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VOXX International (VOXX International) Days Inventory : 147.80 (As of Nov. 2023)


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What is VOXX International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). VOXX International's Average Total Inventories for the three months ended in Nov. 2023 was $160.2 Mil. VOXX International's Cost of Goods Sold for the three months ended in Nov. 2023 was $98.9 Mil. Hence, VOXX International's Days Inventory for the three months ended in Nov. 2023 was 147.80.

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

VOXX' s Days Inventory Range Over the Past 10 Years
Min: 95.57   Med: 121.61   Max: 172.16
Current: 172.16

During the past 13 years, VOXX International's highest Days Inventory was 172.16. The lowest was 95.57. And the median was 121.61.

VOXX's Days Inventory is ranked worse than
74.43% of 2405 companies
in the Hardware industry
Industry Median: 103.77 vs VOXX: 172.16

VOXX International's Days Inventory declined from Nov. 2022 (166.24) to Nov. 2023 (147.80).

Inventory Turnover measures how fast the company turns over its inventory within a year. VOXX International's Inventory Turnover for the three months ended in Nov. 2023 was 0.62.

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. VOXX International's Inventory-to-Revenue for the three months ended in Nov. 2023 was 1.18.


VOXX International Days Inventory Historical Data

The historical data trend for VOXX International'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.

VOXX International Days Inventory Chart

VOXX International Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 123.60 128.97 103.58 119.61 159.82

VOXX International Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 166.24 164.90 194.45 192.42 147.80

Competitive Comparison of VOXX International's Days Inventory

For the Consumer Electronics subindustry, VOXX International'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.


VOXX International's Days Inventory Distribution in the Hardware Industry

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

* The bar in red indicates where VOXX International's Days Inventory falls into.



VOXX International Days Inventory Calculation

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

VOXX International's Days Inventory for the fiscal year that ended in Feb. 2023 is calculated as

Days Inventory (A: Feb. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2022 ) + Total Inventories (A: Feb. 2023 )) / count ) / Cost of Goods Sold (A: Feb. 2023 )*Days in Period
=( (174.922 + 175.129) / 2 ) / 399.715*365
=175.0255 / 399.715*365
=159.82

VOXX International's Days Inventory for the quarter that ended in Nov. 2023 is calculated as:

Days Inventory (Q: Nov. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2023 ) + Total Inventories (Q: Nov. 2023 )) / count ) / Cost of Goods Sold (Q: Nov. 2023 )*Days in Period
=( (174.195 + 146.244) / 2 ) / 98.918*365 / 4
=160.2195 / 98.918*365 / 4
=147.80

* 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.


VOXX International  (NAS:VOXX) 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.

VOXX International's Inventory Turnover for the three months ended in Nov. 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.

VOXX International's Inventory to Revenue for the three months ended in Nov. 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.


VOXX International Days Inventory Related Terms

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


VOXX International (VOXX International) Business Description

Traded in Other Exchanges
Address
2351 J. Lawson Boulevard, Orlando, FL, USA, 32824
VOXX International Corp manufacturer and distributor in the Automotive Electronics, Consumer Electronics, and Biometrics industries. The consumer electronic products primarily consist of finished goods sold to retail and commercial customers, consisting of premium audio and other consumer electronic products. Automotive products, some of which are manufactured by the Company, are sold both to OEM and aftermarket customers. Biometric products, primarily consisting of finished goods, are sold to retail and commercial customers.
Executives
Beat Kahli 10 percent owner AVALON GROUP INTERNATIONAL, LLC, 3801 AVALON PARK EAST BLVD., STE 400, ORLANDO FL 32828
Steven R Downing director 14814 CREEK EDGE DRIVE, HOLLAND MI 49424
Peter A Lesser director C/O AUDIOVOX CORP, 180 MARCUS BLVD., HAUPPAUGE NY 11788-0518
Patrick M Lavelle director, officer: Senior Vice President 150 MARCUS BLVD, PO BOX 18000, HAUPPAUGE NY 11788
John J Shalam director, 10 percent owner, officer: President and C.E.O. 180 MARCUS BLVD, PO BOX 12427, HAUPPAGE NY 11788-0518
Holding Ag Kahli 10 percent owner RIESBACHSTRASSE 57, ZURICH V8 8008
Edward David Mas officer: President Voxx Automotive Corp C/O VOXX INTERNATIONAL CORPORATION, 180 MARCUS BOULEVARD, HAUPPAUGE NY 11788
John Jr Adamovich director 180 MARCUS BLVD, C/O VOXX INTERNATIONAL CORPORATION, HAUPPAUGE NY 11788
Kreuch Paul C Jr director C/O 180 MARCUS BLVD., PO BOX 12427, HAUPPAUGE NY 11788-0518
Ari Shalam director C/O AUDIOVOX CORP, 150 MARCUS BLVD, HAUPPAUGE NY 11788
Denise W. Gibson director 140 SCHOOL STREET, LIBERTYVILLE IL 60048
Oscar Leonard Bernardo officer: COO Klipsch Group Inc. C/O VOXX INTERNATIONAL CORPORATION, 180 MARCUS BLVD, HAUPPAUGE NY 11788
Ian Sebastian Geise officer: President Voxx Accessories C/O VOXX INTERNATIONAL CORPORATION, 180 MARCUS BLVD, HAUPPAUGE NY 11788
Michael F Klipsch officer: Pres. Global Operations of KGI 180 MARCUS BOULEVARD, C/O AUDIOVOX CORPORATION, HAUPPAUGE X1 11788
Ludwig Geis officer: CEO VOXX Hirschmann Corp STUTTGARTER STRASSE 45 - 51, NECKARTENZLINGEN 2M 72654