VIA optronics AG (VIA optronics AG) Days Inventory : 59.53 (As of Sep. 2022)

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What is VIA optronics AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). VIA optronics AG's Average Total Inventories for the three months ended in Sep. 2022 was $37.1 Mil. VIA optronics AG's Cost of Goods Sold for the three months ended in Sep. 2022 was $56.9 Mil. Hence, VIA optronics AG's Days Inventory for the three months ended in Sep. 2022 was 59.53.

The historical rank and industry rank for VIA optronics AG's Days Inventory or its related term are showing as below:

VIAOY's Days Inventory is not ranked ^*
in the Hardware industry.
Industry Median: 103.88
* Ranked among companies with meaningful Days Inventory only.

VIA optronics AG's Days Inventory declined from Sep. 2021 (66.17) to Sep. 2022 (59.53).

Inventory Turnover measures how fast the company turns over its inventory within a year. VIA optronics AG's Inventory Turnover for the three months ended in Sep. 2022 was 1.53.

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 optronics AG's Inventory-to-Revenue for the three months ended in Sep. 2022 was 0.60.

VIA optronics AG Days Inventory Historical Data

The historical data trend for VIA optronics AG'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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VIA optronics AG Days Inventory Chart

VIA optronics AG Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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49.87

50.86

43.05

61.97

56.18

VIA optronics AG Quarterly Data
	Dec17	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Days Inventory	Get a 7-Day Free Trial												73.20	69.92	82.84	59.53	51.81

Competitive Comparison of VIA optronics AG's Days Inventory

For the Electronic Components subindustry, VIA optronics AG'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 optronics AG's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, VIA optronics AG's Days Inventory distribution charts can be found below:

* The bar in red indicates where VIA optronics AG's Days Inventory falls into.

VIA optronics AG Days Inventory Calculation

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

VIA optronics AG's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

	Days Inventory (A: Dec. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (20.993	+	40.508)	/	2 )	/	181.13	*	365
=	30.7505					/	181.13	*	365
=	61.97

VIA optronics AG's Days Inventory for the quarter that ended in Sep. 2022 is calculated as:

	Days Inventory (Q: Sep. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
=	( (42.6	+	31.683)	/	2 )	/	56.93	*	365 / 4
=	37.1415					/	56.93	*	365 / 4
=	59.53

VIA optronics AG (OTCPK:VIAOY) 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 optronics AG's Inventory Turnover for the three months ended in Sep. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	56.93	/	37.1415
	=	1.53

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 optronics AG's Inventory to Revenue for the three months ended in Sep. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	37.1415	/	62.277
	=	0.60

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 optronics AG Days Inventory Related Terms

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

VIA optronics AG (VIA optronics AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » VIA optronics AG (OTCPK:VIAOY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sieboldstrasse 18, Nuremberg, BY, DEU, D-90411

Website

https://www.via-optronics.com

VIA optronics AG provides interactive display solutions and systems for the industrial, automotive and consumer electronics markets. The company develops, manufactures and sells customized and application-specific metal mesh touch sensors and electrode base film materials for use in touch modules or other touch products. The portfolio includes Interactive Display Systems, Display Solutions, and Camera Solutions and Systems.