Venture Life Group (LSE:VLG) Days Inventory : 126.98 (As of Dec. 2023)

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What is Venture Life Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Venture Life Group's Average Total Inventories for the six months ended in Dec. 2023 was £11.50 Mil. Venture Life Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £16.53 Mil. Hence, Venture Life Group's Days Inventory for the six months ended in Dec. 2023 was 126.98.

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

LSE:VLG' s Days Inventory Range Over the Past 10 Years
Min: 81.69 Med: 129.04 Max: 165
Current: 136.21

During the past 12 years, Venture Life Group's highest Days Inventory was 165.00. The lowest was 81.69. And the median was 129.04.

LSE:VLG's Days Inventory is ranked better than
60.12% of 973 companies
in the Drug Manufacturers industry
Industry Median: 157.96 vs LSE:VLG: 136.21

Venture Life Group's Days Inventory declined from Dec. 2022 (141.83) to Dec. 2023 (126.98).

Inventory Turnover measures how fast the company turns over its inventory within a year. Venture Life Group's Inventory Turnover for the six months ended in Dec. 2023 was 1.44.

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. Venture Life Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.41.

Venture Life Group Days Inventory Historical Data

The historical data trend for Venture Life 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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Venture Life Group Days Inventory Chart

Venture Life Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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133.87

147.96

165.00

145.76

130.37

Venture Life Group 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															157.74	167.06	141.83	152.76	126.98

Competitive Comparison of Venture Life Group's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Venture Life 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.

Venture Life Group's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Venture Life Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Venture Life Group's Days Inventory falls into.

Venture Life Group Days Inventory Calculation

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

Venture Life Group'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
=	( (11.998	+	10.332)	/	2 )	/	31.26	*	365
=	11.165					/	31.26	*	365
=	130.37

Venture Life Group'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
=	( (12.666	+	10.332)	/	2 )	/	16.527	*	365 / 2
=	11.499					/	16.527	*	365 / 2
=	126.98

Venture Life Group (LSE:VLG) 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.

Venture Life Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	16.527	/	11.499
	=	1.44

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.

Venture Life Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	11.499	/	27.956
	=	0.41

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.

Venture Life Group Days Inventory Related Terms

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

Venture Life Group (LSE:VLG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Venture Life Group PLC (LSE:VLG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Eastern Road, 12 The Courtyard, Bracknell, Berkshire, GBR, RG12 2XB

Website

https://www.venture-life.com

Venture Life Group PLC is an international consumer self-care company. The company focuses on the development and commercialization of healthcare products, including oral care products, food supplements, medical devices, and dermo-cosmetics for the aging population. The company operates in two segments: Venture Life Brands, which includes sales of branded healthcare and cosmetics products, and Customer Brands, which includes sales of products and services under contract development and manufacturing agreements. Its geographical segments include the United Kingdom, Italy, Switzerland, Germany, Netherlands, the Rest of Europe, China, and the Rest of the World.

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