Movella Holdings (Movella Holdings) Days Inventory : 150.55 (As of Jun. 2023)

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What is Movella Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Movella Holdings's Average Total Inventories for the three months ended in Jun. 2023 was $6.46 Mil. Movella Holdings's Cost of Goods Sold for the three months ended in Jun. 2023 was $3.92 Mil. Hence, Movella Holdings's Days Inventory for the three months ended in Jun. 2023 was 150.55.

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

MVLA' s Days Inventory Range Over the Past 10 Years
Min: 79.38 Med: 79.38 Max: 162.07
Current: 162.07

During the past 3 years, Movella Holdings's highest Days Inventory was 162.07. The lowest was 79.38. And the median was 79.38.

MVLA's Days Inventory is ranked worse than
87.6% of 1565 companies
in the Software industry
Industry Median: 19.61 vs MVLA: 162.07

Movella Holdings's Days Inventory increased from Mar. 2022 (88.01) to Jun. 2023 (150.55). It might indicate that Movella Holdings'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. Movella Holdings's Inventory Turnover for the three months ended in Jun. 2023 was 0.61.

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. Movella Holdings's Inventory-to-Revenue for the three months ended in Jun. 2023 was 0.77.

Movella Holdings Days Inventory Historical Data

The historical data trend for Movella 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.

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Movella Holdings Days Inventory Chart

Movella Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Days Inventory

79.38

Movella Holdings Quarterly Data
	Dec20	Jun21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23
Days Inventory	Get a 7-Day Free Trial			88.01	138.30	83.74	149.92	150.55

Competitive Comparison of Movella Holdings's Days Inventory

For the Software - Application subindustry, Movella 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.

Movella Holdings's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Movella Holdings's Days Inventory distribution charts can be found below:

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

Movella Holdings Days Inventory Calculation

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

Movella Holdings's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (4.535	+	5.164)	/	2 )	/	-19.172	*	365
=	4.8495					/	-19.172	*	365
=	N/A

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

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (6.57	+	6.348)	/	2 )	/	3.915	*	365 / 4
=	6.459					/	3.915	*	365 / 4
=	150.55

Movella Holdings (OTCPK:MVLA) 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.

Movella Holdings's Inventory Turnover for the three months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.915	/	6.459
	=	0.61

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.

Movella Holdings's Inventory to Revenue for the three months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.459	/	8.359
	=	0.77

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.

Movella Holdings Days Inventory Related Terms

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

Movella Holdings (Movella Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Movella Holdings Inc (OTCPK:MVLA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

3535 Executive Terminal Drive, Suite 110, Henderson, NV, USA, 89052

Website

https://www.movella.com

Movella Holdings Inc is a full-stack provider of sensors, software, and analytics that enable the digitization of movement. It serves the entertainment, health & sports, and automation & mobility markets.

Executives

Ben A Lee	director, officer: See Remarks	3408 GARRETT DRIVE, SANTA CLARA CA 95054
Stephen M Smith	officer: Chief Financial Officer
Boele De Bie	officer: Chief Operating Officer	C/O MOVELLA INC., 2570 NORTH FIRST STREET, SUITE 300, SAN JOSE CA 95131
Industry Ventures Tech Buyout, Lp	10 percent owner	30 HOTALING PLACE, 3RD FLOOR, SAN FRANCISCO CA 94111
Fp Credit Partners Phoenix Ii, L.p.	10 percent owner	ONE LETTERMAN DR, BUILDING C - STE 410, SAN FRANCISCO CA 94129
Fp Credit Partners Gp Ii, L.p.	10 percent owner	ONE LETTERMAN DR, BUILDING C - STE 410, SAN FRANCISCO CA 94129
Fp Credit Partners Ii, L.p.	10 percent owner	ONE LETTERMAN DR, BUILDING C - STE 410, SAN FRANCISCO CA 94129
Fp Credit Partners Gp Ii Management, Llc	10 percent owner	ONE LETTERMAN DR, BUILDING C - STE 410, SAN FRANCISCO CA 94129
Iv Tech Buyout Gp, Llc	10 percent owner	1950 UNIVERSITY AVENUE, SUITE 350, PALO ALTO CA 94303
Arrowhead Holdings, Llc / New	10 percent owner	1950 UNIVERSITY AVENUE, SUITE 350, PALO ALTO CA 94303
Hggc Pathfinder Holdings I, Llc	10 percent owner	1950 UNIVERSITY AVENUE, SUITE 350, PALO ALTO CA 94303
Pathfinder Acquisition Llc	10 percent owner	1950 UNIVERSITY AVENUE, PALO ALTO CA 94303
Chung David H S	director	10900 NE 8TH STREET, SUITE 800, BELLEVUE WA 98004
Eric Salzman	director	C/O 8X8 INC., 675 CREEKSIDE WAY, CAMPCALL CA 95008
Wen Hsuan Hsieh	director	C/O DESKTOP METAL, INC., 63 THIRD AVENUE, BURLINGTON MA 01803