VTech Holdings (VTech Holdings) Days Inventory : 101.56 (As of Sep. 2023)

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What is VTech Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). VTech Holdings's Average Total Inventories for the six months ended in Sep. 2023 was $454 Mil. VTech Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was $815 Mil. Hence, VTech Holdings's Days Inventory for the six months ended in Sep. 2023 was 101.56.

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

VTKLF' s Days Inventory Range Over the Past 10 Years
Min: 78.32 Med: 85.95 Max: 116.56
Current: 113.27

During the past 13 years, VTech Holdings's highest Days Inventory was 116.56. The lowest was 78.32. And the median was 85.95.

VTKLF's Days Inventory is ranked worse than
54.59% of 2405 companies
in the Hardware industry
Industry Median: 104.01 vs VTKLF: 113.27

VTech Holdings's Days Inventory declined from Sep. 2022 (122.70) to Sep. 2023 (101.56).

Inventory Turnover measures how fast the company turns over its inventory within a year. VTech Holdings's Inventory Turnover for the six months ended in Sep. 2023 was 1.80.

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. VTech Holdings's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.40.

VTech Holdings Days Inventory Historical Data

The historical data trend for VTech Holdings'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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VTech Holdings Days Inventory Chart

VTech Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

Get a 7-Day Free Trial

86.11

90.22

87.23

103.76

116.76

VTech Holdings 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	Get a 7-Day Free Trial															114.18	117.99	122.70	123.48	101.56

Competitive Comparison of VTech Holdings's Days Inventory

For the Communication Equipment subindustry, VTech Holdings'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.

VTech Holdings's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, VTech Holdings's Days Inventory distribution charts can be found below:

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

VTech Holdings Days Inventory Calculation

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

VTech Holdings'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
=	( (553.3	+	475.5)	/	2 )	/	1608	*	365
=	514.4					/	1608	*	365
=	116.76

VTech Holdings'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
=	( (475.5	+	432)	/	2 )	/	815.4	*	365 / 2
=	453.75					/	815.4	*	365 / 2
=	101.56

VTech Holdings (OTCPK:VTKLF) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	815.4	/	453.75
	=	1.80

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	453.75	/	1140.9
	=	0.40

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.

VTech Holdings Days Inventory Related Terms

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

VTech Holdings (VTech Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » VTech Holdings Ltd (OTCPK:VTKLF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

VTKLY:USA 00303:Hong Kong VTCB:Germany

Address

Block 1, 57 Ting Kok Road, Tai Po, 23rd Floor, Tai Ping Industrial Centre, New Territories, Hong Kong, HKG

Website

https://www.vtech.com

VTech Holdings Ltd is engaged in designing, manufacturing, and distribution of consumer electronic products. It also provides contract manufacturing services. VTech's diverse collection of products include Telephone Products, Business Phones, Electronic Learning Toys, Baby Monitors and Hospitality Products. It offers turnkey services to customers in a number of product categories. The company operates through four geographical segments, North America including the United States and Canada, Europe, Asia Pacific and Others, which covers sales of electronic products to the rest of the world. VTech generates a majority of its revenue from North America and Europe.