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Arcimoto (Arcimoto) Total Inventories : $10.89 Mil (As of Sep. 2023)


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What is Arcimoto Total Inventories?

Arcimoto's total inventories for the quarter that ended in Sep. 2023 was $10.89 Mil. Arcimoto's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was $10.97 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Arcimoto's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-4.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Arcimoto's Days Inventory for the three months ended in Sep. 2023 was 338.01.

Inventory Turnover measures how fast the company turns over its inventory within a year. Arcimoto's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.27.

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. Arcimoto's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 9.88.


Arcimoto Total Inventories Historical Data

The historical data trend for Arcimoto'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.

Arcimoto Total Inventories Chart

Arcimoto Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Inventories
Get a 7-Day Free Trial Premium Member Only 1.70 3.73 5.10 7.86 12.32

Arcimoto Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.29 12.32 12.01 11.06 10.89

Arcimoto 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.


Arcimoto  (NAS:FUV) 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.

Arcimoto'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)
=(0.233+0.75 * 0.347+0.5 * 10.887-38.607
-4.297-0)/8.9302
=-4.14

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

Arcimoto'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
=10.972/2.962*365 / 4
=338.01

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

Arcimoto'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 )
=2.962 / 10.972
=0.27

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.

Arcimoto'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 )
=10.972 / 1.11
=9.88

* 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.


Arcimoto Total Inventories Related Terms

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Arcimoto (Arcimoto) Business Description

Traded in Other Exchanges
Address
2034 West 2nd Avenue, Eugene, OR, USA, 97402
Arcimoto Inc is an electric vehicle company that designs, develops, manufactures, sells, and rents three-wheeled electric vehicles in the United States. Its flagship product is the Fun Utility Vehicle (FUV) that delivers a thrilling ride experience for two passengers with cargo, parking, and operation. The company's products also comprise Rapid Responder designed to perform emergency, security, and law enforcement services; Deliverator, an electric last-mile delivery solution; Cameo, an FUV equipped with a rear-facing rear seat and a modified roof built for on-road filming; and Arcimoto Roadster, an unparalleled pure-electric on-road thrill machine.
Executives
Dan M. Creed director 2034 WEST 2ND AVENUE, EUGENE OR 97402
Christopher W. Dawson director 2034 WEST 2ND AVENUE, EUGENE OR 97402
Galileo Russell director C/O ARCIMOTO, INC., 2034 WEST 2ND AVENUE, EUGENE OR 97402
Jesse Grant Eisler director C/O ARCIMOTO, INC., 2034 WEST 2ND AVENUE, EUGENE OR 97402
Jesse Fittipaldi officer: Executive Vice President C/O ARCIMOTO, INC., 2034 WEST 2ND AVENUE, EUGENE OR 97402
Dorbin John W. Jr. officer: General Counsel & Corp. Sec. C/O ARCIMOTO, INC., 2034 WEST 2ND AVENUE, EUGENE OR 97402
Terry L Becker director C/O ARCIMOTO, INC., 2034 WEST 2ND AVENUE, EUGENE OR 97402
Nancy E. Calderon director 1285 WAKEFIELD TRAIL, RENO NV 89523
Mark Frohnmayer director, 10 percent owner, officer: President & CEO C/O ARCIMOTO, INC., 2034 WEST 2ND AVENUE, EUGENE OR 97402
Joshua S Scherer director C/O ARCIMOTO, INC., 2034 WEST 2ND AVENUE, EUGENE OR 97402
Douglas M Campoli officer: Chief Financial Officer C/O ENVIROTECH VEHICLES, INC., 1425 OHLENDORF ROAD, OSCEOLA AR 72370
Jeff Curl director C/O ARCIMOTO, INC., 2034 WEST 2ND AVENUE, EUGENE OR 97402
Thomas Thurston director 909 MONTGOMERY STREET, 3RD FLOOR, SAN FRANCISCO CA 94133

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