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Vodka Brands (Vodka Brands) Days Inventory : 1,254.69 (As of Dec. 2018)


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What is Vodka Brands Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vodka Brands's Average Total Inventories for the three months ended in Dec. 2018 was $0.14 Mil. Vodka Brands's Cost of Goods Sold for the three months ended in Dec. 2018 was $0.01 Mil. Hence, Vodka Brands's Days Inventory for the three months ended in Dec. 2018 was 1,254.69.

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

VDKB's Days Inventory is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 161.23
* Ranked among companies with meaningful Days Inventory only.

Vodka Brands's Days Inventory increased from Dec. 2016 (597.69) to Dec. 2018 (1,254.69). It might indicate that Vodka Brands's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vodka Brands's Inventory Turnover for the three months ended in Dec. 2018 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. Vodka Brands's Inventory-to-Revenue for the three months ended in Dec. 2018 was 17.19.


Vodka Brands Days Inventory Historical Data

The historical data trend for Vodka Brands'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.

Vodka Brands Days Inventory Chart

Vodka Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
Days Inventory
193.24 506.94 735.07 1,894.52 1,356.42

Vodka Brands Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Dec17 Dec18
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 597.69 997.23 1,665.31 1,604.48 1,254.69

Competitive Comparison of Vodka Brands's Days Inventory

For the Beverages - Wineries & Distilleries subindustry, Vodka Brands'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.


Vodka Brands's Days Inventory Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Vodka Brands's Days Inventory distribution charts can be found below:

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



Vodka Brands Days Inventory Calculation

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

Vodka Brands's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

Days Inventory (A: Dec. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2017 ) + Total Inventories (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (0.139 + 0.136) / 2 ) / 0.037*365
=0.1375 / 0.037*365
=1,356.42

Vodka Brands's Days Inventory for the quarter that ended in Dec. 2018 is calculated as:

Days Inventory (Q: Dec. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2017 ) + Total Inventories (Q: Dec. 2018 )) / count ) / Cost of Goods Sold (Q: Dec. 2018 )*Days in Period
=( (0.139 + 0.136) / 2 ) / 0.01*365 / 4
=0.1375 / 0.01*365 / 4
=1,254.69

* 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.


Vodka Brands  (OTCPK:VDKB) 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.

Vodka Brands's Inventory Turnover for the three months ended in Dec. 2018 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.

Vodka Brands's Inventory to Revenue for the three months ended in Dec. 2018 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.


Vodka Brands Days Inventory Related Terms

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


Vodka Brands (Vodka Brands) Business Description

Traded in Other Exchanges
N/A
Address
510 Roslyn Place, Pittsburgh, PA, USA, 15232
Vodka Brands Corp is engaged in the business of developing, marketing, importing, and distributing vodka products. The company markets and sells its products under the Blue diamond and Diamond girl brand names. Its products are sold to wholesale distributors as well as state alcohol beverage control products in the U.S.