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BOE Varitronix (FRA:VTX) Days Inventory : 75.44 (As of Dec. 2023)


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What is BOE Varitronix Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). BOE Varitronix's Average Total Inventories for the six months ended in Dec. 2023 was €212 Mil. BOE Varitronix's Cost of Goods Sold for the six months ended in Dec. 2023 was €513 Mil. Hence, BOE Varitronix's Days Inventory for the six months ended in Dec. 2023 was 75.44.

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

FRA:VTX' s Days Inventory Range Over the Past 10 Years
Min: 38.47   Med: 90.55   Max: 126.69
Current: 71.86

During the past 13 years, BOE Varitronix's highest Days Inventory was 126.69. The lowest was 38.47. And the median was 90.55.

FRA:VTX's Days Inventory is ranked better than
68.8% of 2407 companies
in the Hardware industry
Industry Median: 102.58 vs FRA:VTX: 71.86

BOE Varitronix's Days Inventory increased from Dec. 2022 (52.43) to Dec. 2023 (75.44). It might indicate that BOE Varitronix'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. BOE Varitronix's Inventory Turnover for the six months ended in Dec. 2023 was 2.42.

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. BOE Varitronix's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.33.


BOE Varitronix Days Inventory Historical Data

The historical data trend for BOE Varitronix'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.

BOE Varitronix Days Inventory Chart

BOE Varitronix 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 82.22 53.62 37.52 48.10 74.31

BOE Varitronix Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 35.03 47.26 52.43 67.97 75.44

Competitive Comparison of BOE Varitronix's Days Inventory

For the Electronic Components subindustry, BOE Varitronix'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.


BOE Varitronix's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, BOE Varitronix's Days Inventory distribution charts can be found below:

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



BOE Varitronix Days Inventory Calculation

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

BOE Varitronix'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
=( (190.124 + 228.622) / 2 ) / 1028.367*365
=209.373 / 1028.367*365
=74.31

BOE Varitronix'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (195.321 + 228.622) / 2 ) / 512.765*365 / 2
=211.9715 / 512.765*365 / 2
=75.44

* 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.


BOE Varitronix  (FRA:VTX) 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.

BOE Varitronix'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.

BOE Varitronix'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.


BOE Varitronix Days Inventory Related Terms

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


BOE Varitronix (FRA:VTX) Business Description

Traded in Other Exchanges
Address
Number 7 Shing Yip Street, Units A - F, 35th Floor, Legend Tower, Kwun Tong, Kowloon, Hong Kong, HKG
BOE Varitronix Ltd is an investment holding company. It is principally engaged in automobile and industrial display products and has a monochrome display manufacturing capacity. It manufactures various products in the category of automobile, industrial, white goods, medical, and other. The company operates in one business segment which is the Manufacture and Sale of Liquid Crystal Displays and Related Products. The company's geographical segments include the PRC, Europe, America, Korea, and other regions, out of which the PRC accounts for the majority of the revenue.

BOE Varitronix (FRA:VTX) Headlines

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