Days Inventory is also known as Days Sales of Inventory (DSI). Via Renewables's Average Total Inventories for the
three
months ended in Dec. 2023 was $3.1 Mil. Via Renewables's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $76.3 Mil.
Hence, Via Renewables's Days Inventory for the
three
months ended in Dec. 2023 was 3.68.
The historical rank and industry rank for Via Renewables's Days Inventory or its related term are showing as below:
VIA'
s Days Inventory Range Over the Past 10 Years
Min: 1.8 Med: 2.99 Max: 8.85
Current: 3.06
During the past 12 years, Via Renewables's highest Days Inventory was 8.85. The lowest was 1.80. And the median was 2.99.
VIA's Days Inventory is ranked better than 87.1% of 465
companies
in the Utilities - Regulated industry
Industry Median: 22.67
vs VIA: 3.06
Via Renewables's Days Inventory
increased
from Dec. 2022 (3.55) to Dec. 2023 (3.68).
It might indicate that Via Renewables's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Via Renewables's Inventory Turnover for the
three
months ended in Dec. 2023 was 24.82.
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.
Via Renewables's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.03.
Via Renewables Days Inventory Historical Data
The historical data trend for Via Renewables'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.
Competitive Comparison of Via Renewables's Days Inventory
For the Utilities - Regulated Electric subindustry, Via Renewables'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.
Via Renewables's Days Inventory Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Via Renewables's Days Inventory distribution charts can be found below:
* The bar in red indicates where Via Renewables's Days Inventory falls into.
Via Renewables Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Via Renewables's Days Inventory for the fiscal year that 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.
Via Renewables (NAS:VIA) 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.
Via Renewables'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.
Via Renewables'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.
Via Renewables Days Inventory Related Terms
Thank you for viewing the detailed overview of Via Renewables's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Via Renewables (Via Renewables) Business Description
Via Renewables Inc is an independent retail energy services company. It provides residential and commercial customers in competitive markets across the United States with an alternative choice for natural gas and electricity. Via Renewables offers its customers a variety of product and service choices, including stable and predictable energy costs and green product alternatives. Its segments are Retail Electricity and Retail Natural Gas. The key revenue is derived from the Retail Electricity segment in which the company purchase electricity supply through physical and financial transactions with market counterparties and ISOs and supplies electricity to residential and commercial consumers pursuant to fixed-price and variable-price contracts.
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