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Vipshop Holdings (Vipshop Holdings) Days Inventory : 16.71 (As of Dec. 2023)


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What is Vipshop Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vipshop Holdings's Average Total Inventories for the three months ended in Dec. 2023 was $678 Mil. Vipshop Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $3,703 Mil. Hence, Vipshop Holdings's Days Inventory for the three months ended in Dec. 2023 was 16.71.

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

VIPS' s Days Inventory Range Over the Past 10 Years
Min: 19.7   Med: 33.89   Max: 55.2
Current: 19.7

During the past 13 years, Vipshop Holdings's highest Days Inventory was 55.20. The lowest was 19.70. And the median was 33.89.

VIPS's Days Inventory is ranked better than
91.1% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.545 vs VIPS: 19.70

Vipshop Holdings's Days Inventory declined from Dec. 2022 (18.62) to Dec. 2023 (16.71).

Inventory Turnover measures how fast the company turns over its inventory within a year. Vipshop Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 5.46.

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. Vipshop Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.14.


Vipshop Holdings Days Inventory Historical Data

The historical data trend for Vipshop Holdings'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.

Vipshop Holdings Days Inventory Chart

Vipshop Holdings 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 33.26 33.59 27.79 29.17 23.65

Vipshop Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.62 20.05 17.46 21.75 16.71

Competitive Comparison of Vipshop Holdings's Days Inventory

For the Internet Retail subindustry, Vipshop Holdings'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.


Vipshop Holdings's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Vipshop Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Vipshop Holdings's Days Inventory falls into.



Vipshop Holdings Days Inventory Calculation

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

Vipshop Holdings'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
=( (791.181 + 790.554) / 2 ) / 12203.458*365
=790.8675 / 12203.458*365
=23.65

Vipshop Holdings'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
=( (565.854 + 790.554) / 2 ) / 3703.205*365 / 4
=678.204 / 3703.205*365 / 4
=16.71

* 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.


Vipshop Holdings  (NYSE:VIPS) 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.

Vipshop Holdings'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.

Vipshop Holdings'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.


Vipshop Holdings Days Inventory Related Terms

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


Vipshop Holdings (Vipshop Holdings) Business Description

Address
128 Dingxin Road, Haizhu District, Guangdong, Guangzhou, CHN, 510220
Vipshop Holdings Ltd is an online discount retailer for brands in China. The company offers branded products to consumers in China through flash sales on its vipshop.com, vip.com and lefeng.com websites. Flash sales represent an online retail format combining the advantages of e-commerce and discount sales through selling a finite quantity of discounted products or services online for a limited period of time. It deals in wide range of products and services for consumers specializing in branded cosmetics, apparel, healthcare products, food and other consumer products. Its operating segment includes Vip.com and Shan Shan Outlets. The company generates maximum revenue from Vip.com segment.