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Life Electric Vehicles Holdings (Life Electric Vehicles Holdings) Days Inventory : 0.00 (As of Aug. 2023)


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What is Life Electric Vehicles Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Life Electric Vehicles Holdings's Average Total Inventories for the three months ended in Aug. 2023 was $0.00 Mil. Life Electric Vehicles Holdings's Cost of Goods Sold for the three months ended in Aug. 2023 was $0.34 Mil. Hence, Life Electric Vehicles Holdings's Days Inventory for the three months ended in Aug. 2023 was 0.00.

The historical rank and industry rank for Life Electric Vehicles Holdings's Days Inventory or its related term are showing as below:

During the past 13 years, Life Electric Vehicles Holdings's highest Days Inventory was 667.06. The lowest was 131.79. And the median was 401.57.

LFEV's Days Inventory is not ranked *
in the Vehicles & Parts industry.
Industry Median: 81.03
* Ranked among companies with meaningful Days Inventory only.

Life Electric Vehicles Holdings's Days Inventory declined from Feb. 2008 (580.64) to Aug. 2023 (0.00).

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

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. Life Electric Vehicles Holdings's Inventory-to-Revenue for the three months ended in Aug. 2023 was 0.00.


Life Electric Vehicles Holdings Days Inventory Historical Data

The historical data trend for Life Electric Vehicles Holdings'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.

Life Electric Vehicles Holdings Days Inventory Chart

Life Electric Vehicles Holdings Annual Data
Trend Nov98 Nov99 Nov00 Nov01 Nov02 Nov03 Nov04 Nov05 Nov06 Nov07
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 667.06 131.79 135.26 401.57 526.72

Life Electric Vehicles Holdings Quarterly Data
May04 Aug04 Nov04 Feb05 May05 Aug05 Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Aug22 Aug23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 580.64 448.44 1,538.86 - -

Competitive Comparison of Life Electric Vehicles Holdings's Days Inventory

For the Recreational Vehicles subindustry, Life Electric Vehicles Holdings'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.


Life Electric Vehicles Holdings's Days Inventory Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Life Electric Vehicles Holdings's Days Inventory falls into.



Life Electric Vehicles Holdings Days Inventory Calculation

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

Life Electric Vehicles Holdings's Days Inventory for the fiscal year that ended in Nov. 2007 is calculated as

Days Inventory (A: Nov. 2007 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Nov. 2006 ) + Total Inventories (A: Nov. 2007 )) / count ) / Cost of Goods Sold (A: Nov. 2007 )*Days in Period
=( (7.685 + 4.861) / 2 ) / 4.347*365
=6.273 / 4.347*365
=526.72

Life Electric Vehicles Holdings's Days Inventory for the quarter that ended in Aug. 2023 is calculated as:

Days Inventory (Q: Aug. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2022 ) + Total Inventories (Q: Aug. 2023 )) / count ) / Cost of Goods Sold (Q: Aug. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0.34*365 / 4
=0 / 0.34*365 / 4
=0.00

* 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.


Life Electric Vehicles Holdings  (OTCPK:LFEV) 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.

Life Electric Vehicles Holdings's Inventory Turnover for the three months ended in Aug. 2023 is calculated as

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.

Life Electric Vehicles Holdings's Inventory to Revenue for the three months ended in Aug. 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.


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.


Life Electric Vehicles Holdings Days Inventory Related Terms

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


Life Electric Vehicles Holdings (Life Electric Vehicles Holdings) Business Description

Traded in Other Exchanges
N/A
Address
460 Hillsboro Technology Drive, Deerfield Beach, FL, USA, 33441
Life Electric Vehicles Holdings Inc is a developer, manufacturer, and distributor in the light electric vehicle industry. The business model includes the launching, acquisition, and consolidation of multiple brands of e-bikes, e-trikes, e-scooters, and light EV companies to become an industry leader in the American micro-mobility market.

Life Electric Vehicles Holdings (Life Electric Vehicles Holdings) Headlines

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