Velocys (LSE:VLS) Days Inventory : 12,115.19 (As of Jun. 2023)

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What is Velocys Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Velocys's Average Total Inventories for the six months ended in Jun. 2023 was £0.86 Mil. Velocys's Cost of Goods Sold for the six months ended in Jun. 2023 was £0.01 Mil. Hence, Velocys's Days Inventory for the six months ended in Jun. 2023 was 12,115.19.

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

LSE:VLS' s Days Inventory Range Over the Past 10 Years
Min: 32.79 Med: 825.04 Max: 7773.42
Current: 4679.63

During the past 13 years, Velocys's highest Days Inventory was 7773.42. The lowest was 32.79. And the median was 825.04.

LSE:VLS's Days Inventory is not ranked
in the Oil & Gas industry.
Industry Median: 31.44 vs LSE:VLS: 4679.63

Velocys's Days Inventory increased from Jun. 2022 (4,474.02) to Jun. 2023 (12,115.19). It might indicate that Velocys's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Velocys's Inventory Turnover for the six months ended in Jun. 2023 was 0.02.

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. Velocys's Inventory-to-Revenue for the six months ended in Jun. 2023 was 14.15.

Velocys Days Inventory Historical Data

The historical data trend for Velocys'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.

Velocys Days Inventory Chart

Velocys Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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1,220.68

6,594.89

7,773.42

64.95

3,402.47

Velocys Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial															35.81	-	4,474.02	2,882.82	12,115.19

Competitive Comparison of Velocys's Days Inventory

For the Oil & Gas Equipment & Services subindustry, Velocys'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.

Velocys's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Velocys's Days Inventory distribution charts can be found below:

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

Velocys Days Inventory Calculation

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

Velocys's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.767	+	0.855)	/	2 )	/	0.087	*	365
=	0.811					/	0.087	*	365
=	3,402.47

Velocys's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.855	+	0.871)	/	2 )	/	0.013	*	365 / 2
=	0.863					/	0.013	*	365 / 2
=	12,115.19

Velocys (LSE:VLS) 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.

Velocys's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.013	/	0.863
	=	0.02

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.

Velocys's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.863	/	0.061
	=	14.15

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.

Velocys Days Inventory Related Terms

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

Velocys (LSE:VLS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Velocys PLC (LSE:VLS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

OXFCF:USA VLS.GB:UK O7N:Germany

Address

Robert Robinson Avenue, Magdalen Centre, The Oxford Science Park, Oxford, GBR, OX4 4GA

Website

https://www.velocys.com

Velocys PLC is a UK-based company that is engaged in design, development, marketing, and sale of technology to produce synthetic fuels and specialty products. Its technology is specifically designed for smaller scale gas-to-liquids (GTL) and biomass-to-liquids (BTL). The company's technology turns natural gas or biomass into premium products, such as diesel, jet fuel, waxes, and base oils. The business has a single operating segment: the synthetic fuels segment. Geographically, it derives a majority of revenue from the Americas and has a presence in Europe and the Asia Pacific.

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