li Auto Inc. Hosts Family Tech Day

By GlobeNewswire GlobeNewswire 06-17-2023

Li Auto Inc. September 2023 Delivery Update

By GlobeNewswire 10-01-2023

Li Auto Inc. Announces Results of Annual General Meeting

By sperokesalga sperokesalga 05-31-2023