Vast Renewables (Vast Renewables) Days Inventory : 0.00 (As of Dec. 2023)

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What is Vast Renewables Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vast Renewables's Average Total Inventories for the six months ended in Dec. 2023 was $0.00 Mil. Vast Renewables's Cost of Goods Sold for the six months ended in Dec. 2023 was $0.59 Mil. Hence, Vast Renewables's Days Inventory for the six months ended in Dec. 2023 was 0.00.

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

VSTE's Days Inventory is not ranked ^*
in the Semiconductors industry.
Industry Median: 130.22
* Ranked among companies with meaningful Days Inventory only.

Vast Renewables's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

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

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. Vast Renewables's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

Vast Renewables Days Inventory Historical Data

The historical data trend for Vast Renewables'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.

Vast Renewables Days Inventory Chart

Vast Renewables Annual Data

Trend

Jun20

Jun21

Jun22

Days Inventory

Vast Renewables Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Vast Renewables's Days Inventory

For the Solar subindustry, Vast Renewables'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.

Vast Renewables's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Vast Renewables's Days Inventory distribution charts can be found below:

* The bar in red indicates where Vast Renewables's Days Inventory falls into.

Vast Renewables Days Inventory Calculation

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

Vast Renewables's Days Inventory for the fiscal year that ended in Jun. 2022 is calculated as

	Days Inventory (A: Jun. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2021 )	+	Total Inventories (A: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2022 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.241	*	365
=	0					/	0.241	*	365
=	0.00

Vast Renewables's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.586	*	365 / 2
=	0					/	0.586	*	365 / 2
=	0.00

Vast Renewables (NAS:VSTE) 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.

Vast Renewables's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.586	/	0
	=

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.

Vast Renewables's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.328
	=	0.00

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.

Vast Renewables Days Inventory Related Terms

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

Vast Renewables (Vast Renewables) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Vast Renewables Ltd (NAS:VSTE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

226-230 Liverpool Street, Darlinghurst, NSW, AUS, 2010

Website

https://www.vast.energy

Vast Solar Pty Ltd is a clean, renewable energy company specializing in the design and manufacturing of concentrated solar thermal power (CSP) systems to generate carbon-free, utility-scale electricity, industrial heat, and green fuels. The Company's differentiated modular CSP system, utilizing proprietary sodium loop heat transfer technology, provides customers with a solution to the enduring challenge of intermittent renewable energy through 24/7 dispatchable power and heat.

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