Lotus Technology (Lotus Technology) Change In Inventory : $0.0 Mil (TTM As of Dec. 2023)

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What is Lotus Technology Change In Inventory?

Lotus Technology's change in inventory for the quarter that ended in Dec. 2023 was $0.0 Mil. It means Lotus Technology's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Lotus Technology's change in inventory for the fiscal year that ended in Dec. 2023 was $-235.1 Mil. It means Lotus Technology's inventory increased by $235.1 Mil from Dec. 2022 to Dec. 2023 .

Lotus Technology's Total Inventories for the quarter that ended in Dec. 2023 was $265.2 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Lotus Technology's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.00.

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.

Lotus Technology Change In Inventory Historical Data

The historical data trend for Lotus Technology'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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Lotus Technology Change In Inventory Chart

Lotus Technology Annual Data

Trend

Dec21

Dec22

Dec23

Change In Inventory

-1.96

-21.63

-235.07

Lotus Technology Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	-	-	-	-	-

Lotus Technology 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 semi-annually data reported by the company within the most recent 12 months, which was $0.0 Mil.

Lotus Technology (NAS:LOT) Change In Inventory Explanation

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

Lotus Technology's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	195.412	/	0	*	365 / 2
	=	N/A

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	195.412
	=	0.00

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	195.412	/	0
	=	N/A

Lotus Technology Change In Inventory Related Terms

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Lotus Technology (Lotus Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lotus Technology Inc (NAS:LOT) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

5EP:Germany

Address

No. 800 Century Avenue, Pudong District, Shanghai, CHN, 200120

Website

https://www.group-lotus.com

Lotus Technology Inc is a battery electric vehicle (BEV) maker that designs, develops, and sells BEV lifestyle vehicles under the Lotus brand. The Group is also a distributor that sells luxury sports cars under the Lotus brand.

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