Days Inventory is also known as Days Sales of Inventory (DSI). Vulcan Steel's Average Total Inventories for the
six
months ended in Dec. 2023 was A$376 Mil. Vulcan Steel's Cost of Goods Sold for the
six
months ended in Dec. 2023 was A$339 Mil.
Hence, Vulcan Steel's Days Inventory for the
six
months ended in Dec. 2023 was 202.66.
The historical rank and industry rank for Vulcan Steel's Days Inventory or its related term are showing as below:
ASX:VSL'
s Days Inventory Range Over the Past 10 Years
Min: 167.69 Med: 173.52 Max: 212.22
Current: 212.22
During the past 3 years, Vulcan Steel's highest Days Inventory was 212.22. The lowest was 167.69. And the median was 173.52.
ASX:VSL's Days Inventory is ranked worse than 91.97% of 573
companies
in the Steel industry
Industry Median: 85.66
vs ASX:VSL: 212.22
Vulcan Steel's Days Inventory
increased
from Dec. 2022 (185.63) to Dec. 2023 (202.66).
It might indicate that Vulcan Steel'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.
Vulcan Steel's Inventory Turnover for the
six
months ended in Dec. 2023 was 0.90.
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.
Vulcan Steel's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.72.
Vulcan Steel Days Inventory Historical Data
The historical data trend for Vulcan Steel'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.
Vulcan Steel Annual Data
Trend
Jun21
Jun22
Jun23
Days Inventory
-
167.69
179.35
Vulcan Steel Semi-Annual Data
Dec21
Jun22
Dec22
Jun23
Dec23
Days Inventory
177.40
184.52
185.63
219.94
202.66
Competitive Comparison
For the Steel subindustry, Vulcan Steel'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.
Vulcan Steel Days Inventory Distribution
For the Steel industry and Basic Materials sector, Vulcan Steel's Days Inventory distribution charts can be found below:
* The bar in red indicates where Vulcan Steel's Days Inventory falls into.
Vulcan Steel Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Vulcan Steel's Days Inventory for the fiscal year that 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.
Vulcan Steel (ASX:VSL) 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.
Vulcan Steel's Inventory Turnover for the
six
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.
Vulcan Steel's Inventory to Revenue for the
six
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.
Vulcan Steel Days Inventory Related Terms
Thank you for viewing the detailed overview of Vulcan Steel's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Vulcan Steel Ltd is a metals distributor and processor. Its products include Steel, Stainless Steel, Engineering steel, Plate processing, and Coil processing. The company has two operating segments namely, Steel business across New Zealand and Australia which includes Steel distribution, Plate processing, and Coil processing; and Metals business across New , which includes Stainless Steel, Engineering Steel and Aluminium.
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