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Veste Estilo (BSP:VSTE) Days Inventory : 306.34 (As of Dec. 2023)


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What is Veste Estilo Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Veste Estilo's Average Total Inventories for the three months ended in Dec. 2023 was R$309 Mil. Veste Estilo's Cost of Goods Sold for the three months ended in Dec. 2023 was R$92 Mil. Hence, Veste Estilo's Days Inventory for the three months ended in Dec. 2023 was 306.34.

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

BSP:VSTE' s Days Inventory Range Over the Past 10 Years
Min: 207.81   Med: 238.92   Max: 358.14
Current: 292.01

During the past 13 years, Veste Estilo's highest Days Inventory was 358.14. The lowest was 207.81. And the median was 238.92.

BSP:VSTE's Days Inventory is ranked worse than
87.36% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.73 vs BSP:VSTE: 292.01

Veste Estilo's Days Inventory increased from Dec. 2022 (246.65) to Dec. 2023 (306.34). It might indicate that Veste Estilo's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Veste Estilo's Inventory Turnover for the three months ended in Dec. 2023 was 0.30.

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. Veste Estilo's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.10.


Veste Estilo Days Inventory Historical Data

The historical data trend for Veste Estilo'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.

Veste Estilo Days Inventory Chart

Veste Estilo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 243.52 358.14 224.82 226.37 271.96

Veste Estilo Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 246.65 279.54 310.42 292.63 306.34

Competitive Comparison of Veste Estilo's Days Inventory

For the Apparel Retail subindustry, Veste Estilo'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.


Veste Estilo's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Veste Estilo's Days Inventory distribution charts can be found below:

* The bar in red indicates where Veste Estilo's Days Inventory falls into.



Veste Estilo Days Inventory Calculation

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

Veste Estilo'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
=( (271.359 + 296.386) / 2 ) / 380.985*365
=283.8725 / 380.985*365
=271.96

Veste Estilo's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (322.449 + 296.386) / 2 ) / 92.166*365 / 4
=309.4175 / 92.166*365 / 4
=306.34

* 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.


Veste Estilo  (BSP:VSTE) 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.

Veste Estilo's Inventory Turnover for the three months ended in Dec. 2023 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.

Veste Estilo's Inventory to Revenue for the three months ended in Dec. 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.


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.


Veste Estilo Days Inventory Related Terms

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


Veste Estilo (BSP:VSTE) Business Description

Traded in Other Exchanges
N/A
Address
Rua Othão, 405, Sao Paulo, SP, BRA, 05313-020
Veste SA Estilo is engaged in apparel industry retailers and high-end accessories in Brazil. The Company's main objectives are: development, exploration of the industry, trade, import and export of clothing and clothing accessories and trading in decorative, hygiene and cosmetic objects, among others. It produces clothes, accessories, footwear, and articles for the home, always in line with contemporary lifestyle, bringing joy, elegance, and well-being to customers under its brands Le Lis, Dudalina, john john, Stew, and Individual. The company focuses on designing, developing, manufacturing, and trading apparel and accessories for women and men.

Veste Estilo (BSP:VSTE) Headlines