Viomi Technology Co (Viomi Technology Co) Days Inventory : 47.86 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Viomi Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Viomi Technology Co's Average Total Inventories for the three months ended in Dec. 2023 was $66.6 Mil. Viomi Technology Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $126.9 Mil. Hence, Viomi Technology Co's Days Inventory for the three months ended in Dec. 2023 was 47.86.

The historical rank and industry rank for Viomi Technology Co's Days Inventory or its related term are showing as below:

VIOT' s Days Inventory Range Over the Past 10 Years
Min: 22.51 Med: 33.5 Max: 82.86
Current: 77.19

During the past 8 years, Viomi Technology Co's highest Days Inventory was 82.86. The lowest was 22.51. And the median was 33.50.

VIOT's Days Inventory is ranked better than
66.01% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 105.195 vs VIOT: 77.19

Viomi Technology Co's Days Inventory declined from Jun. 2022 (77.38) to Dec. 2023 (47.86).

Inventory Turnover measures how fast the company turns over its inventory within a year. Viomi Technology Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.91.

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. Viomi Technology Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.40.

Viomi Technology Co Days Inventory Historical Data

The historical data trend for Viomi Technology Co'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.

Viomi Technology Co Days Inventory Chart

Viomi Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

33.50

31.90

44.64

82.86

90.75

Viomi Technology Co Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															77.38	98.43	71.77	-	47.86

Competitive Comparison of Viomi Technology Co's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Viomi Technology Co'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.

Viomi Technology Co's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Viomi Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Viomi Technology Co's Days Inventory falls into.

Viomi Technology Co Days Inventory Calculation

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

Viomi Technology Co's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (72.047	+	61.934)	/	2 )	/	269.442	*	365
=	66.9905					/	269.442	*	365
=	90.75

Viomi Technology Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (71.196	+	61.934)	/	2 )	/	126.926	*	365 / 4
=	66.565					/	126.926	*	365 / 4
=	47.86

Viomi Technology Co (NAS:VIOT) 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.

Viomi Technology Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	126.926	/	66.565
	=	1.91

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.

Viomi Technology Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	66.565	/	166.521
	=	0.40

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.

Viomi Technology Co Days Inventory Related Terms

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

Viomi Technology Co (Viomi Technology Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Viomi Technology Co Ltd (NAS:VIOT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xingang East Road, Wansheng Square, Room 1302 Tower C, Haizhu District, Guangdong, Guangzhou, CHN, 510220

Website

https://www.viomi.com.cn

Viomi Technology Co Ltd along with its subsidiaries provides Internet of Things (IoT) enabled smart home products through its platform. It has developed an IoT Home platform, consisting of an ecosystem of IoT Home portfolio, and home water solutions, together with a suite of complementary consumable products and small appliances and others. Its product offerings include Smart kitchen products like refrigerators, oven steamers, dishwashers, and gas stoves, Other smart products such as air conditioning systems, washing machines, water heaters, smart water kettles, interactive smart screens, and other smart devices, and Home water solutions include self-branded and Xiaomi-branded smart water purifiers.