Viva Energy Group (ASX:VEA) Days Inventory : 29.49 (As of Dec. 2024)

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What is Viva Energy Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Viva Energy Group's Average Total Inventories for the six months ended in Dec. 2024 was A$2,308 Mil. Viva Energy Group's Cost of Goods Sold for the six months ended in Dec. 2024 was A$14,281 Mil. Hence, Viva Energy Group's Days Inventory for the six months ended in Dec. 2024 was 29.49.

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

ASX:VEA' s Days Inventory Range Over the Past 10 Years
Min: 20.83 Med: 25.14 Max: 30.49
Current: 28.86

During the past 7 years, Viva Energy Group's highest Days Inventory was 30.49. The lowest was 20.83. And the median was 25.14.

ASX:VEA's Days Inventory is ranked better than
54.44% of 709 companies
in the Oil & Gas industry
Industry Median: 32.86 vs ASX:VEA: 28.86

Viva Energy Group's Days Inventory increased from Dec. 2023 (24.55) to Dec. 2024 (29.49). It might indicate that Viva Energy Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Viva Energy Group's Inventory Turnover for the six months ended in Dec. 2024 was 6.19.

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 Energy Group's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.15.

Viva Energy Group Days Inventory Historical Data

The historical data trend for Viva Energy 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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Viva Energy Group Days Inventory Chart

Viva Energy Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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30.49

24.23

20.83

25.14

26.17

Viva Energy Group Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Inventory	Get a 7-Day Free Trial									25.04	24.88	24.55	30.99	29.49

Competitive Comparison of Viva Energy Group's Days Inventory

For the Oil & Gas Refining & Marketing subindustry, Viva Energy 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.

Viva Energy Group's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Viva Energy Group's Days Inventory distribution charts can be found below:

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

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Viva Energy Group Days Inventory Calculation

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

Viva Energy Group's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (1798	+	2079.6)	/	2 )	/	27041.7	*	365
=	1938.8					/	27041.7	*	365
=	26.17

Viva Energy Group's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (2535.8	+	2079.6)	/	2 )	/	14281.2	*	365 / 2
=	2307.7					/	14281.2	*	365 / 2
=	29.49

Viva Energy Group (ASX:VEA) 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 Energy Group's Inventory Turnover for the six months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	14281.2	/	2307.7
	=	6.19

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 Energy Group's Inventory to Revenue for the six months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2307.7	/	15642.2
	=	0.15

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 Energy Group Days Inventory Related Terms

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

Viva Energy Group Business Description

Industry

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2AH:Germany

Address

720 Bourke Street, Level 16, Docklands, Melbourne, VIC, AUS, 3008

Website

https://www.vivaenergy.com.au

Viva is Australia's second-largest vertically integrated refined transport fuel supplier. We rate Viva as the second-most-significant pipeline owner, and at approximately 1,155 locations, Viva supplies the third-largest number of retail sites in Australia behind Ampol at approximately 1,985 and BP at 1,400.Vitol bought Shell's Australian downstream operations in 2014, and renamed them Viva Energy. Viva subsequently bought Shell's Australian aviation operations and a 50% investment in Liberty Oil. In 2016, Viva sold (and leased back) a portfolio of its retail sites to Viva Energy REIT and listed Viva Energy REIT on the ASX. It has since sold its entire REIT stake for AUD 734 million.