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Visteon (Visteon) Days Inventory

: 32.68 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Visteon's Average Total Inventories for the three months ended in Dec. 2023 was $308 Mil. Visteon's Cost of Goods Sold for the three months ended in Dec. 2023 was $860 Mil. Hence, Visteon's Days Inventory for the three months ended in Dec. 2023 was 32.68.

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

VC' s Days Inventory Range Over the Past 10 Years
Min: 22.8   Med: 26.94   Max: 55.25
Current: 34.76

During the past 13 years, Visteon's highest Days Inventory was 55.25. The lowest was 22.80. And the median was 26.94.

VC's Days Inventory is ranked better than
88.55% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 82.23 vs VC: 34.76

Visteon's Days Inventory declined from Dec. 2022 (33.09) to Dec. 2023 (32.68).

Inventory Turnover measures how fast the company turns over its inventory within a year. Visteon's Inventory Turnover for the three months ended in Dec. 2023 was 2.79.

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. Visteon's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.31.


Visteon Days Inventory Historical Data

The historical data trend for Visteon'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 24.58 [6] => 27.42 [7] => 31.81 [8] => 32.86 [9] => 34.00 )
Visteon 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 24.58 27.42 31.81 32.86 34.00

Visteon 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 33.09 37.59 35.66 33.89 32.68

Competitive Comparison

For the Auto Parts subindustry, Visteon'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.


Visteon Days Inventory Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Visteon's Days Inventory distribution charts can be found below:

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



Visteon Days Inventory Calculation

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

Visteon'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
=( (348 + 298) / 2 ) / 3467*365
=323 / 3467*365
=34.00

Visteon'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
=( (318 + 298) / 2 ) / 860*365 / 4
=308 / 860*365 / 4
=32.68

* 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.


Visteon  (NAS:VC) 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.

Visteon'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.

Visteon'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.


Visteon Days Inventory Related Terms

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


Visteon (Visteon) Business Description

Traded in Other Exchanges
Address
One Village Center Drive, Van Buren Township, MI, USA, 48111
Visteon Corp is an automotive supplier. It manufactures electronics products for original equipment vehicle manufacturers including Ford, Nissan, Renault, Mazda, BMW, General Motors, and Honda. The company offers information displays, instrument clusters, head-up displays, infotainment systems, telematics solutions and Smartcore. The Company's reportable segment is Electronics. The Electronics segment provides vehicle cockpit electronics products to customers, including digital instrument clusters, domain controllers with integrated advance driver assistance systems, displays, Android-based infotainment systems, and battery management systems. Geographically, it operates in North America, Europe, China, Asia-Pacific and South America.
Executives
Sachin Lawande director, officer: CEO & President HARMAN INTERNATIONAL, 400 ATLANTIC STREET, SUITE 1500, STAMFORD CT 06901
Qais M Sharif officer: Senior Vice President VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111
Brett D Pynnonen officer: V.P. & General Counsel 26555 NORTHWESTERN HIGHWAY, SOUTHFIELD MI 48033
Jerome Rouquet officer: Senior Vice President 26555 NORTHWESTERN HIGHWAY, SOUTHFIELD MI 48034
Robert R Vallance officer: Vice President VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111
Robert Manzo director PARK 80 W PLZ 2, SADDLE BROOK NJ 07663
David L Treadwell director 222 S 15TH STREET, SUITE 600 N, OMAHA NE 68102
Kristin Trecker officer: Senior Vice President & CHRO 10000 WEHRLE DRIVE, CLARENCE NY 14031
Bunsei Kure director VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48167
Francis M Scricco director C/O AVAYA INC., 211 MOUNT AIRY ROAD, BASKING RIDGE NJ 07920
Matthew M Cole officer: Senior Vice President ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111
Abigail S Fleming officer: Vice President & CAO VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111
Joao Paulo Ribeiro officer: Senior Vice President VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111
Sunil K Bilolikar officer: Senior Vice President ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111
Harry James Wilson director VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111

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