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Lucid Group (XBUL:CH2A) Total Inventories : лв703 Mil (As of Dec. 2024)


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What is Lucid Group Total Inventories?

Lucid Group's total inventories for the quarter that ended in Dec. 2024 was лв703 Mil. Lucid Group's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was лв788 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Lucid Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was лв-0.83.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lucid Group's Days Inventory for the three months ended in Dec. 2024 was 94.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lucid Group's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.97.

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. Lucid Group's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.95.


Lucid Group Total Inventories Historical Data

The historical data trend for Lucid Group'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.

* Premium members only.

Lucid Group Total Inventories Chart

Lucid Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial 1.80 219.28 1,437.88 1,199.78 702.69

Lucid Group Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1,199.78 974.76 878.66 873.41 702.69

Lucid Group 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.


Lucid Group  (XBUL:CH2A) 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.

Lucid Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6946.337+0.75 * 193.046+0.5 * 702.694-9951.933
-0-0)/3031.362
=-0.83

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

Lucid Group's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=788.053/763.824*365 / 4
=94.14

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

Lucid Group's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=763.824 / 788.053
=0.97

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.

Lucid Group's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=788.053 / 404.054
=1.95

* 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.


Lucid Group Total Inventories Related Terms

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Lucid Group Business Description

Traded in Other Exchanges
Address
7373 Gateway Boulevard, Newark, CA, USA, 94560
Lucid Group Inc is a technology and automotive company. It develops the next generation of electric vehicle (EV) technologies. It offers its own geographically distributed retail and service locations and through direct-to-consumer online and retail sales. It also boasts a product roadmap of future vehicle programs and technologies. It focuses on in-house hardware and software innovation, vertical integration, and a clean-sheet approach to engineering and design led to the development of the Lucid Air. The Lucid Air is a luxury sedan that redefines both the luxury car segment and the EV space. Its geographic segments include North America, the Middle East, and Other International.

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