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Dragonfly Energy Holdings (Dragonfly Energy Holdings) Days Inventory : 349.19 (As of Mar. 2024)


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What is Dragonfly Energy Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dragonfly Energy Holdings's Average Total Inventories for the three months ended in Mar. 2024 was $36.18 Mil. Dragonfly Energy Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was $9.45 Mil. Hence, Dragonfly Energy Holdings's Days Inventory for the three months ended in Mar. 2024 was 349.19.

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

DFLI' s Days Inventory Range Over the Past 10 Years
Min: 81.68   Med: 175.03   Max: 346.09
Current: 346.09

During the past 4 years, Dragonfly Energy Holdings's highest Days Inventory was 346.09. The lowest was 81.68. And the median was 175.03.

DFLI's Days Inventory is ranked worse than
92.13% of 2911 companies
in the Industrial Products industry
Industry Median: 120.59 vs DFLI: 346.09

Dragonfly Energy Holdings's Days Inventory increased from Mar. 2023 (329.50) to Mar. 2024 (349.19). It might indicate that Dragonfly Energy 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. Dragonfly Energy Holdings's Inventory Turnover for the three months ended in Mar. 2024 was 0.26.

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. Dragonfly Energy Holdings's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.89.


Dragonfly Energy Holdings Days Inventory Historical Data

The historical data trend for Dragonfly Energy 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.

Dragonfly Energy Holdings Days Inventory Chart

Dragonfly Energy Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
81.68 124.78 225.28 331.72

Dragonfly Energy Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 329.50 288.64 347.14 437.98 349.19

Competitive Comparison of Dragonfly Energy Holdings's Days Inventory

For the Electrical Equipment & Parts subindustry, Dragonfly Energy 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.


Dragonfly Energy Holdings's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dragonfly Energy Holdings's Days Inventory distribution charts can be found below:

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



Dragonfly Energy Holdings Days Inventory Calculation

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

Dragonfly Energy 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
=( (50.189 + 38.778) / 2 ) / 48.946*365
=44.4835 / 48.946*365
=331.72

Dragonfly Energy Holdings's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (38.778 + 33.578) / 2 ) / 9.454*365 / 4
=36.178 / 9.454*365 / 4
=349.19

* 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.


Dragonfly Energy Holdings  (NAS:DFLI) 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.

Dragonfly Energy Holdings'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.

Dragonfly Energy Holdings'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.


Dragonfly Energy Holdings Days Inventory Related Terms

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


Dragonfly Energy Holdings (Dragonfly Energy Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1190 Trademark Drive, No. 108, Reno, NV, USA, 89521
Dragonfly Energy Holdings Corp is a manufacturer of non-toxic deep cycle lithium-ion batteries that are designed to displace lead acid batteries in a number of different storage applications and end markets including RV, marine vessel, and solar and off-grid industries, with disruptive solid-state cell technology currently under development.
Executives
Wade Seaburg officer: Chief Revenue Officer C/O DRAGONFLY ENERGY HOLDINGS CORP., 1190 TRADEMARK DRIVE #108, RENO NV 89521
Karina Edmonds director 1190 TRADEMARK DRIVE, #108, RENO NV 89521
Luisa Ingargiola director 4826 BLUE JAY CIRCLE, PALM HARBOR FL 34683
Brian James Nelson director C/O DRAGONFLY ENERGY CORP., 1190 TRADEMARK DR., SUITE 108, RENO NV 89521
Jonathan Bellows director C/O DRAGONFLY ENERGY CORP., 1190 TRADEMARK DR., SUITE 118, RENO NV 89521
Dynavolt Technology (hk) Ltd. 10 percent owner A1601 COMPREHENSIVE BUSINESS BUILDING, MENGSHI INTERNATIONAL PLAZA,GUANGYI ROAD, CHENG HAI, GUANGDONG F4 00000
Tyler Bourns officer: Senior VP of Marketing 1190 TRADEMARK DRIVE, #118, RENO NV 89521
Joan Buell officer: Controller 1190 TRADEMARK DRIVE, #118, RENO NV 89521
Nicole Harvey officer: Gen Counsel,Comp Off,Corp Sec 1190 TRADEMARK DRIVE, #118, RENO NV 89521
Sean Nichols officer: Chief Operating Officer 1190 TRADEMARK DRIVE, #108, RENO NV 89521
Denis Phares director, 10 percent owner, officer: President and CEO 1190 TRADEMARK DRIVE, #108, RENO NV 89521
John Marchetti officer: Chief Financial Officer 3736 FALLON ROAD #428, DUBLIN CA 94568
Rick Parod director 2707 N 108TH STREET STE102, OMAHA NE 68164
Roderick A. Hardamon director 17 STATE STREET, 21ST FLOOR, NEW YORK NY 10004
Hitesh Thakrar director 17 STATE STREET, 21ST FLOOR, NEW YORK NY 10004