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Viva Goods Co (Viva Goods Co) Days Inventory : 279.43 (As of Jun. 2023)


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What is Viva Goods Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Viva Goods Co's Average Total Inventories for the three months ended in Jun. 2023 was $503 Mil. Viva Goods Co's Cost of Goods Sold for the three months ended in Jun. 2023 was $164 Mil. Hence, Viva Goods Co's Days Inventory for the three months ended in Jun. 2023 was 279.43.

The historical rank and industry rank for Viva Goods Co's Days Inventory or its related term are showing as below:

VVCHF' s Days Inventory Range Over the Past 10 Years
Min: 0.11   Med: 34.77   Max: 222.55
Current: 222.55

During the past 13 years, Viva Goods Co's highest Days Inventory was 222.55. The lowest was 0.11. And the median was 34.77.

VVCHF's Days Inventory is ranked worse than
76.85% of 1015 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.14 vs VVCHF: 222.55

Viva Goods Co's Days Inventory increased from Jun. 2022 (119.45) to Jun. 2023 (279.43). It might indicate that Viva Goods Co'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. Viva Goods Co's Inventory Turnover for the three months ended in Jun. 2023 was 0.33.

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. Viva Goods Co's Inventory-to-Revenue for the three months ended in Jun. 2023 was 1.62.


Viva Goods Co Days Inventory Historical Data

The historical data trend for Viva Goods Co'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.

Viva Goods Co Days Inventory Chart

Viva Goods Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 69.40 105.15 211.88 221.65

Viva Goods Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 17.24 249.00 224.11 279.43 -

Competitive Comparison of Viva Goods Co's Days Inventory

For the Apparel Manufacturing subindustry, Viva Goods Co'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.


Viva Goods Co's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Viva Goods Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Viva Goods Co's Days Inventory falls into.



Viva Goods Co Days Inventory Calculation

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

Viva Goods Co's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (521.634 + 425.292) / 2 ) / 779.682*365
=473.463 / 779.682*365
=221.65

Viva Goods Co's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (0 + 502.855) / 1 ) / 164.211*365 / 4
=502.855 / 164.211*365 / 4
=279.43

* 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.


Viva Goods Co  (OTCPK:VVCHF) 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.

Viva Goods Co's Inventory Turnover for the three months ended in Jun. 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.

Viva Goods Co's Inventory to Revenue for the three months ended in Jun. 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.


Viva Goods Co Days Inventory Related Terms

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


Viva Goods Co (Viva Goods Co) Business Description

Traded in Other Exchanges
Address
9 Tong Yin Street, 2/F, Pop Office, Tseung Kwan O, New Territories, Hong Kong, HKG
Viva Goods Co Ltd is principally engaged in the operation of multi-brand apparel and footwear business. The company also engages in the sports experience business, including the operation, service provision, and investment of sports destinations, sports competitions, and events, as well as an e-sports club.

Viva Goods Co (Viva Goods Co) Headlines

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