GV (Visionary Holdings) Days Inventory : 0.00 (As of Mar. 2024)

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What is Visionary Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Visionary Holdings's Average Total Inventories for the six months ended in Mar. 2024 was $0.00 Mil. Visionary Holdings's Cost of Goods Sold for the six months ended in Mar. 2024 was $3.58 Mil. Hence, Visionary Holdings's Days Inventory for the six months ended in Mar. 2024 was 0.00.

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

During the past 5 years, Visionary Holdings's highest Days Inventory was 3316.69. The lowest was 116.13. And the median was 215.42.

GV's Days Inventory is not ranked ^*
in the Education industry.
Industry Median: 7.425
* Ranked among companies with meaningful Days Inventory only.

Visionary Holdings's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Visionary Holdings's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.00.

Visionary Holdings Days Inventory Historical Data

The historical data trend for Visionary Holdings'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.

Visionary Holdings Days Inventory Chart

Visionary Holdings Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

3,316.69

215.42

116.13

Visionary Holdings Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Inventory	Get a 7-Day Free Trial				32.95	-	-	-	-

Competitive Comparison of Visionary Holdings's Days Inventory

For the Education & Training Services subindustry, Visionary Holdings'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.

Visionary Holdings's Days Inventory Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Visionary Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Visionary Holdings's Days Inventory falls into.

Visionary Holdings Days Inventory Calculation

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

Visionary Holdings's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

	Days Inventory (A: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	6.841	*	365
=	0					/	6.841	*	365
=	0.00

Visionary Holdings'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: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	3.579	*	365 / 2
=	0					/	3.579	*	365 / 2
=	0.00

Visionary Holdings (NAS:GV) 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.

Visionary Holdings's Inventory Turnover for the six months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.579	/	0
	=

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.

Visionary Holdings's Inventory to Revenue for the six months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	4.427
	=	0.00

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.

Visionary Holdings Days Inventory Related Terms

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

Visionary Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Visionary Holdings Inc (NAS:GV) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

105 Moatfield Drive, Unit 1003, Toronto, ON, CAN, M3B 0A2

Website

https://www.visiongroupca.com

Visionary Holdings Inc is a private education providing company located in Canada, with subsidiaries in Canada and market partners in China, that offers high-quality education resources to students around the globe. The company aims to provide access to secondary, college, undergraduate and graduate, and vocational education to students in Canada through technological innovation so that more people can learn, grow, and succeed to their full potential. As a fully integrated provider of educational programs and services in Canada, the company has been serving and will continue to serve both Canadian and international students.