Days Inventory is also known as Days Sales of Inventory (DSI). Phoenix Motor's Average Total Inventories for the
three
months ended in Jun. 2024 was $52.02 Mil. Phoenix Motor's Cost of Goods Sold for the
three
months ended in Jun. 2024 was $10.20 Mil.
Hence, Phoenix Motor's Days Inventory for the
three
months ended in Jun. 2024 was 465.28.
The historical rank and industry rank for Phoenix Motor's Days Inventory or its related term are showing as below:
PEV'
s Days Inventory Range Over the Past 10 Years
Min: 194.36 Med: 341.37 Max: 454.26
Current: 454.26
During the past 4 years, Phoenix Motor's highest Days Inventory was 454.26. The lowest was 194.36. And the median was 341.37.
PEV's Days Inventory is ranked worse than 97.79% of 1266
companies
in the Vehicles & Parts industry
Industry Median: 80.545
vs PEV: 454.26
Phoenix Motor's Days Inventory
increased
from Jun. 2023 (213.79) to Jun. 2024 (465.28).
It might indicate that Phoenix Motor's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Phoenix Motor's Inventory Turnover for the
three
months ended in Jun. 2024 was 0.20.
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.
Phoenix Motor's Inventory-to-Revenue for the
three
months ended in Jun. 2024 was 4.32.
Phoenix Motor Days Inventory Historical Data
The historical data trend for Phoenix Motor'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.
Competitive Comparison of Phoenix Motor's Days Inventory
For the Auto Manufacturers subindustry, Phoenix Motor'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.
Phoenix Motor's Days Inventory Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Phoenix Motor's Days Inventory distribution charts can be found below:
* The bar in red indicates where Phoenix Motor's Days Inventory falls into.
Phoenix Motor Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Phoenix Motor's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Phoenix Motor (NAS:PEV) 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.
Phoenix Motor's Inventory Turnover for the
three
months ended in Jun. 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.
Phoenix Motor's Inventory to Revenue for the
three
months ended in Jun. 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.
Phoenix Motor Days Inventory Related Terms
Thank you for viewing the detailed overview of Phoenix Motor's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Phoenix Motor Inc is an electrification solutions provider for the commercial vehicle industry as well as other industries. It designs, develops, manufactures, assembles, and integrates electric drive systems and light and medium-duty electric vehicles (EVs) and markets and sells electric vehicle chargers for the commercial and residential markets. The company operates two primary brands, Phoenix Motorcars, which focuses on commercial products including medium-duty electric vehicles, chargers, and electric forklifts, and EdisonFuture which intends to offer light-duty electric vehicles.
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