Proterra (MEX:PTRA) Inventory Turnover: 0.35 (As of Sep. 2023)

What is Proterra Inventory Turnover?

Proterra MEX:PTRA 16 Inventory Turnover is 0.35 as of Sep. 2023. GuruFocus rates MEX:PTRA with a GF Score™ of 16/100.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Proterra's Cost of Goods Sold for the three months ended in Sep. 2023 was MXN1,700 Mil. Proterra's Average Total Inventories for the quarter that ended in Sep. 2023 was MXN4,801 Mil. Proterra's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Proterra's Days Inventory for the three months ended in Sep. 2023 was 257.75.

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. Proterra's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 3.20.

Proterra (MEX:PTRA) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Proterra's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	4801.024	/	1699.701	*	365 / 4
	=	257.75

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.

Proterra's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	4801.024	/	1500.603
	=	3.20

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Proterra Inventory Turnover Related Terms

Proterra Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Proterra's Inventory Turnover can be seen below:

Proterra Inventory Turnover Chart

Proterra Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

0.00

2.05

2.36

2.30

Proterra Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial									0.62	0.59	0.44	0.39	0.35

16GF Score

Proterra Inc MEX:PTRA

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Proterra Inventory Turnover Calculation

Proterra's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	6499.09	/ (	(2350.002	+	3305.878)	/	2 )
=	6499.09	/	2827.94
=	2.30

Proterra's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	1699.701	/ (	(5010.253	+	4591.795)	/	2 )
=	1699.701	/	4801.024
=	0.35

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.35 mean?

Proterra (MEX:PTRA) has a Inventory Turnover of 0.35 as of Sep. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Proterra and its competitors.

Is Proterra's Inventory Turnover too high?

Proterra's current Inventory Turnover is 0.35. Overall, Proterra has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.

How does Proterra's Inventory Turnover compare to UGRO and CLEV?

Proterra's Inventory Turnover of 0.35 can be compared against companies in the Farm & Heavy Construction Machinery industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Inventory Turnover for a Farm & Heavy Construction Machinery company?

A good Inventory Turnover depends on the Farm & Heavy Construction Machinery industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Proterra and its competitors. Proterra's current Inventory Turnover is 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Proterra stock overvalued right now?

Proterra (MEX:PTRA) has a current Inventory Turnover of 0.35. The current Inventory Turnover is 0.35. Proterra's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Proterra (MEX:PTRA), the current Inventory Turnover is 0.35 as of Sep. 2023. 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.

Proterra Business Description

Industry Industrials Farm & Heavy Construction Machinery

Comparable Companies UGRO CLEV ARTW IDEX CEAD ZEVY AMMX HYFM XOS CAT DE PCAR OSTO:VOLV A TSE:6201 TSE:6301 XAMS:EXO OSTO:EPI A SHSE:600031 TSE:6326 CNHI

Address 1815 Rollins Road, Burlingame, CA, USA, 94010

Website https://www.proterra.com

Proterra Inc is a developer and producer of zero-emission electric vehicle and EV technology solutions for commercial applications. The company designs, develops, manufactures, and sells electric transit buses as an original equipment manufacturer for North American public transit agencies, airports, universities, and other commercial transit fleets. It also designs, develops, manufactures, sells, and integrates proprietary battery systems and electrification solutions for commercial vehicle manufacturers. Additionally, Proterra provides fleet-scale, high-power charging solutions for its customers. Geographically, it derives a majority of its revenue from the United States.

16GF Score

Get the complete analysis for MEX:PTRA

Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2.58

Price

View MEX:PTRA Analysis

See Inventory Turnover data for all stocks →