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Days Inventory is also known as Days Sales of Inventory (DSI). Fresh Vine Wine's Average Total Inventories for the three months ended in Dec. 2023 was $0.54 Mil. Fresh Vine Wine's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.78 Mil. Hence, Fresh Vine Wine's Days Inventory for the three months ended in Dec. 2023 was 63.17.
The historical rank and industry rank for Fresh Vine Wine's Days Inventory or its related term are showing as below:
During the past 5 years, Fresh Vine Wine's highest Days Inventory was 275.79. The lowest was 52.10. And the median was 184.07.
Fresh Vine Wine's Days Inventory declined from Dec. 2022 (694.57) to Dec. 2023 (63.17).
Inventory Turnover measures how fast the company turns over its inventory within a year. Fresh Vine Wine's Inventory Turnover for the three months ended in Dec. 2023 was 1.44.
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. Fresh Vine Wine's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.26.
The historical data trend for Fresh Vine Wine'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.
Fresh Vine Wine Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Days Inventory | - | 201.27 | 52.10 | 275.79 | 166.86 |
Fresh Vine Wine Quarterly Data | ||||||||||||||
Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Days Inventory | Get a 7-Day Free Trial | 694.57 | 793.34 | 97.20 | 114.73 | 63.17 |
For the Beverages - Wineries & Distilleries subindustry, Fresh Vine Wine'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.
For the Beverages - Alcoholic industry and Consumer Defensive sector, Fresh Vine Wine's Days Inventory distribution charts can be found below:
* The bar in red indicates where Fresh Vine Wine's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Fresh Vine Wine'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 |
= | ( (3.696 | + | 0.338) | / | 2 ) | / | 4.412 | * | 365 |
= | 2.017 | / | 4.412 | * | 365 | ||||
= | 166.86 |
Fresh Vine Wine'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: Sep. 2023 ) | + | Total Inventories (Q: Dec. 2023 )) | / | count ) | / | Cost of Goods Sold (Q: Dec. 2023 ) | * | Days in Period |
= | ( (0.742 | + | 0.338) | / | 2 ) | / | 0.78 | * | 365 / 4 |
= | 0.54 | / | 0.78 | * | 365 / 4 | ||||
= | 63.17 |
* 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.
Fresh Vine Wine (AMEX:VINE) 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.
Fresh Vine Wine's Inventory Turnover for the three months ended in Dec. 2023 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 0.78 | / | 0.54 | |
= | 1.44 |
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.
Fresh Vine Wine's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 0.54 | / | 0.239 | |
= | 2.26 |
* 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.
Thank you for viewing the detailed overview of Fresh Vine Wine's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Css Llc/il | 10 percent owner | 175 WEST JACKSON BLVD, SUITE 440, CHICAGO IL 60604 |
Hitesh Dheri | officer: CHIEF FINANCIAL OFFICER | 11500 WAYZATA BLVD. #1147, MINNETONKA MN 55305 |
Keith J Johnson | officer: Interim Chief Financial Ofcr | 56 REDBAY ROAD, ELGIN SC 29045 |
Roger C. Cockroft | officer: CHIEF EXECUTIVE OFFICER | 11500 WAYZATA BLVD., SUITE 1147, MINNETONKA MN 55305 |
Damian Novak | director, 10 percent owner, other: Executive Chairman | 505 HIGHWAY 169 NORTH, SUITE 255, PLYMOUTH MN 55441 |
Michelle Hawkins | director | 1075 ATLAS PEAK RD, NAPA CA 94558 |
Janelle Denise Anderson | director, officer: CEO | 505 HIGHWAY 169 NORTH, SUITE 255, PLYMOUTH MN 55441 |
James F. Spellmire | officer: Interim Chief Financial Office | 9624 WYOMING TERRACE, BLOOMINGTON MN 55438 |
Ellen Scipta | officer: CFO | C/O INTRICON CORPORATION, 1260 RED FOX ROAD, ARDEN HILLS MN 55112 |
David Yacullo | director | 505 HIGHWAY 169 NORTH, SUITE 255, PLYMOUTH MN 55441 |
Nechio & Novak, Llc | 10 percent owner | 505 HIGHWAY 169 NORTH, SUITE 255, PLYMOUTH MN 55441 |
Brad Yacullo | director | 505 HIGHWAY 169 NORTH, SUITE 255, PLYMOUTH MN 55441 |
Rick Nechio | director, 10 percent owner, officer: President | 505 HIGHWAY 169 NORTH, SUITE 255, PLYMOUTH MN 55441 |
Elliot Savoie | officer: Chief Financial Officer | 505 HIGHWAY 169 NORTH, SUITE 255, PLYMOUTH MN 55441 |
Eric Doan | director | 505 HIGHWAY 169 NORTH, SUITE 255, PLYMOUTH MN 55441 |
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