LICYF (Li-Cycle Holdings) Days Inventory: 44.44 (As of Dec. 2024)

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LICYF Li-Cycle Holdings Corp LICYF
16 GF Score
Price $0.09
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What is Li-Cycle Holdings Days Inventory?

Li-Cycle Holdings LICYF -0.01% 16 Days Inventory is 44.44 as of Dec. 2024. GuruFocus rates LICYF with a GF Score™ of 16/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Li-Cycle Holdings's Average Total Inventories for the three months ended in Dec. 2024 was $9.40 Mil. Li-Cycle Holdings's Cost of Goods Sold for the three months ended in Dec. 2024 was $19.30 Mil. Hence, Li-Cycle Holdings's Days Inventory for the three months ended in Dec. 2024 was 44.44.

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

LICYF's Days Inventory is not ranked *
in the Waste Management industry.
Industry Median: 28.49
* Ranked among companies with meaningful Days Inventory only.

Li-Cycle Holdings's Days Inventory increased from Dec. 2023 (27.50) to Dec. 2024 (44.44). It might indicate that Li-Cycle Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Li-Cycle Holdings's Inventory Turnover for the three months ended in Dec. 2024 was 2.05.

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. Li-Cycle Holdings's Inventory-to-Revenue for the three months ended in Dec. 2024 was 1.34.


Li-Cycle Holdings  (OTCPK:LICYF) 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.

Li-Cycle 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.

Li-Cycle 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.


Li-Cycle Holdings Days Inventory Related Terms


Li-Cycle Holdings Days Inventory Historical Data

* Premium members only.

The historical data trend for Li-Cycle 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.

Li-Cycle Holdings Days Inventory Chart

Li-Cycle Holdings Annual Data
Trend Oct19 Oct20 Oct21 Oct22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial 113.67 20.31 33.18 38.15 45.74

Li-Cycle Holdings Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 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 27.50 49.16 41.39 41.75 44.44

LICYF vs SNRG, AQMS, SENR: Days Inventory Comparison

For the Waste Management subindustry, Li-Cycle 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.


Li-Cycle Holdings Days Inventory vs Waste Management Industry

For the Waste Management industry and Industrials sector, Li-Cycle Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Li-Cycle Holdings's Days Inventory falls into.


LICYF
16GF Score
Li-Cycle Holdings Corp LICYF
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Li-Cycle Holdings Days Inventory Calculation

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

Li-Cycle 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
=( (9.6 + 9.6) / 2 ) / 76.6*365
=9.6 / 76.6*365
=45.74

Li-Cycle 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
=( (9.2 + 9.6) / 2 ) / 19.3*365 / 4
=9.4 / 19.3*365 / 4
=44.44

* 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 44.44 mean?
Li-Cycle Holdings (LICYF) has a Days Inventory of 44.44 as of Dec. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Li-Cycle Holdings and its competitors.
Is Li-Cycle Holdings' Days Inventory too high?
Li-Cycle Holdings' current Days Inventory is 44.44. The Waste Management industry median Days Inventory is 28.49. Li-Cycle Holdings' value of 44.44 is 56% above this industry median. Overall, Li-Cycle Holdings has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Li-Cycle Holdings' Days Inventory compare to SNRG and AQMS?
Li-Cycle Holdings' Days Inventory of 44.44 can be compared against companies in the Waste Management industry. The industry median Days Inventory is 28.49. Li-Cycle Holdings' value of 44.44 is 56% 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 Waste Management company?
The median Days Inventory among Waste Management companies is 28.49, based on 211 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. Li-Cycle Holdings's current Days Inventory of 44.44 is 56% 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 Li-Cycle Holdings and its competitors. For the Waste Management industry, the median Days Inventory is 28.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Li-Cycle Holdings's current Days Inventory is 44.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Li-Cycle Holdings stock overvalued right now?
Li-Cycle Holdings (LICYF) has a current Days Inventory of 44.44. The current Days Inventory is 44.44 and 56% above the Waste Management industry median of 28.49. Li-Cycle Holdings' overall GF Score™ is 16/100. 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 Li-Cycle Holdings (LICYF), the current Days Inventory is 44.44 as of Dec. 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.

Li-Cycle Holdings Business Description

Address 207 Queen’s Quay West, Suite 590, Toronto, ON, CAN, M5J 1A7
Li-Cycle Holdings Corp is a lithium-ion battery resource recovery and lithium-ion battery recycler. The company's proprietary process Spoke and Hub recycling process is designed at its Spokes, to process battery manufacturing scrap and end-of-life batteries to produce black mass and other intermediate products, and at its Hubs, to process black mass to recover raw materials, including but not limited to lithium carbonate, cobalt sulphate, and nickel sulphate.
16GF Score

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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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