GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Viad Corp (NYSE:VVI) » Definitions » Total Inventories
中文

Viad (VVI) Total Inventories : $10 Mil (As of Dec. 2023)


View and export this data going back to 1978. Start your Free Trial

What is Viad Total Inventories?

Viad's total inventories for the quarter that ended in Dec. 2023 was $10 Mil. Viad's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $10 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Viad's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-44.79.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Viad's Days Inventory for the three months ended in Dec. 2023 was 3.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. Viad's Inventory Turnover for the quarter that 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 quarter that ended in Dec. 2023 was 0.04.


Viad Total Inventories Historical Data

The historical data trend for Viad's Total Inventories 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 Total Inventories Chart

Viad Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.27 8.73 8.58 10.79 10.15

Viad Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories 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 10.79 11.70 15.84 10.70 10.15

Viad Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Viad  (NYSE:VVI) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Viad's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(52.704+0.75 * 128.019+0.5 * 10.153-999.968
-0-93.921)/20.9867
=-44.79

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

Viad's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=10.425/287.167*365 / 4
=3.31

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Viad's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=287.167 / 10.425
=27.55

4. 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 quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=10.425 / 291.679
=0.04

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Viad Total Inventories Related Terms

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


Viad (VVI) Business Description

Traded in Other Exchanges
N/A
Address
7000 East 1st Avenue, Scottsdale, AZ, USA, 85251-4304
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.
Executives
Jonathan A. Massimino officer: General Counsel & Corporate Se C/O VIAD CORP, 7000 EAST 1ST AVENUE, SCOTTSDALE AZ 85251
Joshua Schechter director C/O THE PANTRY, INC., 305 GREGSON DRIVE, CARY NC 27511
Lavalley Sung-chul Patrick Thomas director C/O CRESTVIEW PARTNERS, 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022
Jeffrey A. Stelmach officer: President, Brand Experience 7000 E. 1ST AVENUE, SCOTTSDALE AZ 85251
Steven W Moster director, officer: President & Chief Executive Of 7000 E. 1ST AVE., SCOTTSDALE AZ 85251
Beverly K Carmichael director 305 HARTMANN DRIVE, LEBANON TN 37087
Ellen M Ingersoll officer: Chief Financial Offi, cer 7000 E. 1ST AVENUE, SCOTTSDALE AZ 85251
Andrew B Benett director 1850 N CENTRAL AVENUE, SUITE 1900, PHOENIX AZ 85004-4565
David W Barry officer: President - Pursuit 7000 E. 1ST AVENUE, SCOTTSDALE AZ 85251
Leslie S Striedel officer: Chief Accounting Officer 7000 E. 1ST AVENUE, SCOTTSDALE AZ 85251
Crestview Advisors, L.l.c. director, 10 percent owner 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022
Crestview Partners Iv Gp, L.p. director, 10 percent owner C/O CRESTVIEW PARTNERS, 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022
Crestview Iv Vc Te Holdings, Llc director, 10 percent owner C/O CRESTVIEW PARTNERS, 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022
Crestview Iv Vc Holdings, L.p. director, 10 percent owner C/O CRESTVIEW PARTNERS, 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022
Crestview Iv Vc Ci Holdings, L.p. director, 10 percent owner C/O CRESTVIEW PARTNERS, 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022

Viad (VVI) Headlines

From GuruFocus

Viad Corp Schedules Third Quarter 2021 Earnings Call

By Business Wire Business Wire 10-20-2021

GES Launches Spiro�

By PRNewswire PRNewswire 03-30-2022

Viad Corp to Expand Pursuit's Glacier Park Collection With Acquisition

By Business Wire Business Wire 03-24-2022

Viad Corp Schedules First Quarter 2023 Earnings Call

By Business Wire Business Wire 04-13-2023

GES Invites IAEE Expo! Expo! Attendees to Booth #839

By PRNewswire PRNewswire 12-07-2021

Viad Corp Schedules Second Quarter 2021 Earnings Call

By Business Wire Business Wire 07-13-2021

Viad Corp Schedules Second Quarter 2022 Earnings Call

By Business Wire Business Wire 07-14-2022