Vonex (ASX:VN8) Days Inventory : 2.48 (As of Dec. 2024)

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What is Vonex Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vonex's Average Total Inventories for the six months ended in Dec. 2024 was A$0.17 Mil. Vonex's Cost of Goods Sold for the six months ended in Dec. 2024 was A$12.60 Mil. Hence, Vonex's Days Inventory for the six months ended in Dec. 2024 was 2.48.

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

ASX:VN8' s Days Inventory Range Over the Past 10 Years
Min: 2.44 Med: 3.01 Max: 3.89
Current: 2.54

During the past 8 years, Vonex's highest Days Inventory was 3.89. The lowest was 2.44. And the median was 3.01.

ASX:VN8's Days Inventory is ranked better than
92.57% of 296 companies
in the Telecommunication Services industry
Industry Median: 19.005 vs ASX:VN8: 2.54

Vonex's Days Inventory declined from Dec. 2023 (2.50) to Dec. 2024 (2.48).

Inventory Turnover measures how fast the company turns over its inventory within a year. Vonex's Inventory Turnover for the six months ended in Dec. 2024 was 73.69.

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. Vonex's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.01.

Vonex Days Inventory Historical Data

The historical data trend for Vonex'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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Vonex Days Inventory Chart

Vonex Annual Data

Trend

Dec17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Inventory

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2.72

3.89

3.30

2.44

Vonex Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Inventory	Get a 7-Day Free Trial										4.44	2.41	2.50	2.38	2.48

Competitive Comparison of Vonex's Days Inventory

For the Telecom Services subindustry, Vonex'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.

Vonex's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Vonex's Days Inventory distribution charts can be found below:

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

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Vonex Days Inventory Calculation

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

Vonex's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

	Days Inventory (A: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (0.187	+	0.171)	/	2 )	/	26.773	*	365
=	0.179					/	26.773	*	365
=	2.44

Vonex'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
=	( (0.171	+	0)	/	1 )	/	12.601	*	365 / 2
=	0.171					/	12.601	*	365 / 2
=	2.48

Vonex (ASX:VN8) 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.

Vonex's Inventory Turnover for the six months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	12.601	/	0.171
	=	73.69

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.171	/	23.195
	=	0.01

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.

Vonex Days Inventory Related Terms

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

Vonex Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Vonex Ltd (ASX:VN8) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

303 Coronation Drive, Level 6, Milton, QLD, AUS, 4064

Website

https://www.vonex.com.au

Vonex Ltd is an Australia-based telecommunications company. The Company also provides a full range of traditional telecommunications products such as mobile and internet. Its wholesale customers, such as internet service providers, can access the core Vonex PBX, call termination services, hardware, mobile , and internet at wholesale rates via a white-label model. Vonex also delivers custom-built software solutions to wholesale customers to facilitate projects of scale. Geographically, the company has operations in Australia and the United States. It generates a vast majority of the revenues from the retail segment within Australia.

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