Vodafone Group (Vodafone Group) Days Inventory

: 11.76 (As of Sep. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Vodafone Group's Average Total Inventories for the six months ended in Sep. 2023 was $1,050 Mil. Vodafone Group's Cost of Goods Sold for the six months ended in Sep. 2023 was $16,304 Mil. Hence, Vodafone Group's Days Inventory for the six months ended in Sep. 2023 was 11.76.

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

VOD' s Days Inventory Range Over the Past 10 Years
Min: 5.21 Med: 7.15 Max: 11.78
Current: 11.78

During the past 13 years, Vodafone Group's highest Days Inventory was 11.78. The lowest was 5.21. And the median was 7.15.

VOD's Days Inventory is ranked better than
67.79% of 298 companies
in the Telecommunication Services industry
Industry Median: 19.115 vs VOD: 11.78

Vodafone Group's Days Inventory increased from Sep. 2022 (11.25) to Sep. 2023 (11.76). It might indicate that Vodafone Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vodafone Group's Inventory Turnover for the six months ended in Sep. 2023 was 15.52.

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. Vodafone Group's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.04.

Vodafone Group Days Inventory Historical Data

The historical data trend for Vodafone Group'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.

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Vodafone Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

8.16

7.90

7.47

9.35

10.74

Vodafone Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory																8.45	9.43	11.25	11.19	11.76

Competitive Comparison

For the Telecom Services subindustry, Vodafone Group'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.

Vodafone Group Days Inventory Distribution

For the Telecommunication Services industry and Communication Services sector, Vodafone Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Vodafone Group's Days Inventory falls into.

Vodafone Group Days Inventory Calculation

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

Vodafone Group's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (920.705	+	1023.555)	/	2 )	/	33029.978	*	365
=	972.13					/	33029.978	*	365
=	10.74

Vodafone Group's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (1023.555	+	1076.841)	/	2 )	/	16304.162	*	365 / 2
=	1050.198					/	16304.162	*	365 / 2
=	11.76

Vodafone Group (NAS:VOD) 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.

Vodafone Group's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	16304.162	/	1050.198
	=	15.52

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.

Vodafone Group's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1050.198	/	23411.953
	=	0.04

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.

Vodafone Group Days Inventory Related Terms

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Vodafone Group (Vodafone Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Vodafone Group PLC (NAS:VOD) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

VODPF:USA VOD N:Mexico VODl:UK VOD:UK VODI:Germany V1OD34:Brazil VOD:Austria VOD:Argentina

Address

Vodafone House, The Connection, Newbury, Berkshire, GBR, RG14 2FN

Website

https://www.vodafone.com

Vodafone operates mobile and fixed-line networks and businesses in more than 20 countries. Its largest market is Germany, where it is the second mobile operator after Deutsche Telekom and owns a cable network after acquiring Kabel Deutschland in 2013 and Liberty Global Germany in 2019. In the U.K. and Italy, it acts as a mobile operator, while in Spain it offers converged services after the acquisition of cable operator Ono in 2014. Vodafone also has operations in several Central European and African countries, which combined represent around one third of revenue.