Xos (XOS) Days Inventory : 232.14 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Xos Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Xos's Average Total Inventories for the three months ended in Dec. 2023 was $43.37 Mil. Xos's Cost of Goods Sold for the three months ended in Dec. 2023 was $17.05 Mil. Hence, Xos's Days Inventory for the three months ended in Dec. 2023 was 232.14.

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

XOS' s Days Inventory Range Over the Past 10 Years
Min: 243.01 Med: 335.54 Max: 806.6
Current: 409.22

During the past 4 years, Xos's highest Days Inventory was 806.60. The lowest was 243.01. And the median was 335.54.

XOS's Days Inventory is ranked worse than
94.63% of 205 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 132.89 vs XOS: 409.22

Xos's Days Inventory declined from Dec. 2022 (341.50) to Dec. 2023 (232.14).

Inventory Turnover measures how fast the company turns over its inventory within a year. Xos's Inventory Turnover for the three months ended in Dec. 2023 was 0.39.

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. Xos's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.36.

Xos Days Inventory Historical Data

The historical data trend for Xos'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.

* Premium members only.

Xos Days Inventory Chart

Xos Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

291.10

806.60

243.01

379.97

Xos Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial									341.50	937.60	605.53	323.88	232.14

Competitive Comparison of Xos's Days Inventory

For the Farm & Heavy Construction Machinery subindustry, Xos'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.

Xos's Days Inventory Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Xos's Days Inventory distribution charts can be found below:

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

Xos Days Inventory Calculation

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

Xos'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
=	( (57.54	+	37.843)	/	2 )	/	45.813	*	365
=	47.6915					/	45.813	*	365
=	379.97

Xos'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
=	( (48.903	+	37.843)	/	2 )	/	17.049	*	365 / 4
=	43.373					/	17.049	*	365 / 4
=	232.14

Xos (NAS:XOS) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	17.049	/	43.373
	=	0.39

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	43.373	/	18.376
	=	2.36

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.

Xos Days Inventory Related Terms

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

Xos (XOS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Xos Inc (NAS:XOS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

3550 Tyburn Street, Unit 100, Los Angeles, CA, USA, 90065

Website

https://www.xostrucks.com

Xos Inc is an electric mobility company. It designs and develops fully electric battery mobility systems specifically for commercial fleets. The company's primary focus is on medium- and heavy-duty commercial vehicles that travel on last mile routes. The company leverages its proprietary technologies to provide commercial fleets zero emission vehicles that are easier to maintain and more cost-efficient on a total cost of ownership basis than internal combustion engine and commercial EV counterparts.

Executives

Jose Castaneda	officer: VP, Business Development	3550 TYBURN STREET, UNIT 100, LOS ANGELES CA 90065
Liana Pogosyan	officer: Acting Chief Financial Officer	C/O XOS, INC., 3550 TYBURN STREET, LOS ANGELES CA 90065
George N Mattson	director	C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
Robert Ferber	officer: Chief Technology Officer	3550 TYBURN STREET, UNIT 100, LOS ANGELES CA 90065
Giordano Sordoni	director, officer: Chief Operating Officer	3550 TYBURN STREET, UNIT 100, LOS ANGELES CA 90065
Dakota Semler	director, officer: Chief Executive Officer	3550 TYBURN STREET, UNIT 100, LOS ANGELES CA 90065
Edward J Rapp	director	100 NE ADAMS STREET, PEORIA IL 61629
Stuart N. Bernstein	director	C/O XOS, INC., 3550 TYBURN STREET, LOS ANGELES CA 90065
Christen T Romero	officer: General Counsel	3550 TYBURN STREET, UNIT 100, LOS ANGELES CA 90065
Anousheh Ansari	director	10560 DR. MARTIN LUTHER KING JR. ST. N., ST. PETERSBURG, FL FL 33716
Alice K Jackson	director	1800 LARIMER STREET, DENVER CO 80202
Burt Jordan	director	4387 CHERRY HILL DRIVE, ORCHARD LAKE MI 48323
Kingsley Afemikhe	officer: Chief Financial Officer	3550 TYBURN STREET, UNIT 100, LOS ANGELES CA 90065
Aljomaih Automotive Co.	10 percent owner	P.O. BOX 224, KING KHALID STREET, ALJOMAIH BUILDING, 1ST FLOOR, DAMMAM T0 31411
Emerald Green Trust	10 percent owner	3211 MULHOLLAND HIGHWAY, MALIBU CA 90265