Vianet Group (LSE:VNET) Days Inventory : 192.44 (As of Sep. 2023)

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What is Vianet Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vianet Group's Average Total Inventories for the six months ended in Sep. 2023 was £2.32 Mil. Vianet Group's Cost of Goods Sold for the six months ended in Sep. 2023 was £2.20 Mil. Hence, Vianet Group's Days Inventory for the six months ended in Sep. 2023 was 192.44.

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

LSE:VNET' s Days Inventory Range Over the Past 10 Years
Min: 89.98 Med: 124.66 Max: 180.91
Current: 180.91

During the past 13 years, Vianet Group's highest Days Inventory was 180.91. The lowest was 89.98. And the median was 124.66.

LSE:VNET's Days Inventory is ranked worse than
88.09% of 680 companies
in the Business Services industry
Industry Median: 29.47 vs LSE:VNET: 180.91

Vianet Group's Days Inventory increased from Sep. 2022 (121.21) to Sep. 2023 (192.44). It might indicate that Vianet Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vianet Group's Inventory Turnover for the six months ended in Sep. 2023 was 0.95.

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. Vianet Group's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.32.

Vianet Group Days Inventory Historical Data

The historical data trend for Vianet Group'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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Vianet Group Days Inventory Chart

Vianet Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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100.10

111.71

161.25

117.80

148.25

Vianet Group 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															117.17	120.59	121.21	173.85	192.44

Competitive Comparison of Vianet Group's Days Inventory

For the Specialty Business Services subindustry, Vianet Group'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.

Vianet Group's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Vianet Group's Days Inventory distribution charts can be found below:

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

Vianet Group Days Inventory Calculation

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

Vianet Group'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
=	( (1.573	+	2.275)	/	2 )	/	4.737	*	365
=	1.924					/	4.737	*	365
=	148.25

Vianet Group'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
=	( (2.275	+	2.371)	/	2 )	/	2.203	*	365 / 2
=	2.323					/	2.203	*	365 / 2
=	192.44

Vianet Group (LSE:VNET) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.203	/	2.323
	=	0.95

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.323	/	7.194
	=	0.32

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.

Vianet Group Days Inventory Related Terms

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

Vianet Group (LSE:VNET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Vianet Group PLC (LSE:VNET) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

One Surtees Way, Surtees Business Park, Stockton on Tees, GBR, TS18 3HR

Website

http://www.vianetplc.com

Vianet Group PLC is a provider of actionable management information and business insight created by combining data from the smart Internet of Things solutions and external information sources. Smart Zones include Data insight and actionable data services as well as design, product development, sale and rental of fluid monitoring equipment. The business of the group is divided into two divisions: Smart Machines and Smart Zones. It generates maximum revenue from the Smart Zones segment. Geographically, it derives maximum of the revenue from the United Kingdom and has a presence in the Rest of Europe and the United States/Canada.