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Lightning eMotors (Lightning eMotors) Total Inventories : $19.21 Mil (As of Sep. 2023)


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What is Lightning eMotors Total Inventories?

Lightning eMotors's total inventories for the quarter that ended in Sep. 2023 was $19.21 Mil. Lightning eMotors's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was $38.18 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Lightning eMotors's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-8.70.

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.

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 quarter that ended in Sep. 2023 was 3.09.


Lightning eMotors Total Inventories Historical Data

The historical data trend for Lightning eMotors's Total Inventories 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.

Lightning eMotors Total Inventories Chart

Lightning eMotors Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Total Inventories
3.99 5.74 14.62 47.07

Lightning eMotors Quarterly Data
Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.77 47.07 46.99 57.15 19.21

Lightning eMotors Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Lightning eMotors  (OTCPK:ZEVY) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Lightning eMotors's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.022+0.75 * 9.747+0.5 * 19.214-80.3
-0-0)/6.59352
=-8.70

2. 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:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=38.1805/45.694*365 / 4
=76.25

3. 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 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=45.694 / 38.1805
=1.20

4. 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 quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=38.1805 / 12.366
=3.09

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Lightning eMotors Total Inventories Related Terms

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Lightning eMotors (Lightning eMotors) Business Description

Traded in Other Exchanges
N/A
Address
815 14th Street South West, Suite A100, Loveland, CO, USA, 80537
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.
Executives
Rosella Holdings Ltd 10 percent owner TRAFALGAR COURT, 3RD FLOOR, WEST WING, LES BANQUES, ST PETER PORT Y7 GY1 2JA
David Agatston officer: Chief Financial Officer C/O LIGHTNING EMOTORS, INC., 815 14TH STREET SW, SUITE A100, LOVELAND CO 80537
Wanda Jackson-davis director C/O LIGHTNING EMOTORS, INC., 815 14TH STREET SW, SUITE A100, LOVELAND CO 80537
Shashi Seth officer: Chief Revenue Officer 3080 SOUTH CT, PALO ALTO CA 94306
Jack Kenneth P. Jr. director 815 14TH STREET SW, SUITE A100, LOVELAND CO 80537
Robert Fenwick-smith director C/O LIGHTNING EMOTORS, INC., 815 14TH STREET SW, SUITE A100, LOVELAND CO 80537
Bruce Coventry director C/O LIGHTNING EMOTORS, INC., 815 14TH STREET SW, SUITE A100, LOVELAND CO 80537
Timothy Reeser director, officer: Chief Executive Officer C/O LIGHTNING EMOTORS, INC., 815 14TH STREET SW, SUITE A100, LOVELAND CO 80537
Teresa Covington officer: Chief Financial Officer C/O AEROVIRONMENT, INC., 181 W. HUNTINGTON DR., SUITE 202, MONROVIA CA 91016
Raluca Dinu director C/O GIGCAPITAL2, INC., 2479 E. BAYSHORE RD., SUITE 200, PALO ALTO CA 94303
Diana D Tremblay director 2111 NORTH MOLTER ROAD, LIBERTY LAKE WA 99019
Thaddeus Senko director C/O AUTOLIV, INC., KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 SE-11164
Andrea Betti-berutto other: former director C/O GIGCAPITAL3, INC., 1731 EMBARCADERO RD., SUITE 200, PALO ALTO CA 94303
Peter S Wang other: former director GIGCAPITAL, INC., 3000 EL CAMINO REAL, BLDG 4, SUITE 232, PALO ALTO CA 94306
John J Mikulsky other: former director C/O KALEYRA, INC., 1731 EMBARCADERO ROAD, SUITE 200, PALO ALTO CA 94303