Days Inventory is also known as Days Sales of Inventory (DSI). Viad's Average Total Inventories for the
three
months ended in Dec. 2023 was $10 Mil. Viad's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $287 Mil.
Hence, Viad's Days Inventory for the
three
months ended in Dec. 2023 was 3.31.
The historical rank and industry rank for Viad's Days Inventory or its related term are showing as below:
VVI'
s Days Inventory Range Over the Past 10 Years
Min: 3.34 Med: 6.54 Max: 10.97
Current: 3.82
During the past 13 years, Viad's highest Days Inventory was 10.97. The lowest was 3.34. And the median was 6.54.
VVI's Days Inventory is ranked better than 80.21% of 682
companies
in the Business Services industry
Industry Median: 29.72
vs VVI: 3.82
Viad's Days Inventory
declined
from Dec. 2022 (3.87) to Dec. 2023 (3.31).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Viad's Inventory Turnover for the
three
months ended in Dec. 2023 was 27.55.
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.
Viad's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.04.
Viad Days Inventory Historical Data
The historical data trend for Viad'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.
Viad Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Days Inventory
5.10
8.92
5.70
3.34
3.38
Viad Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Days Inventory
3.87
3.85
4.38
4.18
3.31
Competitive Comparison
For the Specialty Business Services subindustry, Viad'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.
Viad Days Inventory Distribution
For the Business Services industry and Industrials sector, Viad's Days Inventory distribution charts can be found below:
* The bar in red indicates where Viad's Days Inventory falls into.
Viad Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Viad's Days Inventory for the fiscal year that 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.
Viad (NYSE:VVI) 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.
Viad'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.
Viad'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.
Viad Days Inventory Related Terms
Thank you for viewing the detailed overview of Viad's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Viad Corp is a marketing company engaged in providing extraordinary experiences, including hospitality and leisure activities, experiential marketing, and live events. It has three segments; Pursuit includes a collection of inspiring and unforgettable travel experiences that includes recreational attractions, hotels and lodges, food and beverage, retail, sightseeing, and ground transportation services, Spiro includes a marketing agency that partners with brands around the world to manage and elevate their experiential marketing activities, and GES Exhibitions is an exhibition services company that partners with exhibition and conference organizers as a full-service provider of strategic and logistics solutions to manage the complexity of their shows.
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