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 Average Total Inventories for the quarter that ended in Sep. 2023 was $38.18 Mil. Lightning eMotors's Revenue for the
three
months ended in Sep. 2023 was $12.37 Mil.
Lightning eMotors's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 3.09.
Lightning eMotors's Inventory-to-Revenue for the quarter that ended in Sep. 2023
declined
from Jun. 2023 (6.58) to Jun. 2023 (3.09)
A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
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
three
months ended in Sep. 2023 was 76.25.
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 1.20.
Lightning eMotors Inventory-to-Revenue Historical Data
The historical data trend for Lightning eMotors's Inventory-to-Revenue 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.
Competitive Comparison of Lightning eMotors's Inventory-to-Revenue
For the Farm & Heavy Construction Machinery subindustry, Lightning eMotors's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.
Lightning eMotors's Inventory-to-Revenue Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Lightning eMotors's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Lightning eMotors's Inventory-to-Revenue falls into.
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 fiscal year that ended in Dec. 2022 is calculated as
* 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.
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
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
three
months ended in Sep. 2023 is calculated as:
* 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.
Lightning eMotors Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Lightning eMotors's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Lightning eMotors (Lightning eMotors) Business Description
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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