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Microvast Holdings (FRA:2OZA) Days Inventory : 185.49 (As of Dec. 2024)


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What is Microvast Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Microvast Holdings's Average Total Inventories for the three months ended in Dec. 2024 was €139.5 Mil. Microvast Holdings's Cost of Goods Sold for the three months ended in Dec. 2024 was €68.6 Mil. Hence, Microvast Holdings's Days Inventory for the three months ended in Dec. 2024 was 185.49.

The historical rank and industry rank for Microvast Holdings's Days Inventory or its related term are showing as below:

FRA:2OZA' s Days Inventory Range Over the Past 10 Years
Min: 92.22   Med: 171.24   Max: 207.76
Current: 207.76

During the past 6 years, Microvast Holdings's highest Days Inventory was 207.76. The lowest was 92.22. And the median was 171.24.

FRA:2OZA's Days Inventory is ranked worse than
91.36% of 1273 companies
in the Vehicles & Parts industry
Industry Median: 80.78 vs FRA:2OZA: 207.76

Microvast Holdings's Days Inventory increased from Dec. 2023 (156.33) to Dec. 2024 (185.49). It might indicate that Microvast Holdings's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Microvast Holdings's Inventory Turnover for the three months ended in Dec. 2024 was 0.49.

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. Microvast Holdings's Inventory-to-Revenue for the three months ended in Dec. 2024 was 1.29.


Microvast Holdings Days Inventory Historical Data

The historical data trend for Microvast Holdings'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.

* Premium members only.

Microvast Holdings Days Inventory Chart

Microvast Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial 181.61 89.22 125.45 173.05 201.34

Microvast Holdings Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only 156.33 203.91 233.06 212.06 185.49

Competitive Comparison of Microvast Holdings's Days Inventory

For the Auto Parts subindustry, Microvast Holdings'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.


Microvast Holdings's Days Inventory Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Microvast Holdings's Days Inventory falls into.


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Microvast Holdings Days Inventory Calculation

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

Microvast Holdings's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (137.32 + 136.877) / 2 ) / 248.538*365
=137.0985 / 248.538*365
=201.34

Microvast Holdings's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (142.15 + 136.877) / 2 ) / 68.633*365 / 4
=139.5135 / 68.633*365 / 4
=185.49

* 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.


Microvast Holdings  (FRA:2OZA) 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.

Microvast Holdings's Inventory Turnover for the three months ended in Dec. 2024 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.

Microvast Holdings's Inventory to Revenue for the three months 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.


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.


Microvast Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of Microvast Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Microvast Holdings Business Description

Traded in Other Exchanges
Address
12603 Southwest Freeway, Suite 300, Stafford, TX, USA, 77477
Microvast Holdings Inc is a technology innovator that designs, develops, and manufactures lithium-ion battery solutions. It is renowned for its cutting-edge cell technology and its vertical integration capabilities which extend from core battery chemistry to battery packs.

Microvast Holdings Headlines

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