Mullen Automotive's change in inventory for the quarter that ended in Mar. 2024 was $-2.24 Mil. It means Mullen Automotive's inventory
increased by $2.24 Mil
from Dec. 2023 to Mar. 2024 .
Mullen Automotive's change in inventory for the fiscal year that ended in Sep. 2023 was $-16.81 Mil. It means Mullen Automotive's inventory
increased by $16.81 Mil
from Sep. 2022 to Sep. 2023 .
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 223,499.33.
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 964.88.
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.
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 $-16.16 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.
Mullen Automotive (NAS:MULN) 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:
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
* 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.
Mullen Automotive Change In Inventory Related Terms
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Mullen Automotive (Mullen Automotive) Business Description
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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