Days Inventory is also known as Days Sales of Inventory (DSI). VIZIO Holding's Average Total Inventories for the
three
months ended in Dec. 2023 was $12 Mil. VIZIO Holding's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $405 Mil.
Hence, VIZIO Holding's Days Inventory for the
three
months ended in Dec. 2023 was 2.75.
The historical rank and industry rank for VIZIO Holding's Days Inventory or its related term are showing as below:
VZIO'
s Days Inventory Range Over the Past 10 Years
Min: 2.27 Med: 2.89 Max: 3.38
Current: 3.38
During the past 6 years, VIZIO Holding's highest Days Inventory was 3.38. The lowest was 2.27. And the median was 2.89.
VZIO's Days Inventory is ranked better than 99.29% of 2408
companies
in the Hardware industry
Industry Median: 102.52
vs VZIO: 3.38
VIZIO Holding's Days Inventory
declined
from Dec. 2022 (5.05) to Dec. 2023 (2.75).
Inventory Turnover measures how fast the company turns over its inventory within a year.
VIZIO Holding's Inventory Turnover for the
three
months ended in Dec. 2023 was 33.16.
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.
VIZIO Holding's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.02.
VIZIO Holding Days Inventory Historical Data
The historical data trend for VIZIO Holding'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 VIZIO Holding's Days Inventory
For the Consumer Electronics subindustry, VIZIO Holding'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.
VIZIO Holding's Days Inventory Distribution in the Hardware Industry
For the Hardware industry and Technology sector, VIZIO Holding's Days Inventory distribution charts can be found below:
* The bar in red indicates where VIZIO Holding's Days Inventory falls into.
VIZIO Holding Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
VIZIO Holding'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.
VIZIO Holding (NYSE:VZIO) 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.
VIZIO Holding'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.
VIZIO Holding'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.
VIZIO Holding Days Inventory Related Terms
Thank you for viewing the detailed overview of VIZIO Holding's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
VIZIO Holding (VIZIO Holding) Business Description
VIZIO Holding Corp operates two distinct integrated businesses: Device and Platform+. Through Device business, it offers a range of high-performance Smart TVs designed to address specific consumer preferences, as well as a portfolio of soundbars that deliver immersive audio experiences. It generates revenue from the shipment of these devices to retailers and distributors across the United States, as well as directly to consumers through the website. The Platform+ business includes the Smart TV operating system, SmartCast, which delivers a vast amount of content and applications through an easy-to-use interface.
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