The historical rank and industry rank for Virco Manufacturing's Days Inventory or its related term are showing as below:
VIRC'
s Days Inventory Range Over the Past 10 Years
Min: 91.47 Med: 124.09 Max: 163.21
Current: 163.21
During the past 13 years, Virco Manufacturing's highest Days Inventory was 163.21. The lowest was 91.47. And the median was 124.09.
VIRC's Days Inventory is ranked worse than 78.82% of 406
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 105.895
vs VIRC: 163.21
Virco Manufacturing's Days Inventory
declined
from Jan. 2023 (221.03) to Jan. 2024 (201.70).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Virco Manufacturing's Inventory Turnover for the
three
months ended in Jan. 2024 was 0.45.
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.
Virco Manufacturing's Inventory-to-Revenue for the
three
months ended in Jan. 2024 was 1.38.
Virco Manufacturing Days Inventory Historical Data
The historical data trend for Virco Manufacturing'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 Virco Manufacturing's Days Inventory
For the Furnishings, Fixtures & Appliances subindustry, Virco Manufacturing'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.
Virco Manufacturing's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Virco Manufacturing's Days Inventory distribution charts can be found below:
* The bar in red indicates where Virco Manufacturing's Days Inventory falls into.
Virco Manufacturing Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Virco Manufacturing's Days Inventory for the fiscal year that ended in Jan. 2024 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.
Virco Manufacturing (NAS:VIRC) 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.
Virco Manufacturing's Inventory Turnover for the
three
months ended in Jan. 2024 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.
Virco Manufacturing's Inventory to Revenue for the
three
months ended in Jan. 2024 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.
Virco Manufacturing Days Inventory Related Terms
Thank you for viewing the detailed overview of Virco Manufacturing's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Virco Manufacturing (Virco Manufacturing) Business Description
Virco Manufacturing Corp is engaged in designing, production and distributing quality furniture for the commercial and education markets. The company manufactures an assortment of products, including mobile tables, mobile storage equipment, desks, computer furniture, chairs, and activity tables, folding chairs, and folding tables. Its primary furniture lines are constructed of tubular metal legs and frames, combined with wood and plastic tops, plastic seats and backs, upholstered seats and backs, and upholstered rigid polyethylene and polypropylene shells. Geographically, it operates in the United States and Canada.
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