NIO Inventory Turnover Ratio 2019-2023 | NIO
Current and historical inventory turnover ratio for NIO (NIO) from 2019 to 2023. Inventory turnover ratio can be defined as a ratio showing how many times a company's inventory is sold and replaced over a period. NIO inventory turnover ratio for the three months ending December 31, 2023 was 3.06.
| NIO Inventory Turnover Ratio Historical Data | |||
|---|---|---|---|
| Date | |||
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Auto/Tires/Trucks | Auto Manufacturers - Foreign | $7.719B | $7.834B |
| NIO is a pioneer in China's EV market. NIO's unique selling proposition is to provide EVs at competitive pricing. Importantly, NIO does not really manufacture its own cars. It contracts state-owned JAC Motors, headquartered in eastern China's Anhui province, to make vehicles. In turn, JAC charges fee for every car. In fact, NIO does not have a dealership network and instead sells its vehicles through apps and a network of swanky NIO Houses, located in some of the most expensive areas of China's largest cities. | |||
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| Toyota (TM) | Japan | $307.151B | 9.66 |
| Byd (BYDDY) | China | $80.882B | 19.47 |
| Stellantis (STLA) | Netherlands | $77.506B | 0.00 |
| Volkswagen AG (VWAGY) | Germany | $74.492B | 0.00 |
| BMW (BMWYY) | Germany | $68.624B | 5.97 |
| BMW (BAMXF) | Germany | $68.474B | 6.13 |
| Honda (HMC) | Japan | $57.904B | 7.98 |
| Volkswagen AG (VLKAF) | Germany | $43.586B | 4.95 |
| Li Auto (LI) | China | $26.568B | 19.41 |
| Suzuki Motor (SZKMY) | Japan | $23.050B | 13.48 |
| Hyundai Motor (HYMLF) | South Korea | $19.016B | 3.23 |
| Subaru (FUJHY) | Japan | $16.284B | 6.75 |
| Nissan Motor (NSANY) | Japan | $13.879B | 3.64 |
| Geely Automobile Holdings (GELYY) | Hong Kong, SAR China | $12.111B | 0.00 |
| Isuzu Motors (ISUZY) | Japan | $9.699B | 7.27 |
| Auto Trader Group (ATDRY) | United Kingdom | $7.714B | 0.00 |
| XPeng (XPEV) | China | $7.385B | 0.00 |
| Dongfeng Motor Group (DNFGY) | China | $3.167B | 0.00 |
| Polestar Automotive Holding UK (PSNY) | Sweden | $2.519B | 0.00 |
| Cazoo Group (CZOO) | United Kingdom | $0.058B | 0.00 |
| GreenPower Motor (GP) | Canada | $0.046B | 0.00 |
| Vicinity Motor (VEV) | Canada | $0.031B | 0.00 |
| Lobo EV Technologies (LOBO) | China | $0.024B | 0.00 |
| Kaixin Holdings (KXIN) | China | $0.002B | 0.00 |
| Jiuzi Holdings (JZXN) | China | $0.001B | 0.00 |