NIO (SGX:NIO) Change In Inventory : $0 Mil (TTM As of Mar. 2024)

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What is NIO Change In Inventory?

NIO's change in inventory for the quarter that ended in Mar. 2024 was $0 Mil. It means NIO's inventory stayed the same from Dec. 2023 to Mar. 2024 .

NIO's change in inventory for the fiscal year that ended in Dec. 2023 was $406 Mil. It means NIO's inventory declined by $406 Mil from Dec. 2022 to Dec. 2023 .

NIO's Total Inventories for the quarter that ended in Mar. 2024 was $862 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NIO's Days Inventory for the quarter that ended in Mar. 2024 was 55.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. NIO's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.63.

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. NIO's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.58.

NIO Change In Inventory Historical Data

The historical data trend for NIO'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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NIO Change In Inventory Chart

NIO Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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81.15

-30.25

-155.52

-897.56

405.52

NIO Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

NIO 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

NIO (SGX:NIO) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	800.7195	/	1308.187	*	365 / 4
	=	55.85

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

NIO's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1308.187	/	800.7195
	=	1.63

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.

NIO's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	800.7195	/	1375.913
	=	0.58

NIO Change In Inventory Related Terms

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NIO (SGX:NIO) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

NIOIF:USA NIO:USA NIO:Mexico 09866:Hong Kong N3IA:Germany

Address

No. 56 AnTuo Road, Building 20, Anting Town, Jiading District, Shanghai, CHN, 201804

Website

https://www.nio.com

Nio is a leading electric vehicle maker, targeting the premium segment. Founded in November 2014, Nio designs, develops, jointly manufactures, and sells premium smart electric vehicles. The company differentiates itself through continuous technological breakthroughs and innovations such as battery swapping and autonomous driving technologies. Nio launched its first model, its ES8 seven-seater electric SUV, in December 2017, and began deliveries in June 2018. Its current model portfolio includes midsize to large sedans and SUVs. It sold over 122,000 EVs in 2022, accounting for about 2% of the China passenger new energy vehicle market.