Mullen Automotive (HAM:1N50) Change In Inventory : €-14.82 Mil (TTM As of Mar. 2024)

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What is Mullen Automotive Change In Inventory?

Mullen Automotive's change in inventory for the quarter that ended in Mar. 2024 was €-2.06 Mil. It means Mullen Automotive's inventory increased by €2.06 Mil from Dec. 2023 to Mar. 2024 .

Mullen Automotive's change in inventory for the fiscal year that ended in Sep. 2023 was €-15.75 Mil. It means Mullen Automotive's inventory increased by €15.75 Mil from Sep. 2022 to Sep. 2023 .

Mullen Automotive's Total Inventories for the quarter that ended in Mar. 2024 was €30.33 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mullen Automotive's Days Inventory for the quarter that ended in Mar. 2024 was 222,402.86.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mullen Automotive's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.00.

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. Mullen Automotive's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 974.92.

Mullen Automotive Change In Inventory Historical Data

The historical data trend for Mullen Automotive's Change In 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.

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Mullen Automotive Change In Inventory Chart

Mullen Automotive Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Inventory

-0.06

-0.01

-0.07

-15.75

Mullen Automotive Quarterly Data
	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial												-	-	-	-12.76	-2.06

Mullen Automotive Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-14.82 Mil.

Mullen Automotive (HAM:1N50) Change In Inventory Explanation

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

Mullen Automotive's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	29.2475	/	0.012	*	365 / 4
	=	222,402.86

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

Mullen Automotive's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.012	/	29.2475
	=	0.00

3. 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.

Mullen Automotive's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	29.2475	/	0.03
	=	974.92

Mullen Automotive Change In Inventory Related Terms

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Mullen Automotive (HAM:1N50) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Mullen Automotive Inc (HAM:1N50) » Definitions » Change In Inventory

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Traded in Other Exchanges

MULN:USA 1N50:Germany

Address

1405 Pioneer Street, Brea, CA, USA, 92821

Website

https://www.mullenusa.com

Mullen Automotive Inc is engaged in manufacturing electric vehicles and energy solutions. The company strives to make electric vehicles more accessible by building an end-to-end ecosystem that takes care of all aspects of electric vehicle ownership. The Company owns and partners with several synergistic businesses, all working towards the same goal of creating clean and scalable electric vehicles and energy solutions. The company has two segments Bollinger and Mullen/ELMS, which generates revenue.

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