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Visionstate (TSXV:VIS) Days Inventory : 0.00 (As of Sep. 2024)


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What is Visionstate Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Visionstate's Average Total Inventories for the three months ended in Sep. 2024 was C$0.00 Mil. Visionstate's Cost of Goods Sold for the three months ended in Sep. 2024 was C$0.54 Mil. Hence, Visionstate's Days Inventory for the three months ended in Sep. 2024 was 0.00.

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

During the past 13 years, Visionstate's highest Days Inventory was 851.67. The lowest was 70.85. And the median was 156.20.

TSXV:VIS's Days Inventory is not ranked *
in the Software industry.
Industry Median: 20.09
* Ranked among companies with meaningful Days Inventory only.

Visionstate's Days Inventory stayed the same from Sep. 2023 (0.00) to Sep. 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. Visionstate's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.00.


Visionstate Days Inventory Historical Data

The historical data trend for Visionstate'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.

Visionstate Days Inventory Chart

Visionstate Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 851.67 547.50 150.76 - -

Visionstate Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

Competitive Comparison of Visionstate's Days Inventory

For the Information Technology Services subindustry, Visionstate'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.


Visionstate's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Visionstate's Days Inventory distribution charts can be found below:

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


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Visionstate Days Inventory Calculation

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

Visionstate's Days Inventory for the fiscal year that ended in Sep. 2024 is calculated as

Days Inventory (A: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2023 ) + Total Inventories (A: Sep. 2024 )) / count ) / Cost of Goods Sold (A: Sep. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0.647*365
=0 / 0.647*365
=0.00

Visionstate's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0.537*365 / 4
=0 / 0.537*365 / 4
=0.00

* 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.


Visionstate  (TSXV:VIS) 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.

Visionstate's Inventory Turnover for the three months ended in Sep. 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.

Visionstate's Inventory to Revenue for the three months ended in Sep. 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.


Visionstate Days Inventory Related Terms

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


Visionstate Business Description

Traded in Other Exchanges
Address
8634 53 Avenue, Edmonton, AB, CAN, T6E 5G2
Visionstate Corp is engaged in interactive electronic business solutions in the form of touchscreen and mobile way-finding and efficiency applications, as well as consulting, graphic and web design, and related services and support. The main focus of the Company is its Visionstate IoT Inc. division. This division is focused on building interactive smart applications into digital display networks that incorporate proprietary facility management software, bundled into a touchscreen computer with integrated computing capacity (WAnDA units) and digital efficiency products. The company is actively marketing these products to large customers such as shopping centres, hospitals, office buildings, airports, schools and other places that require efficiency applications in targeted area.
Executives
Charles Monte Goble 10% Security Holder
Angel Valov Director
James Duke Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Nedyalko Dimitrov Director
John Putters Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Randa Kachkar Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer