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GP (GreenPower Motor Co) Days Inventory : 443.22 (As of Dec. 2024)


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What is GreenPower Motor Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). GreenPower Motor Co's Average Total Inventories for the three months ended in Dec. 2024 was $29.95 Mil. GreenPower Motor Co's Cost of Goods Sold for the three months ended in Dec. 2024 was $6.17 Mil. Hence, GreenPower Motor Co's Days Inventory for the three months ended in Dec. 2024 was 443.22.

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

GP' s Days Inventory Range Over the Past 10 Years
Min: 203.45   Med: 385.29   Max: 251850
Current: 605.8

During the past 13 years, GreenPower Motor Co's highest Days Inventory was 251850.00. The lowest was 203.45. And the median was 385.29.

GP's Days Inventory is ranked worse than
97.06% of 204 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 138.765 vs GP: 605.80

GreenPower Motor Co's Days Inventory declined from Dec. 2023 (457.15) to Dec. 2024 (443.22).

Inventory Turnover measures how fast the company turns over its inventory within a year. GreenPower Motor Co's Inventory Turnover for the three months ended in Dec. 2024 was 0.21.

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. GreenPower Motor Co's Inventory-to-Revenue for the three months ended in Dec. 2024 was 4.15.


GreenPower Motor Co Days Inventory Historical Data

The historical data trend for GreenPower Motor 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.

* Premium members only.

GreenPower Motor Co Days Inventory Chart

GreenPower Motor Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 207.29 358.25 610.84 415.47 396.17

GreenPower Motor Co Quarterly Data
Mar20 Jun20 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 Premium Member Only Premium Member Only 457.15 579.47 1,080.81 611.03 443.22

Competitive Comparison of GreenPower Motor Co's Days Inventory

For the Farm & Heavy Construction Machinery subindustry, GreenPower Motor 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.


GreenPower Motor Co's Days Inventory Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, GreenPower Motor Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where GreenPower Motor Co's Days Inventory falls into.


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GreenPower Motor Co Days Inventory Calculation

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

GreenPower Motor Co's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (41.609 + 32.011) / 2 ) / 33.914*365
=36.81 / 33.914*365
=396.17

GreenPower Motor Co'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
=( (31.723 + 28.167) / 2 ) / 6.165*365 / 4
=29.945 / 6.165*365 / 4
=443.22

* 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.


GreenPower Motor Co  (NAS:GP) 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.

GreenPower Motor Co'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.

GreenPower Motor Co'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.


GreenPower Motor Co Days Inventory Related Terms

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


GreenPower Motor Co Business Description

Traded in Other Exchanges
Address
209 Carrall Street, Suite 240, Vancouver, BC, CAN, V6B 2J2
GreenPower Motor Co Inc is the manufacturer and distributor of all-electric charter, school, and city buses. The company offers electric-powered transit buses deploying electric drive and battery technologies with a lightweight chassis and low-floor body. Its product line includes all-electric transit buses, all-electric school buses, and shuttle buses. The company's buses depend on clean sheet design and utilize a custom battery management system and a proprietary flex power system for the drive motors. Geographically, the company generates a majority of its revenue from the United States of America and the rest from Canada.
Executives
Fraser Atkinson director, 10 percent owner, officer: CEO and Chairman C/O EQUUS TOTAL RETURN, INC., 8 GREENWAY PLAZA, SUITE 930, HOUSTON TX 77046