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Nikola's change in inventory for the quarter that ended in Dec. 2024 was MXN-591 Mil. It means Nikola's inventory
increased by MXN591 Mil
from Sep. 2024 to Dec. 2024 .
Nikola's change in inventory for the fiscal year that ended in Dec. 2024 was MXN-2,073 Mil. It means Nikola's inventory
increased by MXN2,073 Mil
from Dec. 2023 to Dec. 2024 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Nikola's Days Inventory for the quarter that ended in Dec. 2024 was 107.38.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Nikola's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.85.
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.
Nikola's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 14.77.
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.
Nikola's Inventory to Revenue for the quarter that ended in Dec. 2024 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.
Nikola Change In Inventory Related Terms
Nikola Change In Inventory Historical Data
* Premium members only.
The historical data trend for Nikola'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.
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 MXN-1,907 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.
What does a Change In Inventory of MXN-1,907 Mil mean?
Nikola (MEX:NKLA) has a Change In Inventory of MXN-1,907 Mil as of Dec. 2024. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Nikola and its competitors.
Is Nikola's Change In Inventory too high?
Nikola's current Change In Inventory is MXN-1,907 Mil. Overall, Nikola has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Nikola's Change In Inventory compare to NMHI and GP?
Nikola's Change In Inventory of MXN-1,907 Mil can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Change In Inventory depends on the Farm & Heavy Construction Machinery 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 Nikola and its competitors. Nikola's current Change In Inventory is MXN-1,907 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikola stock overvalued right now?
Nikola (MEX:NKLA) has a current Change In Inventory of MXN-1,907 Mil. The current Change In Inventory is MXN-1,907 Mil. Nikola's overall GF Score™ is 12/100. 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 Nikola (MEX:NKLA), the current Change In Inventory is MXN-1,907 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.
Nikola Corp is a technology innovator and integrator, working to develop inventive energy and transportation solutions. It works on a business model that enables customers and fleets to integrate next-generation truck technology, hydrogen fueling and charging infrastructure, and related maintenance. It operates in two business units: Truck and Energy. The Truck business unit is engaged in manufacturing and selling FCEV and BEV trucks that provide environmentally friendly, cost-effective solutions to the trucking sector. The Energy business unit is engaged in developing and constructing a network of hydrogen fueling stations to meet the hydrogen fuel demand for the company's customers, as well as other third-party customers.
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