VEII (Value Exchange International) Days Inventory: 6.46 (As of Sep. 2024)


What is Value Exchange International Days Inventory?

Value Exchange International VEII Days Inventory is 6.46 as of Sep. 2024.

Days Inventory is also known as Days Sales of Inventory (DSI). Value Exchange International's Average Total Inventories for the three months ended in Sep. 2024 was $0.27 Mil. Value Exchange International's Cost of Goods Sold for the three months ended in Sep. 2024 was $3.80 Mil. Hence, Value Exchange International's Days Inventory for the three months ended in Sep. 2024 was 6.46.

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

VEII's Days Inventory is not ranked *
in the Software industry.
Industry Median: 20.41
* Ranked among companies with meaningful Days Inventory only.

Value Exchange International's Days Inventory declined from Sep. 2023 (9.75) to Sep. 2024 (6.46).

Inventory Turnover measures how fast the company turns over its inventory within a year. Value Exchange International's Inventory Turnover for the three months ended in Sep. 2024 was 14.13.

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. Value Exchange International's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.06.

Value Exchange International  (OTCPK:VEII) 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.

Value Exchange International's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=3.795 / 0.2685
=14.13

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.

Value Exchange International's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.2685 / 4.387
=0.06

* 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.

Value Exchange International Days Inventory Related Terms

Value Exchange International Days Inventory Historical Data

* Premium members only.

The historical data trend for Value Exchange International'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.

Value Exchange International Days Inventory Chart

Value Exchange International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.07 4.52 15.68 12.16 7.61

Value Exchange International 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 9.75 6.82 8.81 5.01 6.46

VEII vs FRQN, HWNID, SEAV: Days Inventory Comparison

For the Information Technology Services subindustry, Value Exchange International'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.

Value Exchange International Days Inventory vs Software Industry

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

* The bar in red indicates where Value Exchange International's Days Inventory falls into.


Value Exchange International Days Inventory Calculation

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

Value Exchange International's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0.226 + 0) / 1 ) / 10.846*365
=0.226 / 10.846*365
=7.61

Value Exchange International'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
=( (0.161 + 0.376) / 2 ) / 3.795*365 / 4
=0.2685 / 3.795*365 / 4
=6.46

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 6.46 mean?
Value Exchange International (VEII) has a Days Inventory of 6.46 as of Sep. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Value Exchange International and its competitors.
Is Value Exchange International's Days Inventory too high?
Value Exchange International's current Days Inventory is 6.46. The Software industry median Days Inventory is 20.41. Value Exchange International's value of 6.46 is 68.3% below this industry median.
How does Value Exchange International's Days Inventory compare to FRQN and HWNID?
Value Exchange International's Days Inventory of 6.46 can be compared against companies in the Software industry. The industry median Days Inventory is 20.41. Value Exchange International's value of 6.46 is 68.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Software company?
The median Days Inventory among Software companies is 20.41, based on 1,651 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Value Exchange International's current Days Inventory of 6.46 is 68.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Value Exchange International and its competitors. For the Software industry, the median Days Inventory is 20.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Value Exchange International's current Days Inventory is 6.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Value Exchange International stock overvalued right now?
Value Exchange International (VEII) has a current Days Inventory of 6.46. The current Days Inventory is 6.46 and 68.3% below the Software industry median of 20.41. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Value Exchange International (VEII), the current Days Inventory is 6.46 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Value Exchange International Business Description

Address 18 Sheung Yuet Road, 10th Floor, FT Life Tower, Kowloon Bay, Kowloon, Hong Kong, HKG, 999077
Value Exchange International Inc is a United States-based software company. Its business activities include providing credit and debit card processing services to multinational retailers in Asia and engaging in the systems development and information technology business. It offers Point of Sale equipment, Payment devices, Offer management and CRM related software solutions, and Software support services for the retail industry in China, Hong Kong, and Manila, Philippines.