The historical rank and industry rank for Lightning eMotors's Days Inventory or its related term are showing as below:
ZEVY'
s Days Inventory Range Over the Past 10 Years
Min: 141.35 Med: 235.36 Max: 343.79
Current: 199.43
During the past 4 years, Lightning eMotors's highest Days Inventory was 343.79. The lowest was 141.35. And the median was 235.36.
ZEVY's Days Inventory is ranked worse than 75.98% of 204
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 131.845
vs ZEVY: 199.43
Lightning eMotors's Days Inventory
declined
from Sep. 2022 (193.82) to Sep. 2023 (76.25).
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.
Lightning eMotors's Inventory Turnover for the
three
months ended in Sep. 2023 was 1.20.
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.
Lightning eMotors's Inventory-to-Revenue for the
three
months ended in Sep. 2023 was 3.09.
Lightning eMotors Days Inventory Historical Data
The historical data trend for Lightning eMotors'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.
Competitive Comparison of Lightning eMotors's Days Inventory
For the Farm & Heavy Construction Machinery subindustry, Lightning eMotors'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.
Lightning eMotors's Days Inventory Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Lightning eMotors's Days Inventory distribution charts can be found below:
* The bar in red indicates where Lightning eMotors's Days Inventory falls into.
Lightning eMotors Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Lightning eMotors's Days Inventory for the fiscal year that ended in Dec. 2022 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.
Lightning eMotors (OTCPK:ZEVY) 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.
Lightning eMotors's Inventory Turnover for the
three
months ended in Sep. 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.
Lightning eMotors's Inventory to Revenue for the
three
months ended in Sep. 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.
Lightning eMotors Days Inventory Related Terms
Thank you for viewing the detailed overview of Lightning eMotors's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Lightning eMotors (Lightning eMotors) Business Description
Lightning eMotors Inc is engaged in designing and manufacturing zero-emission commercial trucks and buses and charging infrastructure solutions for fleets, large enterprises, original equipment manufacturers, and governments. Its product offerings range from cargo vans, transit and shuttle buses, school buses, specialty work trucks, ambulances, and electric powertrains for school buses, transit buses, and motor coaches. Its product solutions help its customers reduce their greenhouse gas emissions, lower operating costs and improve energy efficiency.
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