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Faraday Future Intelligent Electric (Faraday Future Intelligent Electric) Days Inventory : 128.74 (As of Sep. 2023)


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What is Faraday Future Intelligent Electric Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Faraday Future Intelligent Electric's Average Total Inventories for the three months ended in Sep. 2023 was $22.76 Mil. Faraday Future Intelligent Electric's Cost of Goods Sold for the three months ended in Sep. 2023 was $16.13 Mil. Hence, Faraday Future Intelligent Electric's Days Inventory for the three months ended in Sep. 2023 was 128.74.

The historical rank and industry rank for Faraday Future Intelligent Electric's Days Inventory or its related term are showing as below:

FFIE' s Days Inventory Range Over the Past 10 Years
Min: 0   Med: 0   Max: 265.14
Current: 265.14

During the past 3 years, Faraday Future Intelligent Electric's highest Days Inventory was 265.14. The lowest was 0.00. And the median was 0.00.

FFIE's Days Inventory is ranked worse than
94.42% of 1255 companies
in the Vehicles & Parts industry
Industry Median: 81.83 vs FFIE: 265.14

Faraday Future Intelligent Electric's Days Inventory increased from Sep. 2022 (0.00) to Sep. 2023 (128.74). It might indicate that Faraday Future Intelligent Electric's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Faraday Future Intelligent Electric's Inventory Turnover for the three months ended in Sep. 2023 was 0.71.

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. Faraday Future Intelligent Electric's Inventory-to-Revenue for the three months ended in Sep. 2023 was 41.30.


Faraday Future Intelligent Electric Days Inventory Historical Data

The historical data trend for Faraday Future Intelligent Electric'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.

Faraday Future Intelligent Electric Days Inventory Chart

Faraday Future Intelligent Electric Annual Data
Trend Dec20 Dec21 Dec22
Days Inventory
- - -

Faraday Future Intelligent Electric Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 99.00 128.74

Competitive Comparison of Faraday Future Intelligent Electric's Days Inventory

For the Auto Manufacturers subindustry, Faraday Future Intelligent Electric'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.


Faraday Future Intelligent Electric's Days Inventory Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Faraday Future Intelligent Electric's Days Inventory falls into.



Faraday Future Intelligent Electric Days Inventory Calculation

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

Faraday Future Intelligent Electric's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Faraday Future Intelligent Electric's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (10.301 + 35.215) / 2 ) / 16.131*365 / 4
=22.758 / 16.131*365 / 4
=128.74

* 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.


Faraday Future Intelligent Electric  (NAS:FFIE) 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.

Faraday Future Intelligent Electric's Inventory Turnover for the three months ended in Sep. 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.

Faraday Future Intelligent Electric's Inventory to Revenue 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.


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.


Faraday Future Intelligent Electric Days Inventory Related Terms

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


Faraday Future Intelligent Electric (Faraday Future Intelligent Electric) Business Description

Traded in Other Exchanges
Address
18455 S. Figueroa Street, Gardena, CA, USA, 90248
Faraday Future Intelligent Electric Inc is a global shared intelligent mobility ecosystem. It is poised to break the boundaries between the Internet, IT, creative, and auto industries with product and service offerings that integrate new energy, AI, Internet, and sharing models. FF 91 is its first production vehicle and flagship model.
Executives
Lev Peker director US AUTO PARTS, 16941 KEEGAN AVENUE, CARSON CA 90746
Jonathan Maroko officer: Interim CFO 18455 S. FIGUEROA STREET, GARDENA CA 90248
Li Han director 18455 S. FIGUEROA STREET, GARDENA CA 90248
Ke Sun director 18455 S. FIGUEROA STREET, GARDENA CA 90248
Jie Sheng director 18455 S. FIGUEROA STREET, GARDENA CA 90248
Xuefeng Chen officer: Global Chief Exec. Officer C/O FARADAY FUTURE INTELLIGENT ELECTRIC, INC., 18455 S. FIGUEROA STREET, GARDENA CA 90248
Chad Chen director C/O FARADAY FUTURE INTELLIGENT ELECTRIC, 18455 S. FIGUEROA STREET, GARDENA CA 90248
Yun Han officer: CAO & Interim CFO 1449 HAMPTON ROAD, SAN MARINO CA 91108
Xin He director 32000 AURORA ROAD, SUITE B, SOLON OH 44139
Rebecca A Roof officer: Interim Chief Financial Office C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Walter Mcbride officer: Chief Financial Officer FIRST CONSULTING GROUP, PO BOX 22676, LONG BEACH CA 90801-5676
Kruse Robert A Jr. officer: Senior VP, Product Execution 18455 S. FIGUEROA STREET, GARDENA CA 90248
Hong Rao officer: Vice President, I.A.I. 18455 S. FIGUEROA STREET, GARDENA CA 90248
Benedikt Hartmann officer: Senior VP of Supply Chain 18455 S. FIGUEROA STREET, GARDENA CA 90248
Chui Tin Mok officer: Exec. VP, Head of User Ecosys. 18455 S. FIGUEROA STREET, GARDENA CA 90248

Faraday Future Intelligent Electric (Faraday Future Intelligent Electric) Headlines

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