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VEF Radiotehnika RRR (ORSE:RRR1R) Days Inventory : 1,231.88 (As of Sep. 2020)


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What is VEF Radiotehnika RRR Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). VEF Radiotehnika RRR's Average Total Inventories for the three months ended in Sep. 2020 was €0.05 Mil. VEF Radiotehnika RRR's Cost of Goods Sold for the three months ended in Sep. 2020 was €0.00 Mil. Hence, VEF Radiotehnika RRR's Days Inventory for the three months ended in Sep. 2020 was 1,231.88.

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

ORSE:RRR1R's Days Inventory is not ranked *
in the Hardware industry.
Industry Median: 101.86
* Ranked among companies with meaningful Days Inventory only.

VEF Radiotehnika RRR's Days Inventory declined from Sep. 2019 (2,121.56) to Sep. 2020 (1,231.88).

Inventory Turnover measures how fast the company turns over its inventory within a year. VEF Radiotehnika RRR's Inventory Turnover for the three months ended in Sep. 2020 was 0.07.

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. VEF Radiotehnika RRR's Inventory-to-Revenue for the three months ended in Sep. 2020 was 27.00.


VEF Radiotehnika RRR Days Inventory Historical Data

The historical data trend for VEF Radiotehnika RRR'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.

VEF Radiotehnika RRR Days Inventory Chart

VEF Radiotehnika RRR Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 41.90 51.45 91.66 337.82

VEF Radiotehnika RRR Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 2,121.56 - 730.00 5,018.75 1,231.88

Competitive Comparison of VEF Radiotehnika RRR's Days Inventory

For the Consumer Electronics subindustry, VEF Radiotehnika RRR'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.


VEF Radiotehnika RRR's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, VEF Radiotehnika RRR's Days Inventory distribution charts can be found below:

* The bar in red indicates where VEF Radiotehnika RRR's Days Inventory falls into.



VEF Radiotehnika RRR Days Inventory Calculation

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

VEF Radiotehnika RRR's Days Inventory for the fiscal year that ended in Dec. 2019 is calculated as

Days Inventory (A: Dec. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (0.046 + 0.041) / 2 ) / 0.047*365
=0.0435 / 0.047*365
=337.82

VEF Radiotehnika RRR's Days Inventory for the quarter that ended in Sep. 2020 is calculated as:

Days Inventory (Q: Sep. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2020 ) + Total Inventories (Q: Sep. 2020 )) / count ) / Cost of Goods Sold (Q: Sep. 2020 )*Days in Period
=( (0 + 0.054) / 1 ) / 0.004*365 / 4
=0.054 / 0.004*365 / 4
=1,231.88

* 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.


VEF Radiotehnika RRR  (ORSE:RRR1R) 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.

VEF Radiotehnika RRR's Inventory Turnover for the three months ended in Sep. 2020 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.

VEF Radiotehnika RRR's Inventory to Revenue for the three months ended in Sep. 2020 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.


VEF Radiotehnika RRR Days Inventory Related Terms

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


VEF Radiotehnika RRR (ORSE:RRR1R) Business Description

Traded in Other Exchanges
N/A
Address
Kurzemes prospekts 3, Riga, LVA, LV-1067
VEF Radiotehnika RRR is a Latvia based company engaged in the activity of purchase and sales of acoustic systems and their enclosures. It is also involved in the real estate renting services activity. The company primarily manufactures loudspeaker cabinets for companies in Italy, Germany and Czech Republic. Its products include Active Subwoofer, Center Channel, Floorstanding, Rigonda S Home Theater.

VEF Radiotehnika RRR (ORSE:RRR1R) Headlines

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