GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lobo EV Technologies Ltd (NAS:LOBO) » Definitions » Days Inventory

Lobo EV Technologies (Lobo EV Technologies) Days Inventory : 0.00 (As of Dec. 2023)


View and export this data going back to 2024. Start your Free Trial

What is Lobo EV Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lobo EV Technologies's Average Total Inventories for the three months ended in Dec. 2023 was $5.26 Mil. Lobo EV Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.00 Mil.

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

During the past 4 years, Lobo EV Technologies's highest Days Inventory was 131.40. The lowest was 69.32. And the median was 89.37.

LOBO's Days Inventory is not ranked *
in the Vehicles & Parts industry.
Industry Median: 80.85
* Ranked among companies with meaningful Days Inventory only.

Lobo EV Technologies's Days Inventory stayed the same from Dec. 2021 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Lobo EV Technologies's Inventory Turnover for the three months ended in Dec. 2023 was 0.00.

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.

Lobo EV Technologies Days Inventory Historical Data

The historical data trend for Lobo EV Technologies'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.

Lobo EV Technologies Days Inventory Chart

Lobo EV Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
108.70 70.04 69.32 131.40

Lobo EV Technologies Quarterly Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial - - - - -

Competitive Comparison of Lobo EV Technologies's Days Inventory

For the Auto Manufacturers subindustry, Lobo EV Technologies'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.

Lobo EV Technologies's Days Inventory Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Lobo EV Technologies's Days Inventory falls into.


Lobo EV Technologies Days Inventory Calculation

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

Lobo EV Technologies'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
=( (3.814 + 5.738) / 2 ) / 13.267*365
=4.776 / 13.267*365
=131.40

Lobo EV Technologies's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (4.79 + 5.738) / 2 ) / 0*365 / 4
=5.264 / 0*365 / 4
=N/A

* 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.

Lobo EV Technologies  (NAS:LOBO) 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.

Lobo EV Technologies's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0 / 5.264
=0.00

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.

Lobo EV Technologies's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=5.264 / 0
=

* 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.

Lobo EV Technologies Days Inventory Related Terms

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

Lobo EV Technologies (Lobo EV Technologies) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lobo EV Technologies Ltd (NAS:LOBO) » Definitions » Days Inventory
Comparable Companies
Traded in Other Exchanges
N/A
Address
Website
https://www.loboebike.com
Lobo EV Technologies Ltd is an electric vehicles manufacturer and seller company. It design, develop, manufacture and sell e-bicycles, e-mopeds, e-tricycles, and electric off-highway four-wheeled shuttles such as golf carts and mobility scooters for the elderly and disabled persons, also provide automobile information and entertainment software development and design services to customers. The company operates in two operating segments: Electric vehicles and accessories sales, and software royalties and development and design services.

Lobo EV Technologies (Lobo EV Technologies) Headlines

From GuruFocus

LOBO EV and Biotricity Interviews to Air on the RedChip Small Stocks, Big Money(TM) Show on Bloomberg TV

By ACCESSWIRE • 03-28-2024