LEVGQ (The Lion Electric Co) Total Inventories: $215.1 Mil (As of Sep. 2024)


LEVGQ The Lion Electric Co LEVGQ
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What is The Lion Electric Co Total Inventories?

The Lion Electric Co LEVGQ 12 Total Inventories is $215.1 Mil as of Sep. 2024. GuruFocus rates LEVGQ with a GF Score™ of 12/100.

The Lion Electric Co's total inventories for the quarter that ended in Sep. 2024 was $215.1 Mil. The Lion Electric Co's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $222.6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. The Lion Electric Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-1.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The Lion Electric Co's Days Inventory for the three months ended in Sep. 2024 was 436.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. The Lion Electric Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.21.

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. The Lion Electric Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 7.27.


The Lion Electric Co  (OTCPK:LEVGQ) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

The Lion Electric Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(26.288+0.75 * 48.725+0.5 * 215.103-499.765
-0-0)/226.218
=-1.46

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

The Lion Electric Co's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=222.561/46.58*365 / 4
=436.00

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

The Lion Electric Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=46.58 / 222.561
=0.21

4. 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.

The Lion Electric Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=222.561 / 30.627
=7.27

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


The Lion Electric Co Total Inventories Related Terms


The Lion Electric Co Total Inventories Historical Data

* Premium members only.

The historical data trend for The Lion Electric Co's Total Inventories 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.

The Lion Electric Co Total Inventories Chart

The Lion Electric Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
0.00 38.07 115.98 167.19 249.61

The Lion Electric Co Quarterly Data
May20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 234.96 249.61 237.45 230.02 215.10
LEVGQ
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The Lion Electric Co LEVGQ
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The Lion Electric Co Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $215.1 Mil mean?
The Lion Electric Co (LEVGQ) has a Total Inventories of $215.1 Mil as of Sep. 2024. The total amount of inventory as recorded on a company's balance sheet. View historical data for The Lion Electric Co and its competitors.
Is The Lion Electric Co's Total Inventories too high?
The Lion Electric Co's current Total Inventories is $215.1 Mil. Overall, The Lion Electric Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does The Lion Electric Co's Total Inventories compare to UGRO and NKLAQ?
The Lion Electric Co's Total Inventories of $215.1 Mil 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 Total Inventories for a Farm & Heavy Construction Machinery company?
A good Total Inventories depends on the Farm & Heavy Construction Machinery industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for The Lion Electric Co and its competitors. The Lion Electric Co's current Total Inventories is $215.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Lion Electric Co stock overvalued right now?
The Lion Electric Co (LEVGQ) has a current Total Inventories of $215.1 Mil. The current Total Inventories is $215.1 Mil. The Lion Electric Co's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For The Lion Electric Co (LEVGQ), the current Total Inventories is $215.1 Mil as of Sep. 2024. 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.

The Lion Electric Co Business Description

Address 921 chemin de la Riviere-du-Nord, Saint-Jerome, QC, CAN, J7Y 5G2
The Lion Electric Co. includes designing, developing, manufacturing and distributing purpose-built all-electric medium and heavy-duty urban vehicles including battery systems, chassis, bus bodies and truck cabins. The Group also distributes truck and bus parts and accessories. The Group has one reportable operating segment, the manufacturing and sales of electric vehicles in Canada and in the United States. Geographically, the majority of revenue is generated from Canada.
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