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VIVK (Vivakor) Days Inventory : 0.40 (As of Jun. 2024)


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What is Vivakor Days Inventory?

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:

VIVK' s Days Inventory Range Over the Past 10 Years
Min: 0.31   Med: 232.8   Max: 647.05
Current: 0.37

During the past 7 years, Vivakor's highest Days Inventory was 647.05. The lowest was 0.31. And the median was 232.80.

VIVK's Days Inventory is ranked better than
99.01% of 708 companies
in the Oil & Gas industry
Industry Median: 32.235 vs VIVK: 0.37

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.


Vivakor Days Inventory Historical Data

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.

* Premium members only.

Vivakor Days Inventory Chart

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 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 0.44 0.35 0.38 0.31 0.40

Competitive Comparison of Vivakor's Days Inventory

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.


Vivakor's Days Inventory Distribution in the Oil & Gas Industry

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.



Vivakor Days Inventory Calculation

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

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

* 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.


Vivakor Days Inventory Related Terms

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.


Vivakor Business Description

Traded in Other Exchanges
N/A
Address
5220 Spring Valley Road, Suite LL20, Dallas, TX, USA, 75254
Vivakor Inc is a socially responsible operator, acquirer and developer of technologies and assets in the oil and gas industry, as well as related environmental solutions. It is primarily focused on operating crude oil gathering, storage and transportation facilities, as well as contaminated soil remediation services.
Executives
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