LEVGQ (The Lion Electric Co) Days Inventory: 436.00 (As of Sep. 2024)


LEVGQ The Lion Electric Co LEVGQ
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What is The Lion Electric Co Days Inventory?

The Lion Electric Co LEVGQ 12 Days Inventory is 436.00 as of Sep. 2024. GuruFocus rates LEVGQ with a GF Score™ of 12/100.

Days Inventory is also known as Days Sales of Inventory (DSI). The Lion Electric Co's Average Total Inventories for the three months ended in Sep. 2024 was $222.6 Mil. The Lion Electric Co's Cost of Goods Sold for the three months ended in Sep. 2024 was $46.6 Mil. Hence, The Lion Electric Co's Days Inventory for the three months ended in Sep. 2024 was 436.00.

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

LEVGQ's Days Inventory is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 127.06
* Ranked among companies with meaningful Days Inventory only.

The Lion Electric Co's Days Inventory increased from Sep. 2023 (270.33) to Sep. 2024 (436.00). It might indicate that The Lion Electric Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. The Lion Electric Co's Inventory Turnover for the three months ended in Sep. 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. The Lion Electric Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 7.27.


The Lion Electric Co  (OTCPK:LEVGQ) 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.

The Lion Electric Co's Inventory Turnover for the three months ended in Sep. 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.

The Lion Electric Co's Inventory to Revenue for the three months ended in Sep. 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.


The Lion Electric Co Days Inventory Related Terms


The Lion Electric Co Days Inventory Historical Data

* Premium members only.

The historical data trend for The Lion Electric 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.

The Lion Electric Co Days Inventory Chart

The Lion Electric Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
0.00 685.31 487.55 338.08 293.67

The Lion Electric Co Quarterly Data
May20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 270.33 318.19 333.54 468.86 436.00

LEVGQ vs UGRO, NKLAQ, ARTW: Days Inventory Comparison

For the Farm & Heavy Construction Machinery subindustry, The Lion Electric 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.


The Lion Electric Co Days Inventory vs Farm & Heavy Construction Machinery Industry

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

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


LEVGQ
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The Lion Electric Co LEVGQ
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The Lion Electric Co Days Inventory Calculation

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

The Lion Electric Co's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (167.192 + 249.607) / 2 ) / 259.02*365
=208.3995 / 259.02*365
=293.67

The Lion Electric Co's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (230.019 + 215.103) / 2 ) / 46.58*365 / 4
=222.561 / 46.58*365 / 4
=436.00

* 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 436.00 mean?
The Lion Electric Co (LEVGQ) has a Days Inventory of 436.00 as of Sep. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on The Lion Electric Co and its competitors.
Is The Lion Electric Co's Days Inventory too high?
The Lion Electric Co's current Days Inventory is 436.00. The Farm & Heavy Construction Machinery industry median Days Inventory is 127.06. The Lion Electric Co's value of 436.00 is 243.1% above this industry median. Overall, The Lion Electric Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does The Lion Electric Co's Days Inventory compare to UGRO and NKLAQ?
The Lion Electric Co's Days Inventory of 436.00 can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median Days Inventory is 127.06. The Lion Electric Co's value of 436.00 is 243.1% 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 Farm & Heavy Construction Machinery company?
The median Days Inventory among Farm & Heavy Construction Machinery companies is 127.06, based on 208 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. The Lion Electric Co's current Days Inventory of 436.00 is 243.1% 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 The Lion Electric Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Inventory is 127.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Lion Electric Co's current Days Inventory is 436.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Lion Electric Co stock overvalued right now?
The Lion Electric Co (LEVGQ) has a current Days Inventory of 436.00. The current Days Inventory is 436.00 and 243.1% above the Farm & Heavy Construction Machinery industry median of 127.06. The Lion Electric Co's overall GF Score™ is 12/100. 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 The Lion Electric Co (LEVGQ), the current Days Inventory is 436.00 as of Sep. 2024. 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.

The Lion Electric Co Business Description

Address 921 chemin de la Riviere-du-Nord, Saint-Jerome, QC, CAN, J7Y 5G2
The Lion Electric Co. includes designing, developing, manufacturing and distributing purpose-built all-electric medium and heavy-duty urban vehicles including battery systems, chassis, bus bodies and truck cabins. The Group also distributes truck and bus parts and accessories. The Group has one reportable operating segment, the manufacturing and sales of electric vehicles in Canada and in the United States. Geographically, the majority of revenue is generated from Canada.
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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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