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Vecima Networks (FRA:VCM) Days Inventory : 311.21 (As of Mar. 2024)


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What is Vecima Networks Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vecima Networks's Average Total Inventories for the three months ended in Mar. 2024 was €98.6 Mil. Vecima Networks's Cost of Goods Sold for the three months ended in Mar. 2024 was €28.9 Mil. Hence, Vecima Networks's Days Inventory for the three months ended in Mar. 2024 was 311.21.

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

FRA:VCM' s Days Inventory Range Over the Past 10 Years
Min: 88.61   Med: 158.32   Max: 283.55
Current: 283.55

During the past 13 years, Vecima Networks's highest Days Inventory was 283.55. The lowest was 88.61. And the median was 158.32.

FRA:VCM's Days Inventory is ranked worse than
90.24% of 2409 companies
in the Hardware industry
Industry Median: 102.02 vs FRA:VCM: 283.55

Vecima Networks's Days Inventory increased from Mar. 2023 (193.44) to Mar. 2024 (311.21). It might indicate that Vecima Networks's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vecima Networks's Inventory Turnover for the three months ended in Mar. 2024 was 0.29.

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. Vecima Networks's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.81.


Vecima Networks Days Inventory Historical Data

The historical data trend for Vecima Networks'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.

Vecima Networks Days Inventory Chart

Vecima Networks Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 124.68 126.16 86.97 120.46 174.47

Vecima Networks 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 193.44 235.31 333.73 400.51 311.21

Competitive Comparison of Vecima Networks's Days Inventory

For the Communication Equipment subindustry, Vecima Networks'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.


Vecima Networks's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Vecima Networks's Days Inventory distribution charts can be found below:

* The bar in red indicates where Vecima Networks's Days Inventory falls into.



Vecima Networks Days Inventory Calculation

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

Vecima Networks's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (36.652 + 70.584) / 2 ) / 112.173*365
=53.618 / 112.173*365
=174.47

Vecima Networks'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
=( (99.252 + 97.979) / 2 ) / 28.915*365 / 4
=98.6155 / 28.915*365 / 4
=311.21

* 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.


Vecima Networks  (FRA:VCM) 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.

Vecima Networks's Inventory Turnover for the three months ended in Mar. 2024 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.

Vecima Networks's Inventory to Revenue for the three months ended in Mar. 2024 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.


Vecima Networks Days Inventory Related Terms

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


Vecima Networks (FRA:VCM) Business Description

Traded in Other Exchanges
Address
771 Vanalman Avenue, Victoria, BC, CAN, V8Z 3B8
Vecima Networks Inc focuses on developing integrated hardware and scalable software solutions for broadband access, content delivery, and telematics. The company enables innovators to advance, connect, entertain, and analyze. It operates in three segments namely Video and Broadband Solutions, Content Delivery & Storage, and Telematics. The Video and Broadband Solutions segment design, develop, and distributes electronic communications products to cable and telecommunications markets. The Content Delivery and Storage segment develop advanced applications focused on storing, protecting, and transforming and delivering visual media. Its geographical segment includes the United States, Canada, Europe, Japan, and others, of which the majority of the revenue comes from the United States.

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