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Vail Resorts (FRA:VAI) Total Inventories : €140 Mil (As of Oct. 2024)


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What is Vail Resorts Total Inventories?

Vail Resorts's total inventories for the quarter that ended in Oct. 2024 was €140 Mil. Vail Resorts's average total inventories from the quarter that ended in Jul. 2024 to the quarter that ended in Oct. 2024 was €125 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Vail Resorts's Net-Net Working Capital per share for the quarter that ended in Oct. 2024 was €-113.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vail Resorts's Days Inventory for the three months ended in Oct. 2024 was 41.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vail Resorts's Inventory Turnover for the quarter that ended in Oct. 2024 was 2.18.

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. Vail Resorts's Inventory-to-Revenue for the quarter that ended in Oct. 2024 was 0.52.


Vail Resorts Total Inventories Historical Data

The historical data trend for Vail Resorts's Total Inventories 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.

Vail Resorts Total Inventories Chart

Vail Resorts Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.62 67.95 106.88 119.82 109.71

Vail Resorts Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Total Inventories 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 149.35 123.78 100.48 109.71 140.40

Vail Resorts Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Vail Resorts  (FRA:VAI) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Vail Resorts's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2024 is

Net-Net Working Capital Per Share (Q: Oct. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(370.659+0.75 * 119.489+0.5 * 140.402-4495.369
-0-276.502)/37.438
=-113.29

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

Vail Resorts's Days Inventory for the three months ended in Oct. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Oct. 2024 )/Cost of Goods Sold (Q: Oct. 2024 )*Days in Period
=125.0545/272.372*365 / 4
=41.90

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Vail Resorts's Inventory Turnover for the quarter that ended in Oct. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Oct. 2024 ) / Average Total Inventories (Q: Oct. 2024 )
=272.372 / 125.0545
=2.18

4. 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.

Vail Resorts's Inventory to Revenue for the quarter that ended in Oct. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Oct. 2024 ) / Revenue (Q: Oct. 2024 )
=125.0545 / 238.932
=0.52

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Vail Resorts Total Inventories Related Terms

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Vail Resorts Business Description

Traded in Other Exchanges
Address
390 Interlocken Crescent, Broomfield, CO, USA, 80021
Vail Resorts Inc Bhd is a resorts and casinos company that operates mountain resorts and ski areas. The company has three business segments that include Mountain, Lodging, and Real Estate. The Mountain segment operates numerous ski resort properties that offer a variety of winter and summer activities, such as skiing, snowboarding, snowshoeing, hiking, and mountain biking. The Lodging segment owns and operates hotels and condominiums. The Real Estate segment owns, develops, and leases real estate, typically near its other properties. The company generates the vast majority of its revenue within the United States.

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