LOT (Lotus Technology) Days Inventory : 130.68 (As of Sep. 2024)

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What is Lotus Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lotus Technology's Average Total Inventories for the three months ended in Sep. 2024 was $353 Mil. Lotus Technology's Cost of Goods Sold for the three months ended in Sep. 2024 was $247 Mil. Hence, Lotus Technology's Days Inventory for the three months ended in Sep. 2024 was 130.68.

The historical rank and industry rank for Lotus Technology's Days Inventory or its related term are showing as below:

LOT' s Days Inventory Range Over the Past 10 Years
Min: 91.09 Med: 231.24 Max: 621.41
Current: 118

During the past 3 years, Lotus Technology's highest Days Inventory was 621.41. The lowest was 91.09. And the median was 231.24.

LOT's Days Inventory is ranked worse than
71.41% of 1266 companies
in the Vehicles & Parts industry
Industry Median: 80.545 vs LOT: 118.00

Lotus Technology's Days Inventory increased from Sep. 2023 (71.52) to Sep. 2024 (130.68). It might indicate that Lotus Technology's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lotus Technology's Inventory Turnover for the three months ended in Sep. 2024 was 0.70.

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. Lotus Technology's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.39.

Lotus Technology Days Inventory Historical Data

The historical data trend for Lotus Technology'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.

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Lotus Technology Days Inventory Chart

Lotus Technology Annual Data

Trend

Dec21

Dec22

Dec23

Days Inventory

231.24

621.41

91.09

Lotus Technology Quarterly Data
	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial					71.52	82.69	202.52	168.21	130.68

Competitive Comparison of Lotus Technology's Days Inventory

For the Auto Manufacturers subindustry, Lotus Technology'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.

Lotus Technology's Days Inventory Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Lotus Technology's Days Inventory falls into.

Lotus Technology Days Inventory Calculation

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

Lotus Technology'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
=	( (22.703	+	265.19)	/	2 )	/	576.827	*	365
=	143.9465					/	576.827	*	365
=	91.09

Lotus Technology'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
=	( (385.2	+	320.834)	/	2 )	/	246.505	*	365 / 4
=	353.017					/	246.505	*	365 / 4
=	130.68

Lotus Technology (NAS:LOT) 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.

Lotus Technology's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	246.505	/	353.017
	=	0.70

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.

Lotus Technology's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	353.017	/	254.708
	=	1.39

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.

Lotus Technology Days Inventory Related Terms

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

Lotus Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lotus Technology Inc (NAS:LOT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

5EP:Germany

Address

No. 800 Century Avenue, Pudong District, Shanghai, CHN, 200120

Website

https://www.group-lotus.com

Lotus Technology Inc is a battery electric vehicle (BEV) maker that designs, develops, and sells BEV lifestyle vehicles under the Lotus brand. The Group is also a distributor that sells luxury sports cars under the Lotus brand. It also provides other sales and ancillary services to customers.