LICYF (Li-Cycle Holdings) Change In Inventory: $-4.20 Mil (TTM As of Dec. 2024)

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LICYF Li-Cycle Holdings Corp LICYF
16 GF Score
Price $0.09
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What is Li-Cycle Holdings Change In Inventory?

Li-Cycle Holdings LICYF -0.01% 16 Change In Inventory is $-4.20 Mil as of Dec. 2024. GuruFocus rates LICYF with a GF Score™ of 16/100.

Li-Cycle Holdings's change in inventory for the quarter that ended in Dec. 2024 was $-6.40 Mil. It means Li-Cycle Holdings's inventory increased by $6.40 Mil from Sep. 2024 to Dec. 2024 .

Li-Cycle Holdings's change in inventory for the fiscal year that ended in Dec. 2024 was $-4.20 Mil. It means Li-Cycle Holdings's inventory increased by $4.20 Mil from Dec. 2023 to Dec. 2024 .

Li-Cycle Holdings's Total Inventories for the quarter that ended in Dec. 2024 was $9.60 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Li-Cycle Holdings's Days Inventory for the quarter that ended in Dec. 2024 was 44.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. Li-Cycle Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.05.

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. Li-Cycle Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.34.

Li-Cycle Holdings  (OTCPK:LICYF) Change In Inventory Explanation

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

Li-Cycle Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=9.4/19.3*365 / 4
=44.44

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

Li-Cycle Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=19.3 / 9.4
=2.05

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.

Li-Cycle Holdings's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=9.4 / 7
=1.34

* 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.

Li-Cycle Holdings Change In Inventory Related Terms

Li-Cycle Holdings Change In Inventory Historical Data

* Premium members only.

The historical data trend for Li-Cycle Holdings'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.

Li-Cycle Holdings Change In Inventory Chart

Li-Cycle Holdings Annual Data
Trend Oct19 Oct20 Oct21 Oct22 Dec23 Dec24
Change In Inventory
Get a 7-Day Free Trial -0.13 -3.90 -12.70 -8.70 -4.20

Li-Cycle Holdings Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Change In 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 -7.90 -0.40 1.20 1.40 -6.40
LICYF
16GF Score
Li-Cycle Holdings Corp LICYF
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Li-Cycle Holdings 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.20 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $-4.20 Mil mean?
Li-Cycle Holdings (LICYF) has a Change In Inventory of $-4.20 Mil as of Dec. 2024. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Li-Cycle Holdings and its competitors.
Is Li-Cycle Holdings' Change In Inventory too high?
Li-Cycle Holdings' current Change In Inventory is $-4.20 Mil. Overall, Li-Cycle Holdings has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Li-Cycle Holdings' Change In Inventory compare to SNRG and AQMS?
Li-Cycle Holdings' Change In Inventory of $-4.20 Mil can be compared against companies in the Waste Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Waste Management company?
A good Change In Inventory depends on the Waste Management industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Li-Cycle Holdings and its competitors. Li-Cycle Holdings's current Change In Inventory is $-4.20 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Li-Cycle Holdings stock overvalued right now?
Li-Cycle Holdings (LICYF) has a current Change In Inventory of $-4.20 Mil. The current Change In Inventory is $-4.20 Mil. Li-Cycle Holdings' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Li-Cycle Holdings (LICYF), the current Change In Inventory is $-4.20 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Li-Cycle Holdings Business Description

Address 207 Queen’s Quay West, Suite 590, Toronto, ON, CAN, M5J 1A7
Li-Cycle Holdings Corp is a lithium-ion battery resource recovery and lithium-ion battery recycler. The company's proprietary process Spoke and Hub recycling process is designed at its Spokes, to process battery manufacturing scrap and end-of-life batteries to produce black mass and other intermediate products, and at its Hubs, to process black mass to recover raw materials, including but not limited to lithium carbonate, cobalt sulphate, and nickel sulphate.
16GF Score

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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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