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Fisker (Fisker) Days Inventory : 95.83 (As of Dec. 2023)


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What is Fisker Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fisker's Average Total Inventories for the three months ended in Dec. 2023 was $476.1 Mil. Fisker's Cost of Goods Sold for the three months ended in Dec. 2023 was $453.3 Mil. Hence, Fisker's Days Inventory for the three months ended in Dec. 2023 was 95.83.

The historical rank and industry rank for Fisker's Days Inventory or its related term are showing as below:

FSRN' s Days Inventory Range Over the Past 10 Years
Min: 134.15   Med: 3034.26   Max: 5934.37
Current: 151.33

During the past 6 years, Fisker's highest Days Inventory was 5934.37. The lowest was 134.15. And the median was 3034.26.

FSRN's Days Inventory is ranked worse than
83.77% of 1257 companies
in the Vehicles & Parts industry
Industry Median: 81.53 vs FSRN: 151.33

Fisker's Days Inventory declined from Dec. 2022 (1,639.43) to Dec. 2023 (95.83).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fisker's Inventory Turnover for the three months ended in Dec. 2023 was 0.95.

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. Fisker's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.38.


Fisker Days Inventory Historical Data

The historical data trend for Fisker's Days 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.

Fisker Days Inventory Chart

Fisker Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial - - - 5,934.37 134.15

Fisker Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days 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 1,639.43 9,261.88 12,127.37 313.62 95.83

Competitive Comparison of Fisker's Days Inventory

For the Auto Manufacturers subindustry, Fisker's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fisker's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Fisker's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fisker's Days Inventory falls into.



Fisker Days Inventory Calculation

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

Fisker's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (4.276 + 406.505) / 2 ) / 558.821*365
=205.3905 / 558.821*365
=134.15

Fisker's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (545.653 + 406.505) / 2 ) / 453.349*365 / 4
=476.079 / 453.349*365 / 4
=95.83

* 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.


Fisker  (OTCPK:FSRN) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Fisker's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

2. 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.

Fisker's Inventory to Revenue for the three months 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Fisker Days Inventory Related Terms

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


Fisker (Fisker) Business Description

Traded in Other Exchanges
Address
1888 Rosecrans Avenue, Manhattan Beach, CA, USA, 90266
Fisker Inc is revolutionizing the automotive industry by developing emotionally desirable and eco-friendly electric vehicles on Earth. The company is an e-mobility service provider with sustainable vehicles.
Executives
Florus Beuting officer: Chief Accounting Officer C/O PLBY GROUP, INC., 10960 WILSHIRE BLVD, SUITE 2200, LOS ANGELES CA 90024
Burkhard J. Huhnke officer: Chief Technology Officer C/O FISKER INC., 1580 FRANCISCO STREET, SUITE B, TORRANCE CA 90501
Fifthdelta Ltd 10 percent owner 15 SACKVILLE STREET, 1ST FLOOR, LONDON X0 W1S 3DJ
Finnucan John C Iv officer: Chief Accounting Officer C/O FISKER INC., 1580 FRANCISCO STREET, SUITE B, TORRANCE CA 90501
Henrik Fisker director, officer: President & CEO C/O FISKER INC., 1580 FRANCISCO STREET, SUITE B, TORRANCE CA 90501
Wendy J. Greuel director C/O FISKER INC., 1580 FRANCISCO STREET, SUITE B, TORRANCE CA 90501
Mitchell Zuklie director C/O FISKER INC., 1888 ROSECRANS AVENUE, MANHATTAN BEACH CA 90266
Mark E Hickson director 700 UNIVERSE BLVD, JUNO BEACH FL 33408
William R Mcdermott director 2225 LAWSON LANE, SANTA CLARA CA 95054
Geeta Gupta director, officer: Chief Financial Officer C/O FISKER INC., 1580 FRANCISCO STREET, SUITE B, TORRANCE CA 90501
Spartan Energy Acquisition Sponsor Llc 10 percent owner 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Roderick K. Randall director C/O FISKER INC., 1580 FRANCISCO STREET, SUITE B, TORRANCE CA 90501
Nadine I Watt director C/O FISKER INC., 1580 FRANCISCO STREET, SUITE B, TORRANCE CA 90501
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019

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