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Vonovia SE (FRA:VNAA) Days Inventory

: 268.59 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Vonovia SE's Average Total Inventories for the three months ended in Dec. 2023 was €1,984 Mil. Vonovia SE's Cost of Goods Sold for the three months ended in Dec. 2023 was €674 Mil. Hence, Vonovia SE's Days Inventory for the three months ended in Dec. 2023 was 268.59.

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

FRA:VNAA' s Days Inventory Range Over the Past 10 Years
Min: 0.75   Med: 59.42   Max: 278.94
Current: 278.94

During the past 13 years, Vonovia SE's highest Days Inventory was 278.94. The lowest was 0.75. And the median was 59.42.

FRA:VNAA's Days Inventory is ranked better than
70.18% of 1318 companies
in the Real Estate industry
Industry Median: 690.265 vs FRA:VNAA: 278.94

Vonovia SE's Days Inventory increased from Dec. 2022 (183.75) to Dec. 2023 (268.59). It might indicate that Vonovia SE'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. Vonovia SE's Inventory Turnover for the three months ended in Dec. 2023 was 0.34.

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. Vonovia SE's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.45.


Vonovia SE Days Inventory Historical Data

The historical data trend for Vonovia SE'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.

Vonovia SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 87.76 110.95 94.66 97.00 275.77

Vonovia SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 183.75 303.04 257.46 294.23 268.59

Competitive Comparison

For the Real Estate Services subindustry, Vonovia SE'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.


Vonovia SE Days Inventory Distribution

For the Real Estate industry and Real Estate sector, Vonovia SE's Days Inventory distribution charts can be found below:

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



Vonovia SE Days Inventory Calculation

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

Vonovia SE'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
=( (2188.4 + 1977.4) / 2 ) / 2756.9*365
=2082.9 / 2756.9*365
=275.77

Vonovia SE's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1991.5 + 1977.4) / 2 ) / 674.2*365 / 4
=1984.45 / 674.2*365 / 4
=268.59

* 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.


Vonovia SE  (FRA:VNAA) 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.

Vonovia SE'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.

Vonovia SE'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.


Vonovia SE Days Inventory Related Terms

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


Vonovia SE (FRA:VNAA) Business Description

Address
Universitatsstrasse 133, Bochum, DEU, 44803
Vonovia SE is a residential real estate company based out of Germany. Vonovia owns and manages a multitude of residential units in many German cities and regions. The company makes long-term investments in the maintenance, modernization, and senior-friendly conversion of its properties. In addition to conducting property management, it handles financing, service, and coordination tasks. Furthermore, it is responsible for the control and monitoring systems as well as risk management. Operations are split into three units: rental, extension, and sales. Outside of extension and rental services, Vonovia's sales activities include managing its portfolio and real estate sales from any of its subportfolios.

Vonovia SE (FRA:VNAA) Headlines

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