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Xos Inc (XOS) Q3 2024 Earnings Call Highlights: Strong Margin Growth Amid Operational Challenges

By Yahoo! Finance   |   Nov 14, 2024 at 02:24 AM EST
Xos Inc (XOS) Q3 2024 Earnings Call Highlights: Strong Margin Growth Amid Operational Challenges

Dakota Semler, CEO, shared that 70% of inventory is raw materials, 21% work in process, and 9% finished goods. They aim to reduce inventory turns, improve payment terms, and collect incentive receivables.

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