GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » ECARX Holdings Inc (NAS:ECX) » Definitions » Days Inventory

ECARX Holdings (ECARX Holdings) Days Inventory : 12.28 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is ECARX Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ECARX Holdings's Average Total Inventories for the three months ended in Dec. 2023 was $27.1 Mil. ECARX Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $201.3 Mil. Hence, ECARX Holdings's Days Inventory for the three months ended in Dec. 2023 was 12.28.

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

ECX' s Days Inventory Range Over the Past 10 Years
Min: 18.69   Med: 30.35   Max: 41.55
Current: 19.02

During the past 4 years, ECARX Holdings's highest Days Inventory was 41.55. The lowest was 18.69. And the median was 30.35.

ECX's Days Inventory is ranked better than
96.18% of 1256 companies
in the Vehicles & Parts industry
Industry Median: 81.39 vs ECX: 19.02

ECARX Holdings's Days Inventory declined from Dec. 2022 (15.15) to Dec. 2023 (12.28).

Inventory Turnover measures how fast the company turns over its inventory within a year. ECARX Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 7.43.

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. ECARX Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.10.


ECARX Holdings Days Inventory Historical Data

The historical data trend for ECARX Holdings'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.

* Premium members only.

ECARX Holdings Days Inventory Chart

ECARX Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
- 41.55 30.35 18.69

ECARX Holdings Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.15 24.90 21.72 25.62 12.28

Competitive Comparison of ECARX Holdings's Days Inventory

For the Auto Parts subindustry, ECARX Holdings'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.


ECARX Holdings's Days Inventory Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where ECARX Holdings's Days Inventory falls into.



ECARX Holdings Days Inventory Calculation

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

ECARX Holdings'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
=( (26.188 + 22.518) / 2 ) / 475.634*365
=24.353 / 475.634*365
=18.69

ECARX Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (31.639 + 22.518) / 2 ) / 201.271*365 / 4
=27.0785 / 201.271*365 / 4
=12.28

* 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.


ECARX Holdings  (NAS:ECX) 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.

ECARX Holdings's Inventory Turnover for the three months ended in Dec. 2023 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.

ECARX Holdings's Inventory to Revenue for the three months 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.


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.


ECARX Holdings Days Inventory Related Terms

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


ECARX Holdings (ECARX Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1 St. Katharine’s Way, ECARX office, 2nd Floor South, International House, London, GBR, E1W 1UN
ECARX Holdings Inc is engaged in the sales of system-on-chip core modules, automotive computing platform products, software stacks as well as the provision of research and development services primarily in the People's Republic of China. The company's core products include infotainment head units, digital cockpits, vehicle chip-set solutions, a core operating system and integrated software stack. Beyond this, ECARX is developing a full-stack automotive computing platform. It is engaged in automotive intelligence and networking.
Executives
Jun Hong Heng director C/O CRESCENT COVE ACQUISITION CORP., 530 BUSH STREET, SUITE 703, SAN FRANCISCO CA 94108