Luminar Technologies (Luminar Technologies) Days Inventory : 30.18 (As of Dec. 2023)

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What is Luminar Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Luminar Technologies's Average Total Inventories for the three months ended in Dec. 2023 was $14.45 Mil. Luminar Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was $43.69 Mil. Hence, Luminar Technologies's Days Inventory for the three months ended in Dec. 2023 was 30.18.

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

LAZR' s Days Inventory Range Over the Past 10 Years
Min: 26.89 Med: 55.25 Max: 87.71
Current: 37.36

During the past 5 years, Luminar Technologies's highest Days Inventory was 87.71. The lowest was 26.89. And the median was 55.25.

LAZR's Days Inventory is ranked better than
86.25% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 81.295 vs LAZR: 37.36

Luminar Technologies's Days Inventory increased from Dec. 2022 (29.53) to Dec. 2023 (30.18). It might indicate that Luminar Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Luminar Technologies's Inventory Turnover for the three months ended in Dec. 2023 was 3.02.

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. Luminar Technologies's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.65.

Luminar Technologies Days Inventory Historical Data

The historical data trend for Luminar Technologies'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.

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Luminar Technologies Days Inventory Chart

Luminar Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

87.71

55.70

55.25

34.58

26.89

Luminar Technologies Quarterly Data
	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												29.53	37.13	46.55	48.09	30.18

Competitive Comparison of Luminar Technologies's Days Inventory

For the Auto Parts subindustry, Luminar Technologies'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.

Luminar Technologies's Days Inventory Distribution in the Vehicles & Parts Industry

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

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

Luminar Technologies Days Inventory Calculation

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

Luminar Technologies'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
=	( (8.792	+	12.196)	/	2 )	/	142.469	*	365
=	10.494					/	142.469	*	365
=	26.89

Luminar Technologies'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
=	( (16.698	+	12.196)	/	2 )	/	43.685	*	365 / 4
=	14.447					/	43.685	*	365 / 4
=	30.18

Luminar Technologies (NAS:LAZR) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	43.685	/	14.447
	=	3.02

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.

Luminar Technologies's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	14.447	/	22.114
	=	0.65

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.

Luminar Technologies Days Inventory Related Terms

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

Luminar Technologies (Luminar Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Luminar Technologies Inc (NAS:LAZR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

LAZR:Mexico 9FS:Germany

Address

2603 Discovery Drive, Suite 100, Orlando, FL, USA, 32826

Website

https://www.luminartech.com

Luminar Technologies Inc is an autonomous vehicle sensor and software company with the vision to make autonomy safe and ubiquitous by delivering lidar and associated software that meets the industry's stringent performance, safety, and economic requirements. It operates its business through the following segment: (1) Autonomy Solutions and (2) Components. The majority of revenue is earned from the Autonomy Solutions segment.

Executives

Thomas Fennimore	officer: Chief Financial Officer	C/O LUMINAR TECHNOLOGIES, INC., 2603 DISCOVERY DRIVE, SUITE 100, ORLANDO FL 32826
Alan Prescott	officer: Chief Legal Officer	C/O LUMINAR TECHNOLOGIES, INC., 2603 DISCOVERY DRIVE, SUITE 100, ORLANDO FL 32826
Austin Russell	director, 10 percent owner, officer: Chairperson, President & CEO	C/O LUMINAR TECHNOLOGIES, INC., 2603 DISCOVERY DRIVE, SUITE 100, ORLANDO FL 32826
Jun Hong Heng	director	C/O CRESCENT COVE ACQUISITION CORP., 530 BUSH STREET, SUITE 703, SAN FRANCISCO CA 94108
Mary Lou Jepsen	director	21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Aeg Holdings, Llc	director, 10 percent owner, officer: Chief Executive Officer	6260 LOOKOUT RD., BOULDER CO 80301
Daniel David Tempesta	director	ONE WAYSIDE ROAD, BURLINGTON MA 01803
Katherine A Martin	director	C/O NUANCE COMMUNICATIONS, INC., ONE WAYSIDE ROAD, BURLINGTON MA 01803
Matthew Simoncini	director	21557 TELEGRAPH ROAD, SOUTHFIELD MI 48034
Shaun Maguire	director	C/O LUMINAR TECHNOLOGIES, INC., 2603 DISCOVERY DRIVE, SUITE 100, ORLANDO FL 32826
M. Scott Faris	officer: Chief Business Officer	C/O LUMINAR TECHNOLOGIES, INC., 2603 DISCOVERY DRIVE, SUITE 100, ORLANDO FL 32826
Benjamin John Kortlang	director	2750 SAND HILL ROAD, MENLO PARK CA 94025
Jason Eichenholz	officer: Chief Technology Officer	C/O LUMINAR TECHNOLOGIES, INC., 2603 DISCOVERY DRIVE, SUITE 100, ORLANDO FL 32826
Scott A Mcgregor	director	5300 CALIFORNIA AVENUE, IRVINE CA 92617
Andrew Mcbride	officer: CFO & Secretary	9800 WILSHIRE BLVD., BEVERLY HILLS CA 90212