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Australian Vintage (ASX:AVG) Days Inventory : 341.87 (As of Dec. 2023)


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What is Australian Vintage Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Australian Vintage's Average Total Inventories for the six months ended in Dec. 2023 was A$180.6 Mil. Australian Vintage's Cost of Goods Sold for the six months ended in Dec. 2023 was A$96.4 Mil. Hence, Australian Vintage's Days Inventory for the six months ended in Dec. 2023 was 341.87.

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

ASX:AVG' s Days Inventory Range Over the Past 10 Years
Min: 265.51   Med: 314.76   Max: 381.04
Current: 335.3

During the past 13 years, Australian Vintage's highest Days Inventory was 381.04. The lowest was 265.51. And the median was 314.76.

ASX:AVG's Days Inventory is ranked worse than
67.15% of 207 companies
in the Beverages - Alcoholic industry
Industry Median: 160.75 vs ASX:AVG: 335.30

Australian Vintage's Days Inventory increased from Dec. 2022 (335.09) to Dec. 2023 (341.87). It might indicate that Australian Vintage's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Australian Vintage's Inventory Turnover for the six months ended in Dec. 2023 was 0.53.

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. Australian Vintage's Inventory-to-Revenue for the six months ended in Dec. 2023 was 1.35.


Australian Vintage Days Inventory Historical Data

The historical data trend for Australian Vintage'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.

Australian Vintage Days Inventory Chart

Australian Vintage Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 270.65 289.99 293.78 345.29 337.11

Australian Vintage Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory 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 302.90 354.77 335.09 331.42 341.87

Competitive Comparison of Australian Vintage's Days Inventory

For the Beverages - Wineries & Distilleries subindustry, Australian Vintage'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.


Australian Vintage's Days Inventory Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Australian Vintage's Days Inventory distribution charts can be found below:

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



Australian Vintage Days Inventory Calculation

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

Australian Vintage's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (179.822 + 182.038) / 2 ) / 195.896*365
=180.93 / 195.896*365
=337.11

Australian Vintage'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (182.038 + 179.102) / 2 ) / 96.394*365 / 2
=180.57 / 96.394*365 / 2
=341.87

* 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.


Australian Vintage  (ASX:AVG) 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.

Australian Vintage's Inventory Turnover for the six 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.

Australian Vintage's Inventory to Revenue for the six 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.


Australian Vintage Days Inventory Related Terms

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


Australian Vintage (ASX:AVG) Business Description

Traded in Other Exchanges
Address
275 Sir Donald Bradman Drive, Cowandilla, Adelaide, SA, AUS, 5033
Australian Vintage Ltd is principally engaged in winemaking, wine marketing, and vineyard management in Australia. Its geographical segments are Australia / New Zealand; UK, Europe and Americas, and Asia. The company derives a majority of revenue from UK, Europe and Americas segment. UK, Europe and Americas segment is engaged in the packaging, sales, and marketing of wine in the United Kingdom, Europe and the Americas through wholesale, distributor and retail channels.

Australian Vintage (ASX:AVG) Headlines

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