The historical rank and industry rank for Mullen Automotive's Days Inventory or its related term are showing as below:
MULN'
s Days Inventory Range Over the Past 10 Years
Min: 22388.89 Med: 22388.89 Max: 25332.27
Current: 25332.27
During the past 5 years, Mullen Automotive's highest Days Inventory was 25332.27. The lowest was 22388.89. And the median was 22388.89.
MULN's Days Inventory is ranked worse than 100% of 1257
companies
in the Vehicles & Parts industry
Industry Median: 80.93
vs MULN: 25332.27
Mullen Automotive's Days Inventory
increased
from Mar. 2023 (0.00) to Mar. 2024 (223,499.33).
It might indicate that Mullen Automotive's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Mullen Automotive's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.00.
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.
Mullen Automotive's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 964.88.
Mullen Automotive Days Inventory Historical Data
The historical data trend for Mullen Automotive'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 Mullen Automotive's Days Inventory
For the Auto Manufacturers subindustry, Mullen Automotive'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.
Mullen Automotive's Days Inventory Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Mullen Automotive's Days Inventory distribution charts can be found below:
* The bar in red indicates where Mullen Automotive's Days Inventory falls into.
Mullen Automotive Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Mullen Automotive's Days Inventory for the fiscal year that ended in Sep. 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.
Mullen Automotive (NAS:MULN) 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.
Mullen Automotive's Inventory Turnover for the
three
months ended in Mar. 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.
Mullen Automotive's Inventory to Revenue for the
three
months ended in Mar. 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.
Mullen Automotive Days Inventory Related Terms
Thank you for viewing the detailed overview of Mullen Automotive's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Mullen Automotive (Mullen Automotive) Business Description
Mullen Automotive Inc is engaged in manufacturing electric vehicles and energy solutions. The company strives to make electric vehicles more accessible by building an end-to-end ecosystem that takes care of all aspects of electric vehicle ownership. The Company owns and partners with several synergistic businesses, all working towards the same goal of creating clean and scalable electric vehicles and energy solutions. The company has two segments Bollinger and Mullen/ELMS, which generates revenue.
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