GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » VSE Corp (NAS:VSEC) » Definitions » Days Inventory

VSE (VSEC) Days Inventory

: 217.77 (As of Dec. 2023)
View and export this data going back to 1995. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). VSE's Average Total Inventories for the three months ended in Dec. 2023 was $497.6 Mil. VSE's Cost of Goods Sold for the three months ended in Dec. 2023 was $208.5 Mil. Hence, VSE's Days Inventory for the three months ended in Dec. 2023 was 217.77.

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

VSEC' s Days Inventory Range Over the Past 10 Years
Min: 42.26   Med: 93.62   Max: 218.76
Current: 195.15

During the past 13 years, VSE's highest Days Inventory was 218.76. The lowest was 42.26. And the median was 93.62.

VSEC's Days Inventory is ranked worse than
63.32% of 289 companies
in the Aerospace & Defense industry
Industry Median: 138.87 vs VSEC: 195.15

VSE's Days Inventory increased from Dec. 2022 (216.12) to Dec. 2023 (217.77). It might indicate that VSE's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. VSE's Inventory Turnover for the three months ended in Dec. 2023 was 0.42.

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. VSE's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.11.


VSE Days Inventory Historical Data

The historical data trend for VSE'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.

VSE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 102.10 142.68 218.76 209.61 210.28

VSE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 216.12 154.49 210.47 206.72 217.77

Competitive Comparison

For the Aerospace & Defense subindustry, VSE'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.


VSE Days Inventory Distribution

For the Aerospace & Defense industry and Industrials sector, VSE's Days Inventory distribution charts can be found below:

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



VSE Days Inventory Calculation

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

VSE'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
=( (380.438 + 500.864) / 2 ) / 764.873*365
=440.651 / 764.873*365
=210.28

VSE'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
=( (494.368 + 500.864) / 2 ) / 208.508*365 / 4
=497.616 / 208.508*365 / 4
=217.77

* 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.


VSE  (NAS:VSEC) 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.

VSE'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.

VSE'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.


VSE Days Inventory Related Terms

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


VSE (VSEC) Business Description

Traded in Other Exchanges
Address
6348 Walker Lane, Alexandria, VA, USA, 22310
VSE Corp is a diversified aftermarket products and services company providing repair services, parts distribution, logistics, supply chain management and consulting services for land, sea and air transportation assets to commercial and government markets. Its operations include supply chain management solutions, parts supply and distribution, and maintenance, repair and overhaul (MRO) services for vehicle fleet, aviation, maritime and other customers. It also provide vehicle and equipment refurbishment, logistics, engineering support, data management and healthcare IT solutions, and clean energy consulting services. The company operating segments are Aviation, Fleet and Federal and Defense.
Executives
Edward P Dolanski director 5158 MOHAWK DRIVE, FRISCO TX 75034
John E Potter director 9009 FALLS CHAPEL WAY, POTOMAC MD 20854-2387
James F Lafond director 4401 GULF SHORE BLVD NORTH, UNIT 103, NAPLES FL 34103
Calvin Scott Koonce director 6229 EXECUTIVE BOULEVARD, ROCKVILLE MD 20852
Bonnie K Wachtel director 1101 FOURTEENTH STREET NW, SUITE 800, WASHINGTON DC 20005
Ralph E Eberhart director 909 N. WASHINGTON STREET, ALEXANDRIA VA 22314
Ferguson Iii Mark E director 1444 CLONCURRY ROAD, NORFOLK VA 23505
Anita D Britt director 3000 NW 107TH AVENUE, MIAMI FL 33172
Lloyd Emerson Johnson director 16737 NEW PROVIDENCE LANE, CHARLOTTE NC 28277
Benjamin E. Thomas officer: President, VSE Aviation, Inc. 3361 ENTERPRISE WAY, MIRAMAR FL 33025
Stephen D. Griffin officer: Sr. VP and CFO 6348 WALKER LANE, ALEXANDRIA VA 22310
Farinaz S Tehrani officer: Chief Legal Officer 180 EAST BROAD STREET, COLUMBUS OH 43215
Moore Robert Andrew Iii officer: President, Federal & Defense 6348 WALKER LANE, ALEXANDRIA VA 22310
John A Cuomo director, officer: CEO and President 6348 WALKER LANE, ALEXANDRIA VA 22310
Chad Wheeler officer: President, Wheeler Fleet 384 DRUM AVENUE, SOMERSET PA 15501