Lightning eMotors (FRA:9LK) Change In Inventory : €-2.84 Mil (TTM As of Sep. 2023)

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What is Lightning eMotors Change In Inventory?

Lightning eMotors's change in inventory for the quarter that ended in Sep. 2023 was €18.87 Mil. It means Lightning eMotors's inventory declined by €18.87 Mil from Jun. 2023 to Sep. 2023 .

Lightning eMotors's change in inventory for the fiscal year that ended in Dec. 2022 was €-34.09 Mil. It means Lightning eMotors's inventory increased by €34.09 Mil from Dec. 2021 to Dec. 2022 .

Lightning eMotors's Total Inventories for the quarter that ended in Sep. 2023 was €18.00 Mil.

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 quarter that ended in Sep. 2023 was 75.39.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lightning eMotors's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.21.

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 quarter that ended in Sep. 2023 was 3.05.

Lightning eMotors Change In Inventory Historical Data

The historical data trend for Lightning eMotors'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.

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Lightning eMotors Change In Inventory Chart

Lightning eMotors Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Change In Inventory

-2.92

-1.66

-8.67

-34.09

Lightning eMotors Quarterly Data
	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Inventory	Get a 7-Day Free Trial										-10.68	-13.37	-2.97	-5.38	18.87

Lightning eMotors 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-2.84 Mil.

Lightning eMotors (FRA:9LK) Change In Inventory Explanation

1. 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 quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	35.3755	/	42.815	*	365 / 4
	=	75.39

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

Lightning eMotors's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	42.815	/	35.3755
	=	1.21

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.

Lightning eMotors's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	35.3755	/	11.587
	=	3.05

Lightning eMotors Change In Inventory Related Terms

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Lightning eMotors (FRA:9LK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Lightning eMotors Inc (FRA:9LK) » Definitions » Change In Inventory

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Traded in Other Exchanges

ZEVY:USA

Address

815 14th Street South West, Suite A100, Loveland, CO, USA, 80537

Website

https://www.lightningemotors.com

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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