Days Inventory is also known as Days Sales of Inventory (DSI). Vector Group's Average Total Inventories for the
three
months ended in Dec. 2023 was $91 Mil. Vector Group's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $238 Mil.
Hence, Vector Group's Days Inventory for the
three
months ended in Dec. 2023 was 34.68.
The historical rank and industry rank for Vector Group's Days Inventory or its related term are showing as below:
VGR'
s Days Inventory Range Over the Past 10 Years
Min: 25.53 Med: 32.38 Max: 45.57
Current: 35.77
During the past 13 years, Vector Group's highest Days Inventory was 45.57. The lowest was 25.53. And the median was 32.38.
VGR's Days Inventory is ranked better than 86.27% of 51
companies
in the Tobacco Products industry
Industry Median: 126.03
vs VGR: 35.77
Vector Group's Days Inventory
increased
from Dec. 2022 (32.90) to Dec. 2023 (34.68).
It might indicate that Vector Group's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Vector Group's Inventory Turnover for the
three
months ended in Dec. 2023 was 2.63.
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.
Vector Group's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.25.
Vector Group Days Inventory Historical Data
The historical data trend for Vector Group'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.
Competitive Comparison of Vector Group's Days Inventory
For the Tobacco subindustry, Vector Group'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.
Vector Group's Days Inventory Distribution in the Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Vector Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Vector Group's Days Inventory falls into.
Vector Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Vector Group's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Vector Group (NYSE:VGR) 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.
Vector Group's Inventory Turnover for the
three
months ended in Dec. 2023 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.
Vector Group's Inventory to Revenue for the
three
months ended in Dec. 2023 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.
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.
Vector Group Days Inventory Related Terms
Thank you for viewing the detailed overview of Vector Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Vector Group Ltd is a holding company whose subsidiaries--Liggett Group, Vector Tobacco, and New Valley-- primarily sell tobacco products and invest in real estate. The Liggett Group and Vector Tobacco subsidiaries sell cigarettes, primarily in the discount segment, in the United States under brand names Eagle 20's, Pyramid, Grand Prix, Liggett Select, and Eve. New Valley, through its majority ownership in Douglas Elliman Realty, invests in real estate worldwide. It also operates the largest residential brokerage company in the New York City area and has additional operations in South Florida, Beverly Hills, Aspen, and Connecticut. Tobacco accounts for more than half of total company revenue; real estate makes up the remainder.
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