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Rivian Automotive Days Inventory

: 58.69 (As of Mar. 2022)
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Days Inventory is also known as Days Sales of Inventory (DSI). Rivian Automotive's Average Total Inventories for the three months ended in Mar. 2022 was $384.0 Mil. Rivian Automotive's Cost of Goods Sold for the three months ended in Mar. 2022 was $597.0 Mil. Hence, Rivian Automotive's Days Inventory for the three months ended in Mar. 2022 was 58.69.

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

RIVN' s Days Inventory Range Over the Past 10 Years
Min: 97.38   Med: 192.33   Max: 192.33
Current: 97.38

During the past 3 years, Rivian Automotive's highest Days Inventory was 192.33. The lowest was 97.38. And the median was 192.33.

RIVN's Days Inventory is ranked worse than
64.09% of 1189 companies
in the Vehicles & Parts industry
Industry Median: 76.92 vs RIVN: 97.38

Rivian Automotive's Days Inventory increased from Mar. 2021 (0.00) to Mar. 2022 (58.69). It might indicate that Rivian Automotive'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. Rivian Automotive's Inventory Turnover for the three months ended in Mar. 2022 was 1.55.

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. Rivian Automotive's Inventory-to-Revenue for the three months ended in Mar. 2022 was 4.04.


Rivian Automotive Days Inventory Historical Data

The historical data trend for Rivian Automotive'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.

Rivian Automotive Annual Data
Trend Dec19 Dec20 Dec21
Days Inventory
- - 192.33

Rivian Automotive Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Days Inventory Premium Member Only Premium Member Only Premium Member Only - - 138.52 41.76 58.69

Competitive Comparison

For the Auto Manufacturers subindustry, Rivian Automotive'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.

   

Rivian Automotive Days Inventory Distribution

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

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



Rivian Automotive Days Inventory Calculation

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

Rivian Automotive's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0 + 274) / 1 ) / 520*365
=274 / 520*365
=192.33

Rivian Automotive's Days Inventory for the quarter that ended in Mar. 2022 is calculated as:

Days Inventory (Q: Mar. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2021 ) + Total Inventories (Q: Mar. 2022 )) / count ) / Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=( (274 + 494) / 2 ) / 597*365 / 4
=384 / 597*365 / 4
=58.69

* 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.


Rivian Automotive  (NAS:RIVN) 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.

Rivian Automotive's Inventory Turnover for the three months ended in Mar. 2022 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.

Rivian Automotive's Inventory to Revenue for the three months ended in Mar. 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.


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.


Rivian Automotive Days Inventory Related Terms

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


Rivian Automotive Business Description

Rivian Automotive logo
Traded in Other Exchanges
Address
14600 Myford Road, Irvine, CA, USA, 92606
Rivian Automotive Inc designs, develops and manufactures category-defining electric vehicles and accessories.
Executives
Flatley Jay T director 9885 TOWNE CENTRE DR SAN DIEGO CA 92121
Thomas-graham Pamela director C/O IDENIX PHARMACEUTICALS, INC. 60 HAMPSHIRE STREET CAMBRIDGE MA 02139
Baker Jeff officer: Chief Accounting Officer 1221 BROADWAY OAKLAND CA 94612
Boone Karen director 15 KOCH ROAD SUITE J CORTE MADERA CA 94925
Amazon Com Inc director, 10 percent owner 410 TERRY AVENUE NORTH SEATTLE WA 98109
Ford Motor Co 10 percent owner ONE AMERICAN RD DEARBORN MI 48126
Marcario Rose M director 21101 OXNARD STREET WOODLAND HILLS CA 91367
Mcdonough Claire officer: Chief Financial Officer C/O RIVIAN AUTOMOTIVE, INC. 14600 MYFORD ROAD IRVINE CA 92618
Krawiec Peter director C/O RIVIAN AUTOMOTIVE, INC. 14600 MYFORD ROAD IRVINE CA 92618
Scaringe Robert J director, officer: Chief Executive Officer C/O RIVIAN AUTOMOTIVE, INC. 14600 MYFORD ROAD IRVINE CA 92618
Behl Jiten officer: Chief Growth Officer C/O RIVIAN AUTOMOTIVE, INC. 14600 MYFORD ROAD IRVINE CA 92618
Schwartz Sanford Harold director C/O RIVIAN AUTOMOTIVE, INC. 14600 MYFORD ROAD IRVINE CA 92618
Global Oryx Group Holding Co Ltd 10 percent owner 15 ESPLANADE ST. HELIER Y9 JE1 1RB

Rivian Automotive Headlines

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