GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Fresh Vine Wine Inc (AMEX:VINE) » Definitions » Days Inventory

Fresh Vine Wine (Fresh Vine Wine) Days Inventory : 63.17 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Fresh Vine Wine Days Inventory?

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:

VINE' s Days Inventory Range Over the Past 10 Years
Min: 52.1   Med: 184.07   Max: 275.79
Current: 161.16

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.

VINE's Days Inventory is ranked worse than
50.49% of 204 companies
in the Beverages - Alcoholic industry
Industry Median: 160.075 vs VINE: 161.16

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.


Fresh Vine Wine Days Inventory Historical Data

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.

* Premium members only.

Fresh Vine Wine Days Inventory Chart

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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 694.57 793.34 97.20 114.73 63.17

Competitive Comparison of Fresh Vine Wine's Days Inventory

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.


Fresh Vine Wine's Days Inventory Distribution in the Beverages - Alcoholic Industry

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.



Fresh Vine Wine Days Inventory Calculation

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

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

* 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.


Fresh Vine Wine Days Inventory Related Terms

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.


Fresh Vine Wine (Fresh Vine Wine) Business Description

Traded in Other Exchanges
N/A
Address
11500 Wayzata Blvd, No.1147, Minnetonka, MN, USA, 55305
Fresh Vine Wine Inc is a producer of low carb, low calorie premium wines in the United States. The company's wine collection features a California Cabernet Sauvignon, Pinot Noir, Chardonnay, California Rose wine, and a Limited Reserve Napa Cabernet.
Executives
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