LMPX (LMP Automotive Holdings) Days Inventory: 42.68 (As of Sep. 2021)


LMPX LMP Automotive Holdings Inc LMPX
18 GF Score
Price $0.08
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What is LMP Automotive Holdings Days Inventory?

LMP Automotive Holdings LMPX 18 Days Inventory is 42.68 as of Sep. 2021. GuruFocus rates LMPX with a GF Score™ of 18/100.

Days Inventory is also known as Days Sales of Inventory (DSI). LMP Automotive Holdings's Average Total Inventories for the three months ended in Sep. 2021 was $53.3 Mil. LMP Automotive Holdings's Cost of Goods Sold for the three months ended in Sep. 2021 was $113.8 Mil. Hence, LMP Automotive Holdings's Days Inventory for the three months ended in Sep. 2021 was 42.68.

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

LMPX's Days Inventory is not ranked *
in the Vehicles & Parts industry.
Industry Median: 80.26
* Ranked among companies with meaningful Days Inventory only.

LMP Automotive Holdings's Days Inventory declined from Sep. 2020 (75.46) to Sep. 2021 (42.68).

Inventory Turnover measures how fast the company turns over its inventory within a year. LMP Automotive Holdings's Inventory Turnover for the three months ended in Sep. 2021 was 2.14.

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. LMP Automotive Holdings's Inventory-to-Revenue for the three months ended in Sep. 2021 was 0.38.


LMP Automotive Holdings  (OTCPK:LMPX) 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.

LMP Automotive Holdings's Inventory Turnover for the three months ended in Sep. 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.

LMP Automotive Holdings's Inventory to Revenue for the three months ended in Sep. 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.


LMP Automotive Holdings Days Inventory Related Terms


LMP Automotive Holdings Days Inventory Historical Data

* Premium members only.

The historical data trend for LMP Automotive 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.

LMP Automotive Holdings Days Inventory Chart

LMP Automotive Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20
Days Inventory
337.86 149.94 358.07 123.50

LMP Automotive Holdings Quarterly Data
Dec17 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 75.46 211.59 118.80 49.45 42.68

LMPX vs LOTZ, JZXN, KFS: Days Inventory Comparison

For the Auto & Truck Dealerships subindustry, LMP Automotive 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.


LMP Automotive Holdings Days Inventory vs Vehicles & Parts Industry

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

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


LMPX
18GF Score
LMP Automotive Holdings Inc LMPX
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LMP Automotive Holdings Days Inventory Calculation

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

LMP Automotive Holdings'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
=( (10.036 + 8.498) / 2 ) / 27.388*365
=9.267 / 27.388*365
=123.50

LMP Automotive Holdings's Days Inventory for the quarter that ended in Sep. 2021 is calculated as:

Days Inventory (Q: Sep. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2021 ) + Total Inventories (Q: Sep. 2021 )) / count ) / Cost of Goods Sold (Q: Sep. 2021 )*Days in Period
=( (61.264 + 45.24) / 2 ) / 113.843*365 / 4
=53.252 / 113.843*365 / 4
=42.68

* 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 42.68 mean?
LMP Automotive Holdings (LMPX) has a Days Inventory of 42.68 as of Sep. 2021. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on LMP Automotive Holdings and its competitors.
Is LMP Automotive Holdings' Days Inventory too high?
LMP Automotive Holdings' current Days Inventory is 42.68. The Vehicles & Parts industry median Days Inventory is 80.26. LMP Automotive Holdings' value of 42.68 is 46.8% below this industry median. Overall, LMP Automotive Holdings has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does LMP Automotive Holdings' Days Inventory compare to LOTZ and JZXN?
LMP Automotive Holdings' Days Inventory of 42.68 can be compared against companies in the Vehicles & Parts industry. The industry median Days Inventory is 80.26. LMP Automotive Holdings' value of 42.68 is 46.8% below 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 Vehicles & Parts company?
The median Days Inventory among Vehicles & Parts companies is 80.26, based on 1,292 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. LMP Automotive Holdings's current Days Inventory of 42.68 is 46.8% below 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 LMP Automotive Holdings and its competitors. For the Vehicles & Parts industry, the median Days Inventory is 80.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LMP Automotive Holdings's current Days Inventory is 42.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LMP Automotive Holdings stock overvalued right now?
LMP Automotive Holdings (LMPX) has a current Days Inventory of 42.68. The current Days Inventory is 42.68 and 46.8% below the Vehicles & Parts industry median of 80.26. LMP Automotive Holdings' overall GF Score™ is 18/100. 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 LMP Automotive Holdings (LMPX), the current Days Inventory is 42.68 as of Sep. 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.

LMP Automotive Holdings Business Description

Address 500 East Broward Boulevard, Suite 1900, Fort Lauderdale, FL, USA, 33394
LMP Automotive Holdings Inc is an e-commerce and facilities-based retail platform for consumers who desire to buy, sell, rent, subscribe for or finance pre-owned and new automobiles. Its business model is described as Buy, Rent or Subscribe, Sell and Repeat. The company offer sales of pre-owned automobiles, and rentals and subscriptions for both pre-owned and new automobiles.
18GF Score

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