ELMSQ (Electric Last Mile Solutions) Days Inventory: 2,861.10 (As of Sep. 2021)


What is Electric Last Mile Solutions Days Inventory?

Electric Last Mile Solutions ELMSQ +27.27% Days Inventory is 2,861.10 as of Sep. 2021.

Days Inventory is also known as Days Sales of Inventory (DSI). Electric Last Mile Solutions's Average Total Inventories for the three months ended in Sep. 2021 was $4.20 Mil. Electric Last Mile Solutions's Cost of Goods Sold for the three months ended in Sep. 2021 was $0.13 Mil. Hence, Electric Last Mile Solutions's Days Inventory for the three months ended in Sep. 2021 was 2,861.10.

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

ELMSQ's Days Inventory is not ranked *
in the Vehicles & Parts industry.
Industry Median: 80.53
* Ranked among companies with meaningful Days Inventory only.

Electric Last Mile Solutions's Days Inventory increased from . 20 (0.00) to Sep. 2021 (2,861.10). It might indicate that Electric Last Mile Solutions's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Electric Last Mile Solutions's Inventory Turnover for the three months ended in Sep. 2021 was 0.03.

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 Last Mile Solutions's Inventory-to-Revenue for the three months ended in Sep. 2021 was 30.89.

Electric Last Mile Solutions  (OTCPK:ELMSQ) 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 Last Mile Solutions's Inventory Turnover for the three months ended in Sep. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.134 / 4.2015
=0.03

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 Last Mile Solutions's Inventory to Revenue for the three months ended in Sep. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=4.2015 / 0.136
=30.89

* 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 Last Mile Solutions Days Inventory Related Terms

Electric Last Mile Solutions Days Inventory Historical Data

* Premium members only.

The historical data trend for Electric Last Mile Solutions'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 Last Mile Solutions Days Inventory Chart

Electric Last Mile Solutions Annual Data
Trend
Days Inventory

Electric Last Mile Solutions Quarterly Data
Jun21 Sep21
Days Inventory 0.00 2,861.10

ELMSQ vs EVTV, AYRO, VLCN: Days Inventory Comparison

For the Auto Manufacturers subindustry, Electric Last Mile Solutions'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 Last Mile Solutions Days Inventory vs Vehicles & Parts Industry

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

* The bar in red indicates where Electric Last Mile Solutions's Days Inventory falls into.


Electric Last Mile Solutions Days Inventory Calculation

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

Electric Last Mile Solutions's Days Inventory for the fiscal year that ended in . 20 is calculated as

Days Inventory (A: . 20 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: . 20 ) + Total Inventories (A: . 20 )) / count ) / Cost of Goods Sold (A: . 20 )*Days in Period
=( ( + ) / 1 ) / *365
=0 / *365
=N/A

Electric Last Mile Solutions's Days Inventory for the quarter that ended in Sep. 2021 is calculated as:

Days Inventory (Q: Sep. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2021 ) + Total Inventories (Q: Sep. 2021 )) / count ) / Cost of Goods Sold (Q: Sep. 2021 )*Days in Period
=( (0.824 + 7.579) / 2 ) / 0.134*365 / 4
=4.2015 / 0.134*365 / 4
=2,861.10

* 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 2,861.10 mean?
Electric Last Mile Solutions (ELMSQ) has a Days Inventory of 2,861.10 as of Sep. 2021. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Electric Last Mile Solutions and its competitors.
Is Electric Last Mile Solutions' Days Inventory too high?
Electric Last Mile Solutions' current Days Inventory is 2,861.10. The Vehicles & Parts industry median Days Inventory is 80.53. Electric Last Mile Solutions' value of 2,861.10 is 3452.8% above this industry median.
How does Electric Last Mile Solutions' Days Inventory compare to EVTV and AYRO?
Electric Last Mile Solutions' Days Inventory of 2,861.10 can be compared against companies in the Vehicles & Parts industry. The industry median Days Inventory is 80.53. Electric Last Mile Solutions' value of 2,861.10 is 3452.8% above 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 80.53, based on 1,295 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 Last Mile Solutions's current Days Inventory of 2,861.10 is 3452.8% above 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 Last Mile Solutions and its competitors. For the Vehicles & Parts industry, the median Days Inventory is 80.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electric Last Mile Solutions's current Days Inventory is 2,861.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electric Last Mile Solutions stock overvalued right now?
Electric Last Mile Solutions (ELMSQ) has a current Days Inventory of 2,861.10. The current Days Inventory is 2,861.10 and 3452.8% above the Vehicles & Parts industry median of 80.53. 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 Last Mile Solutions (ELMSQ), the current Days Inventory is 2,861.10 as of Sep. 2021. 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 Last Mile Solutions Business Description

Address 1055 West Square Lake Road, Troy, MI, USA, 48098
Electric Last Mile Solutions Inc is focused on redefining the last mile with efficient, connected, and customizable solutions. Its first vehicle, the Urban Delivery, is anticipated to be the first Class 1 commercial electric vehicle in the U.S. market.