Days Inventory is also known as Days Sales of Inventory (DSI). Veolia Environnement's Average Total Inventories for the
six
months ended in Dec. 2023 was €1,560 Mil. Veolia Environnement's Cost of Goods Sold for the
six
months ended in Dec. 2023 was €18,758 Mil.
Hence, Veolia Environnement's Days Inventory for the
six
months ended in Dec. 2023 was 15.18.
The historical rank and industry rank for Veolia Environnement's Days Inventory or its related term are showing as below:
XPAR:VIE'
s Days Inventory Range Over the Past 10 Years
Min: 10.75 Med: 12.92 Max: 14.8
Current: 14.8
During the past 13 years, Veolia Environnement's highest Days Inventory was 14.80. The lowest was 10.75. And the median was 12.92.
XPAR:VIE's Days Inventory is ranked better than 61.72% of 209
companies
in the Waste Management industry
Industry Median: 23.54
vs XPAR:VIE: 14.80
Veolia Environnement's Days Inventory
increased
from Dec. 2022 (14.07) to Dec. 2023 (15.18).
It might indicate that Veolia Environnement's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Veolia Environnement's Inventory Turnover for the
six
months ended in Dec. 2023 was 12.03.
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.
Veolia Environnement's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.07.
Veolia Environnement Days Inventory Historical Data
The historical data trend for Veolia Environnement'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.
Veolia Environnement Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Days Inventory
12.87
13.11
12.32
11.76
14.64
Veolia Environnement Semi-Annual Data
Jun14
Dec14
Jun15
Dec15
Jun16
Dec16
Jun17
Dec17
Jun18
Dec18
Jun19
Dec19
Jun20
Dec20
Jun21
Dec21
Jun22
Dec22
Jun23
Dec23
Days Inventory
11.65
12.28
14.07
14.60
15.18
Competitive Comparison
For the Waste Management subindustry, Veolia Environnement'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.
Veolia Environnement Days Inventory Distribution
For the Waste Management industry and Industrials sector, Veolia Environnement's Days Inventory distribution charts can be found below:
* The bar in red indicates where Veolia Environnement's Days Inventory falls into.
Veolia Environnement Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Veolia Environnement'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.
Veolia Environnement (XPAR:VIE) 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.
Veolia Environnement's Inventory Turnover for the
six
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.
Veolia Environnement's Inventory to Revenue for the
six
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.
Veolia Environnement Days Inventory Related Terms
Thank you for viewing the detailed overview of Veolia Environnement's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Veolia Environnement (XPAR:VIE) Business Description
Veolia is the largest water company globally and a leading player in France. It is also involved in waste management with a significant exposure to France, the United Kingdom, Germany, the United States, and Australia. The third pillar of the group is energy services, giving the group significant exposure to Central Europe. Veolia started to refocus its activities in 2011, leading to the exit of almost half of its countries and of its transport activity. The integration of most activities of the historical rival Suez in 2022 drove a turnover increase of nearly 40%.
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