ADOMANI (FRA:A9T) Days Inventory: 193.04 (As of Mar. 2021) — 12% Below Median

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What is ADOMANI Days Inventory?

ADOMANI FRA:A9T Days Inventory is 193.04 as of Mar. 2021, which is 12% below its 10-year median of 219.94. The stock has 7 warning signs investors should review.

Days Inventory is also known as Days Sales of Inventory (DSI). ADOMANI's Average Total Inventories for the three months ended in Mar. 2021 was €0.56 Mil. ADOMANI's Cost of Goods Sold for the three months ended in Mar. 2021 was €0.26 Mil. Hence, ADOMANI's Days Inventory for the three months ended in Mar. 2021 was 193.04.

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

FRA:A9T' s Days Inventory Range Over the Past 10 Years
Min: 15.51   Med: 219.94   Max: 2292.2
Current: 362.69

During the past 9 years, ADOMANI's highest Days Inventory was 2292.20. The lowest was 15.51. And the median was 219.94.

FRA:A9T's Days Inventory is not ranked
in the Vehicles & Parts industry.
Industry Median: 80.43 vs FRA:A9T: 362.69

ADOMANI's Days Inventory declined from Mar. 2020 (616.96) to Mar. 2021 (193.04).

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. ADOMANI's Inventory Turnover for the three months ended in Mar. 2021 was 0.47.

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. ADOMANI's Inventory-to-Revenue for the three months ended in Mar. 2021 was 1.41.


ADOMANI  (FRA:A9T) 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.

ADOMANI's Inventory Turnover for the three months ended in Mar. 2021 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.

ADOMANI's Inventory to Revenue for the three months ended in Mar. 2021 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.


ADOMANI Days Inventory Related Terms


ADOMANI Days Inventory Historical Data

* Premium members only.

The historical data trend for ADOMANI'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.

ADOMANI Days Inventory Chart

ADOMANI Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Inventory
Get a 7-Day Free Trial Premium Member Only 2,314.26 219.90 16.17 15.52 539.44

ADOMANI Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 Premium Member Only Premium Member Only 616.96 527.50 317.98 1,348.22 193.04

FRA:A9T vs ZXAIY, CTIB, FNHI: Days Inventory Comparison

For the Auto Parts subindustry, ADOMANI'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.


ADOMANI Days Inventory vs Vehicles & Parts Industry

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

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



ADOMANI Days Inventory Calculation

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

ADOMANI's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

Days Inventory (A: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (0.445 + 0.291) / 2 ) / 0.249*365
=0.368 / 0.249*365
=539.44

ADOMANI's Days Inventory for the quarter that ended in Mar. 2021 is calculated as:

Days Inventory (Q: Mar. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2020 ) + Total Inventories (Q: Mar. 2021 )) / count ) / Cost of Goods Sold (Q: Mar. 2021 )*Days in Period
=( (0.291 + 0.826) / 2 ) / 0.264*365 / 4
=0.5585 / 0.264*365 / 4
=193.04

* 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 193.04 mean?
ADOMANI (FRA:A9T) has a Days Inventory of 193.04 as of Mar. 2021. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on ADOMANI and its competitors. This is 12% below median its historical median of 219.94. Over the past decade, ADOMANI's Days Inventory has ranged from 15.51 to 2,292.20.
Is ADOMANI's Days Inventory too high?
ADOMANI's current Days Inventory of 193.04 is 12% below median its 10-year median of 219.94. Over the past 10 years, this metric has ranged from a low of 15.51 to a high of 2,292.20. The Vehicles & Parts industry median Days Inventory is 80.43. ADOMANI's value of 193.04 is 140% above this industry median.
How does ADOMANI's Days Inventory compare to ZXAIY and CTIB?
ADOMANI's Days Inventory of 193.04 can be compared against companies in the Vehicles & Parts industry. The industry median Days Inventory is 80.43. ADOMANI's value of 193.04 is 140% above this benchmark. Historically, ADOMANI's own Days Inventory has ranged from 15.51 to 2,292.20 over the past decade. While the company's 10-year median is 219.94 vs. the industry median of 80.43, ADOMANI has consistently been above the industry average. 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. ADOMANI's current Days Inventory of 193.04 is 140% 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 ADOMANI 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. ADOMANI's current Days Inventory is 193.04, which is 12% below median its own 10-year median of 219.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ADOMANI stock overvalued right now?
ADOMANI (FRA:A9T) has a current Days Inventory of 193.04. The current Days Inventory is 193.04, which is 12% below median its 10-year median of 219.94 and 140% above 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 ADOMANI (FRA:A9T), the current Days Inventory is 193.04 as of Mar. 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.

ADOMANI Business Description

Address 1215 Graphite Drive, Corona, CA, USA, 92881
Envirotech Vehicles Inc designs zero-emission electric and hybrid drivetrain systems for integration in new school buses and medium to heavy-duty commercial fleet vehicles. The company also designs patented re-power conversion kits to replace conventional drivetrain systems for combustion powered vehicles with zero-emission electric or hybrid drivetrain systems. Its product range includes Cab Over Engine Trucks and Shuttle Bus Fleets.