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VRRM (Verra Mobility) Days Inventory : 148.80 (As of Sep. 2024)


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What is Verra Mobility Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Verra Mobility's Average Total Inventories for the three months ended in Sep. 2024 was $17.9 Mil. Verra Mobility's Cost of Goods Sold for the three months ended in Sep. 2024 was $11.0 Mil. Hence, Verra Mobility's Days Inventory for the three months ended in Sep. 2024 was 148.80.

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

VRRM' s Days Inventory Range Over the Past 10 Years
Min: 1.23   Med: 92.32   Max: 156.51
Current: 149.03

During the past 8 years, Verra Mobility's highest Days Inventory was 156.51. The lowest was 1.23. And the median was 92.32.

VRRM's Days Inventory is ranked worse than
80.61% of 1444 companies
in the Construction industry
Industry Median: 48.145 vs VRRM: 149.03

Verra Mobility's Days Inventory declined from Sep. 2023 (150.90) to Sep. 2024 (148.80).

Inventory Turnover measures how fast the company turns over its inventory within a year. Verra Mobility's Inventory Turnover for the three months ended in Sep. 2024 was 0.61.

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. Verra Mobility's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.08.


Verra Mobility Days Inventory Historical Data

The historical data trend for Verra Mobility'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.

Verra Mobility Days Inventory Chart

Verra Mobility Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial - 1.23 63.38 121.25 156.51

Verra Mobility 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 150.90 149.93 167.75 125.90 148.80

Competitive Comparison of Verra Mobility's Days Inventory

For the Infrastructure Operations subindustry, Verra Mobility'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.


Verra Mobility's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Verra Mobility's Days Inventory distribution charts can be found below:

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



Verra Mobility Days Inventory Calculation

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

Verra Mobility'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
=( (19.307 + 17.966) / 2 ) / 43.463*365
=18.6365 / 43.463*365
=156.51

Verra Mobility'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
=( (17.165 + 18.708) / 2 ) / 10.999*365 / 4
=17.9365 / 10.999*365 / 4
=148.80

* 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.


Verra Mobility  (NAS:VRRM) 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.

Verra Mobility'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.

Verra Mobility'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.


Verra Mobility Days Inventory Related Terms

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


Verra Mobility Business Description

Traded in Other Exchanges
N/A
Address
1150 North Alma School Road, Mesa, AZ, USA, 85201
Verra Mobility Corp provides smart transportation solutions. The company develops and uses technology and data intelligence to help make transportation safer and easier. It operates in three segments namely Commercial Services, Government Solutions, and Parking Solutions. It generates maximum revenue from the Commercial Services segment. The commercial Services segment delivers tolling and violation management services to rental car companies, commercial fleet vehicle owners, and violation issuing authorities.
Executives
Craig C Conti officer: EVP 1 S. WACKER DR., SUITE 1000, CHICAGO IL 60606
David Martin Roberts director, officer: President and CEO 1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Jonathan Baldwin officer: EVP-Government Solutions 1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
John H Rexford director 2828 N HASKELL AVENUE, BLDG 1 FL-10, DALLAS TX 75204
Michael P Huerta director 1800 M STREET NW SUITE 800, WASHINGTON DC 20036
Jonathan Keyser other: Chief Legal Officer 1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Steve Lalla officer: EVP Commercial Services C/O VERTIV HOLDINGS CO, 1050 DEARBORN DRIVE, COLUMBUS OH 43085
Sarah E Farrell director 572 RUGER STREET, SUITE B, SAN FRANCISCO CA 94129
Platinum Equity Llc director, 10 percent owner 360 NORTH CRESCENT DRIVE, BEVERLY HILLS CA 90210
Blake Norman P Iii officer: Pres. T2 Systems 1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Patricia Chiodo officer: Chief Financial Officer 5227 EAST GLORIA LANE, CAVE CREEK AZ 85331
Rebecca Collins officer: General Counsel 1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Mark J. Talbot officer: EVP Government Solutions 1150 NORTH ALMA SCHOOL ROAD, MESA AZ 85201
Patrick J Byrne director 395 PAGE MILL ROAD, MS A3-18, PALO ALTO CA 94306
Garrett Fristoe Miller officer: Executive Vice President 1150 N. ALMA SCHOOL ROAD, MESA AZ 85201