Viva Wine Group AB (OSTO:VIVA) Days Inventory : 55.53 (As of Dec. 2023)

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What is Viva Wine Group AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Viva Wine Group AB's Average Total Inventories for the three months ended in Dec. 2023 was kr547 Mil. Viva Wine Group AB's Cost of Goods Sold for the three months ended in Dec. 2023 was kr898 Mil. Hence, Viva Wine Group AB's Days Inventory for the three months ended in Dec. 2023 was 55.53.

The historical rank and industry rank for Viva Wine Group AB's Days Inventory or its related term are showing as below:

OSTO:VIVA' s Days Inventory Range Over the Past 10 Years
Min: 57.64 Med: 59.19 Max: 64.53
Current: 61.62

During the past 7 years, Viva Wine Group AB's highest Days Inventory was 64.53. The lowest was 57.64. And the median was 59.19.

OSTO:VIVA's Days Inventory is ranked better than
83.5% of 206 companies
in the Beverages - Alcoholic industry
Industry Median: 160.905 vs OSTO:VIVA: 61.62

Viva Wine Group AB's Days Inventory declined from Dec. 2022 (60.12) to Dec. 2023 (55.53).

Inventory Turnover measures how fast the company turns over its inventory within a year. Viva Wine Group AB's Inventory Turnover for the three months ended in Dec. 2023 was 1.64.

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. Viva Wine Group AB's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.50.

Viva Wine Group AB Days Inventory Historical Data

The historical data trend for Viva Wine Group AB'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.

Viva Wine Group AB Days Inventory Chart

Viva Wine Group AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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57.83

58.59

64.53

62.50

59.79

Viva Wine Group AB Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial											60.12	70.21	58.52	66.26	55.53

Competitive Comparison of Viva Wine Group AB's Days Inventory

For the Beverages - Wineries & Distilleries subindustry, Viva Wine Group AB'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.

Viva Wine Group AB's Days Inventory Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Viva Wine Group AB's Days Inventory distribution charts can be found below:

* The bar in red indicates where Viva Wine Group AB's Days Inventory falls into.

Viva Wine Group AB Days Inventory Calculation

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

Viva Wine Group AB'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
=	( (535	+	516)	/	2 )	/	3208	*	365
=	525.5					/	3208	*	365
=	59.79

Viva Wine Group AB'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
=	( (577	+	516)	/	2 )	/	898	*	365 / 4
=	546.5					/	898	*	365 / 4
=	55.53

Viva Wine Group AB (OSTO:VIVA) 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.

Viva Wine Group AB's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	898	/	546.5
	=	1.64

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.

Viva Wine Group AB's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	546.5	/	1099
	=	0.50

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.

Viva Wine Group AB Days Inventory Related Terms

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

Viva Wine Group AB (OSTO:VIVA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Viva Wine Group AB (OSTO:VIVA) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Blasieholmsgatan 4A, Stockholm, SWE, 111 48

Website

https://www.vivagroup.se

Viva Wine Group AB is a Sweden-based wine group operating in the e-commerce alcoholic beverages market. It develops, markets, and sells both wholly owned and partner brands in several markets. The company's geographical segments include Sweden, Finland, Germany, Norway, and other countries, of which Sweden accounts for the majority of its revenue.

Viva Wine Group AB (OSTO:VIVA) Headlines

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