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Vita Group (ASX:VTG) Days Inventory : 55.23 (As of Dec. 2022)


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What is Vita Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vita Group's Average Total Inventories for the six months ended in Dec. 2022 was A$1.12 Mil. Vita Group's Cost of Goods Sold for the six months ended in Dec. 2022 was A$3.70 Mil. Hence, Vita Group's Days Inventory for the six months ended in Dec. 2022 was 55.23.

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

ASX:VTG's Days Inventory is not ranked *
in the Retail - Cyclical industry.
Industry Median: 106.45
* Ranked among companies with meaningful Days Inventory only.

Vita Group's Days Inventory declined from Dec. 2021 (639.75) to Dec. 2022 (55.23).

Inventory Turnover measures how fast the company turns over its inventory within a year. Vita Group's Inventory Turnover for the six months ended in Dec. 2022 was 3.30.

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. Vita Group's Inventory-to-Revenue for the six months ended in Dec. 2022 was 0.08.


Vita Group Days Inventory Historical Data

The historical data trend for Vita 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.

* Premium members only.

Vita Group Days Inventory Chart

Vita Group Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.69 15.05 15.89 18.61 636.46

Vita Group Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 20.31 19.22 639.75 71.43 55.23

Competitive Comparison of Vita Group's Days Inventory

For the Specialty Retail subindustry, Vita 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.


Vita Group's Days Inventory Distribution in the Retail - Cyclical Industry

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

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


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Vita Group Days Inventory Calculation

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

Vita Group's Days Inventory for the fiscal year that ended in Jun. 2022 is calculated as

Days Inventory (A: Jun. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2021 ) + Total Inventories (A: Jun. 2022 )) / count ) / Cost of Goods Sold (A: Jun. 2022 )*Days in Period
=( (21.181 + 1.233) / 2 ) / 6.427*365
=11.207 / 6.427*365
=636.46

Vita Group's Days Inventory for the quarter that ended in Dec. 2022 is calculated as:

Days Inventory (Q: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (1.233 + 1.009) / 2 ) / 3.704*365 / 2
=1.121 / 3.704*365 / 2
=55.23

* 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.


Vita Group  (ASX:VTG) 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.

Vita Group's Inventory Turnover for the six months ended in Dec. 2022 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.

Vita Group's Inventory to Revenue for the six months ended in Dec. 2022 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.


Vita Group Days Inventory Related Terms

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


Vita Group Business Description

Traded in Other Exchanges
N/A
Address
77 Hudson Road, Vita Place, Ground Floor, Albion, Brisbane, QLD, AUS, 4010
Vita Group Ltd is a consultative sales organization that markets and sells technology and communication products and services. The company sells its products and services through its retail store brands, small to medium businesses, and government enterprise channels in Australia. The company operates under the brands Telstra, Fone Zone, Telstra Business Centres, Sprout, Vita Enterprise Solutions, and SQDAthletica. Subsidiaries of the company include Next Byte Holdings Pty Ltd, Communique Holdings Pty Ltd., Fone Zone Pty Ltd., Vita People Pty Ltd, and SQD Global Pty Ltd.

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