Days Inventory is also known as Days Sales of Inventory (DSI). VirTra's Average Total Inventories for the
three
months ended in Dec. 2023 was $11.59 Mil. VirTra's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $1.71 Mil.
Hence, VirTra's Days Inventory for the
three
months ended in Dec. 2023 was 618.86.
The historical rank and industry rank for VirTra's Days Inventory or its related term are showing as below:
VTSI'
s Days Inventory Range Over the Past 10 Years
Min: 46.54 Med: 87.35 Max: 352.83
Current: 343.15
During the past 13 years, VirTra's highest Days Inventory was 352.83. The lowest was 46.54. And the median was 87.35.
VTSI's Days Inventory is ranked worse than 85.07% of 288
companies
in the Aerospace & Defense industry
Industry Median: 141.995
vs VTSI: 343.15
VirTra's Days Inventory
increased
from Dec. 2022 (264.49) to Dec. 2023 (618.86).
It might indicate that VirTra's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
VirTra's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.15.
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.
VirTra's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.15.
VirTra Days Inventory Historical Data
The historical data trend for VirTra'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.
For the Aerospace & Defense subindustry, VirTra'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.
VirTra's Days Inventory Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, VirTra's Days Inventory distribution charts can be found below:
* The bar in red indicates where VirTra's Days Inventory falls into.
VirTra Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
VirTra'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.
VirTra (NAS:VTSI) 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.
VirTra'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.
VirTra'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.
VirTra Days Inventory Related Terms
Thank you for viewing the detailed overview of VirTra's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
VirTra Inc is a U.S.-based company that is engaged in the sale and development of the judgmental use of force training simulators and firearms training simulators for law enforcement, military and commercial uses. It sells simulators and related products across the globe through a direct sales force and international distribution partners. The services provided by the company includes installation, training, limited warranties, service agreements and related support. The company sells and supports use of force training and marksmanship firearms training systems and accessories for law enforcement, military or civilian use. The product line of the company includes simulators, upgrade components, scenarios, scenario software, recoil kits, Threat-Fire and other accessories.
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