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Las Vegasnds (BUE:LVS) Days Inventory : 1.73 (As of Mar. 2024)


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What is Las Vegasnds Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Las Vegasnds's Average Total Inventories for the three months ended in Mar. 2024 was ARS23,288 Mil. Las Vegasnds's Cost of Goods Sold for the three months ended in Mar. 2024 was ARS1,230,893 Mil. Hence, Las Vegasnds's Days Inventory for the three months ended in Mar. 2024 was 1.73.

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

BUE:LVS' s Days Inventory Range Over the Past 10 Years
Min: 1.88   Med: 2.46   Max: 5.08
Current: 2.25

During the past 13 years, Las Vegasnds's highest Days Inventory was 5.08. The lowest was 1.88. And the median was 2.46.

BUE:LVS's Days Inventory is ranked better than
89.82% of 668 companies
in the Travel & Leisure industry
Industry Median: 36.44 vs BUE:LVS: 2.25

Las Vegasnds's Days Inventory declined from Mar. 2023 (2.16) to Mar. 2024 (1.73).

Inventory Turnover measures how fast the company turns over its inventory within a year. Las Vegasnds's Inventory Turnover for the three months ended in Mar. 2024 was 52.86.

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. Las Vegasnds's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.01.


Las Vegasnds Days Inventory Historical Data

The historical data trend for Las Vegasnds'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.

Las Vegasnds Days Inventory Chart

Las Vegasnds Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.77 4.24 2.76 3.06 1.79

Las Vegasnds Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.16 1.94 1.87 2.29 1.73

Competitive Comparison of Las Vegasnds's Days Inventory

For the Resorts & Casinos subindustry, Las Vegasnds'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.


Las Vegasnds's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Las Vegasnds's Days Inventory distribution charts can be found below:

* The bar in red indicates where Las Vegasnds's Days Inventory falls into.



Las Vegasnds Days Inventory Calculation

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

Las Vegasnds'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
=( (4694.2 + 13718) / 2 ) / 1879005.001*365
=9206.1 / 1879005.001*365
=1.79

Las Vegasnds's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (13718 + 32857.501) / 2 ) / 1230892.521*365 / 4
=23287.7505 / 1230892.521*365 / 4
=1.73

* 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.


Las Vegasnds  (BUE:LVS) 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.

Las Vegasnds's Inventory Turnover for the three months ended in Mar. 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.

Las Vegasnds's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=23287.7505 / 2492957.542
=0.01

* 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.


Las Vegasnds Days Inventory Related Terms

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


Las Vegasnds (BUE:LVS) Business Description

Address
5500 Haven Street, Las Vegas, NV, USA, 89119
Las Vegas Sands is the world's largest operator of fully integrated resorts, featuring casino, hotel, entertainment, food and beverage, retail, and convention center operations. The company owns the Venetian Macao, Sands Macao, Londoner Macao, Four Seasons Hotel Macao, and Parisian Macao, as well as the Marina Bay Sands resort in Singapore. Its Venetian and Palazzo Las Vegas assets in the U.S. were sold to Apollo and VICI for $6.25 billion in 2022. We expect Sands to open a fourth tower in Singapore in 2029. With the sale of its Vegas assets, the company generates all its EBITDA from Asia, with its casino operations generating the majority of sales.