ELCR (Electric Car Co) Days Inventory: 31.75 (As of Sep. 2010)

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What is Electric Car Co Days Inventory?

Electric Car Co ELCR -99.00% Days Inventory is 31.75 as of Sep. 2010.

Days Inventory is also known as Days Sales of Inventory (DSI). Electric Car Co's Average Total Inventories for the three months ended in Sep. 2010 was $0.15 Mil. Electric Car Co's Cost of Goods Sold for the three months ended in Sep. 2010 was $0.42 Mil. Hence, Electric Car Co's Days Inventory for the three months ended in Sep. 2010 was 31.75.

The historical rank and industry rank for Electric Car Co's Days Inventory or its related term are showing as below:

ELCR's Days Inventory is not ranked *
in the Vehicles & Parts industry.
Industry Median: 80.43
* Ranked among companies with meaningful Days Inventory only.

Electric Car Co's Days Inventory declined from Sep. 2009 (71.18) to Sep. 2010 (31.75).

Inventory Turnover measures how fast the company turns over its inventory within a year. Electric Car Co's Inventory Turnover for the three months ended in Sep. 2010 was 2.87.

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. Electric Car Co's Inventory-to-Revenue for the three months ended in Sep. 2010 was 0.53.


Electric Car Co  (OTCPK:ELCR) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Electric Car Co's Inventory Turnover for the three months ended in Sep. 2010 is calculated as

2. 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.

Electric Car Co's Inventory to Revenue for the three months ended in Sep. 2010 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Electric Car Co Days Inventory Related Terms


Electric Car Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Electric Car Co's Days 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.

Electric Car Co Days Inventory Chart

Electric Car Co Annual Data
Trend Dec07 Dec08 Dec09
Days Inventory
365.00 312.86 32.04

Electric Car Co Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
Days 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 71.18 53.58 106.24 32.27 31.75

ELCR vs GKIT, GPVRF, SORL: Days Inventory Comparison

For the Auto Manufacturers subindustry, Electric Car Co's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Electric Car Co Days Inventory vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Electric Car Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Electric Car Co's Days Inventory falls into.



Electric Car Co Days Inventory Calculation

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

Electric Car Co's Days Inventory for the fiscal year that ended in Dec. 2009 is calculated as

Days Inventory (A: Dec. 2009 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2008 ) + Total Inventories (A: Dec. 2009 )) / count ) / Cost of Goods Sold (A: Dec. 2009 )*Days in Period
=( (0.006 + 0.188) / 2 ) / 1.105*365
=0.097 / 1.105*365
=32.04

Electric Car Co's Days Inventory for the quarter that ended in Sep. 2010 is calculated as:

Days Inventory (Q: Sep. 2010 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2010 ) + Total Inventories (Q: Sep. 2010 )) / count ) / Cost of Goods Sold (Q: Sep. 2010 )*Days in Period
=( (0.141 + 0.152) / 2 ) / 0.421*365 / 4
=0.1465 / 0.421*365 / 4
=31.75

* 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 Days Inventory →
What does a Days Inventory of 31.75 mean?
Electric Car Co (ELCR) has a Days Inventory of 31.75 as of Sep. 2010. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Electric Car Co and its competitors.
Is Electric Car Co's Days Inventory too high?
Electric Car Co's current Days Inventory is 31.75. The Vehicles & Parts industry median Days Inventory is 80.43. Electric Car Co's value of 31.75 is 60.5% below this industry median.
How does Electric Car Co's Days Inventory compare to GKIT and GPVRF?
Electric Car Co's Days Inventory of 31.75 can be compared against companies in the Vehicles & Parts industry. The industry median Days Inventory is 80.43. Electric Car Co's value of 31.75 is 60.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Vehicles & Parts company?
The median Days Inventory among Vehicles & Parts companies is 80.43, based on 1,290 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Electric Car Co's current Days Inventory of 31.75 is 60.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Electric Car Co and its competitors. For the Vehicles & Parts industry, the median Days Inventory is 80.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electric Car Co's current Days Inventory is 31.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electric Car Co stock overvalued right now?
Electric Car Co (ELCR) has a current Days Inventory of 31.75. The current Days Inventory is 31.75 and 60.5% below the Vehicles & Parts industry median of 80.43. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Electric Car Co (ELCR), the current Days Inventory is 31.75 as of Sep. 2010. 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.

Electric Car Co Business Description

Address 1903 North Barnes Avenue, Springfield, MO, USA, 65803
Electric Car Co Inc is a business development, marketing, and manufacturing company that specializes in the automotive vehicle market.