Vistry Group (CHIX:VTYL) Inventory Turnover : 0.47 (As of Jun. 2024)

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What is Vistry Group Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Vistry Group's Cost of Goods Sold for the six months ended in Jun. 2024 was £1,489 Mil. Vistry Group's Average Total Inventories for the quarter that ended in Jun. 2024 was £3,156 Mil. Vistry Group's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.47.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vistry Group's Days Inventory for the six months ended in Jun. 2024 was 386.91.

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. Vistry Group's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 1.83.

Vistry Group Inventory Turnover Historical Data

The historical data trend for Vistry Group's Inventory Turnover 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.

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Vistry Group Inventory Turnover Chart

Vistry Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.70

1.03

1.04

0.98

1.02

Vistry Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial															0.51	0.54	0.44	0.53	0.47

Vistry Group Inventory Turnover Calculation

Vistry Group's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	3018.8	/ (	(2838.1	+	3100.7)	/	2 )
=	3018.8	/	2969.4
=	1.02

Vistry Group's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	1488.8	/ (	(3100.7	+	3212)	/	2 )
=	1488.8	/	3156.35
=	0.47

Vistry Group (CHIX:VTYl) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Vistry Group's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	3156.35	/	1488.8	*	365 / 2
	=	386.91

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.

Vistry Group's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	3156.35	/	1723.5
	=	1.83

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Vistry Group Inventory Turnover Related Terms

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Vistry Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Vistry Group PLC (CHIX:VTYl) » Definitions » Inventory Turnover

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BVHMY:USA BVHMF:USA VTY:UK 44B:Germany 44B:Germany

Address

11 Tower View, Kings Hill, West Malling, Kent, GBR, ME19 4UY

Website

https://www.vistrygroup.co.uk

Vistry Group PLC is a construction company that focuses on residential construction. It operates in two segments: Housebuilding, which develops sites across England and provides private and affordable housing; and Partnerships segment, which partners with housing associations and other public sector businesses across England to deliver either the development of private and affordable housing. Some of its Brands are Bovis, Linden, Vistry Partnerships, and Drew Smith. The company has properties at Warwick, Winnersh, Winchester, Rugby, Wokingham, Devon, Cambridge, Bursledon, among others.

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