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Days Inventory is also known as Days Sales of Inventory (DSI). Vivakor's Average Total Inventories for the three months ended in Jun. 2024 was $0.07 Mil. Vivakor's Cost of Goods Sold for the three months ended in Jun. 2024 was $15.07 Mil. Hence, Vivakor's Days Inventory for the three months ended in Jun. 2024 was 0.40.
The historical rank and industry rank for Vivakor's Days Inventory or its related term are showing as below:
During the past 7 years, Vivakor's highest Days Inventory was 647.05. The lowest was 0.31. And the median was 232.80.
Vivakor's Days Inventory declined from Jun. 2023 (0.44) to Jun. 2024 (0.40).
Inventory Turnover measures how fast the company turns over its inventory within a year. Vivakor's Inventory Turnover for the three months ended in Jun. 2024 was 226.62.
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. Vivakor's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.00.
The historical data trend for Vivakor'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.
Vivakor Annual Data | ||||||||||||||||
Trend | Dec07 | Dec08 | Dec09 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
Days Inventory | Get a 7-Day Free Trial | 647.05 | 232.80 | 530.29 | 10.17 | 0.31 |
Vivakor Quarterly Data | ||||||||||||||||||||
Sep09 | Dec09 | Mar10 | Jun10 | Sep10 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
Days Inventory | Get a 7-Day Free Trial | 0.44 | 0.35 | 0.38 | 0.31 | 0.40 |
For the Oil & Gas Integrated subindustry, Vivakor'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.
For the Oil & Gas industry and Energy sector, Vivakor's Days Inventory distribution charts can be found below:
* The bar in red indicates where Vivakor's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Vivakor'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 |
= | ( (0.047 | + | 0.045) | / | 2 ) | / | 54.301 | * | 365 |
= | 0.046 | / | 54.301 | * | 365 | ||||
= | 0.31 |
Vivakor's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:
Days Inventory (Q: Jun. 2024 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (Q: Mar. 2024 ) | + | Total Inventories (Q: Jun. 2024 )) | / | count ) | / | Cost of Goods Sold (Q: Jun. 2024 ) | * | Days in Period |
= | ( (0.058 | + | 0.075) | / | 2 ) | / | 15.07 | * | 365 / 4 |
= | 0.0665 | / | 15.07 | * | 365 / 4 | ||||
= | 0.40 |
* 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.
Vivakor (NAS:VIVK) 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.
Vivakor's Inventory Turnover for the three months ended in Jun. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 15.07 | / | 0.0665 | |
= | 226.62 |
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.
Vivakor's Inventory to Revenue for the three months ended in Jun. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 0.0665 | / | 16.181 | |
= | 0.00 |
* 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.
Thank you for viewing the detailed overview of Vivakor's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
James H. Ballengee | 10 percent owner | 2009 CHENAULT DRIVE, SUITE 100, CARROLLTON TX 75006 |
David Natan | director | 11190 BISCAYNE BLVD, MIAMI FL 33181 |
Matthew Nicosia | director | 2 PARK PLAZA, SUITE 400, IRVINE CA 92614 |
Al Ferrara | director | 433 LAWNDALE DRIVE, SOUTH SALT LAKE CITY UT 84115 |
Trent Philip Staggs | director | 2067 W. BAMBERGER DRIVE, RIVERTON UT 84065 |
Spence Joseph S Jr | director | C/O VIVAKOR, INC., 433 LAWNDALE DRIVE, SOUTH SALT LAKE CITY UT 84115 |
Tyler Robert Nelson | officer: Chief Financial Officer | C/O VIVAKOR, INC., 433 LAWNDALE AVENUE, SOUTH SALT LAKE CITY UT 84115 |
Francis Wen-hou Chen | director | 1821 JONES STREET, SAN FRANCISCO CA 94109 |
Fritz Lin | director | 2590 HOLIDAY ROAD, SUITE 100, CORALVILLE IA 52241 |
John Gryga | director | 2590 HOLIDAY ROAD #100, CORALVILLE IA 52241 |
Tannin J Fuja | director, 10 percent owner, officer: CEO and President | 2590 HOLIDAY ROAD #100, CORALVILLE IA 52241 |
Ed Corrente | officer: CFO | 2590 HOLIDAY ROAD #100, CORALVILLE IA 52241 |
Nfg, Inc. | 10 percent owner | 2222 MICHELSON #222-164, IRVINE CA 92612 |
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