IVS Group (CHIX:IVSM) Days Inventory : 91.26 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is IVS Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). IVS Group's Average Total Inventories for the three months ended in Mar. 2024 was €82.7 Mil. IVS Group's Cost of Goods Sold for the three months ended in Mar. 2024 was €82.7 Mil. Hence, IVS Group's Days Inventory for the three months ended in Mar. 2024 was 91.26.

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

CHIX:IVSm' s Days Inventory Range Over the Past 10 Years
Min: 67.24 Med: 84.63 Max: 116.13
Current: 89.01

During the past 13 years, IVS Group's highest Days Inventory was 116.13. The lowest was 67.24. And the median was 84.63.

CHIX:IVSm's Days Inventory is ranked better than
58.77% of 1072 companies
in the Retail - Cyclical industry
Industry Median: 108.69 vs CHIX:IVSm: 89.01

IVS Group's Days Inventory increased from Mar. 2023 (79.34) to Mar. 2024 (91.26). It might indicate that IVS Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. IVS Group's Inventory Turnover for the three months ended in Mar. 2024 was 1.00.

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. IVS Group's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.45.

IVS Group Days Inventory Historical Data

The historical data trend for IVS Group'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.

IVS Group Days Inventory Chart

IVS Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

93.97

116.13

102.51

87.03

85.23

IVS Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															79.34	80.79	97.87	90.28	91.26

Competitive Comparison of IVS Group's Days Inventory

For the Specialty Retail subindustry, IVS Group'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.

IVS Group's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, IVS Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where IVS Group's Days Inventory falls into.

IVS Group Days Inventory Calculation

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

IVS Group'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
=	( (72.35	+	83.893)	/	2 )	/	334.568	*	365
=	78.1215					/	334.568	*	365
=	85.23

IVS Group's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (83.893	+	81.501)	/	2 )	/	82.691	*	365 / 4
=	82.697					/	82.691	*	365 / 4
=	91.26

IVS Group (CHIX:IVSm) 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.

IVS Group's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	82.691	/	82.697
	=	1.00

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.

IVS Group's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	82.697	/	183.152
	=	0.45

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.

IVS Group Days Inventory Related Terms

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

IVS Group (CHIX:IVSM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » IVS Group SA (CHIX:IVSm) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

IVS:Italy

Address

Via dell`Artigianato, 25, Seriate, Bergamo, ITA, 24068

Website

https://www.ivsgroup.it

IVS Group SA is into vending machine business engaged in operating in four segments; Vending sector offers the sale and supply of goods, food, and beverages via automated and semiautomated vending machines, Reselling sector includes sales of vending machines and food to small companies operating in the vending business, Ho.Re.Ca sector comprises sales through the specific distribution channel of the hotel, and restaurant to companies selling food and beverages, and Coin sector comprises management of metallic money (coins) (collection, packaging, and delivery), e-money, and payment services businesses. The company derives a majority of its revenue from Italy.

IVS Group (CHIX:IVSM) Headlines

No Headlines