Vestis's change in inventory for the quarter that ended in Mar. 2024 was $7 Mil. It means Vestis's inventory
declined by $7 Mil
from Dec. 2023 to Mar. 2024 .
Vestis's change in inventory for the fiscal year that ended in Sep. 2023 was $4 Mil. It means Vestis's inventory
declined by $4 Mil
from Sep. 2022 to Sep. 2023 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Vestis's Days Inventory for the quarter that ended in Mar. 2024 was 98.74.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Vestis's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.92.
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.
Vestis's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.77.
Vestis Change In Inventory Historical Data
The historical data trend for Vestis's Change In 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.
Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.
Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $65 Mil.
* 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.
Vestis (NYSE:VSTS) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Vestis's Days Inventory for the quarter that ended in is calculated as:
3. 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.
Vestis's Inventory to Revenue for the quarter that ended in Mar. 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.
Vestis Change In Inventory Related Terms
Thank you for viewing the detailed overview of Vestis's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Vestis Corp is a provider of uniform rentals and workplace supplies across the United States and Canada. It provides uniforms, mats, towels, linens, restroom supplies, first-aid supplies, safety products, and other workplace supplies. The Company serves customers ranging from small, family-owned operations with a single location to large corporations and national franchises with multiple locations. The company operates in the United States and Canada as reportable segments. The company earns the majority of its revenue from the United States.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
VSTS has been successfully added to your 