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Vilniaus Baldai AB (OVSE:VBL1L) Days Inventory : 48.13 (As of Feb. 2024)


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What is Vilniaus Baldai AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vilniaus Baldai AB's Average Total Inventories for the three months ended in Feb. 2024 was €9.8 Mil. Vilniaus Baldai AB's Cost of Goods Sold for the three months ended in Feb. 2024 was €18.6 Mil. Hence, Vilniaus Baldai AB's Days Inventory for the three months ended in Feb. 2024 was 48.13.

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

OVSE:VBL1L' s Days Inventory Range Over the Past 10 Years
Min: 28.73   Med: 39.65   Max: 43.88
Current: 39.47

During the past 13 years, Vilniaus Baldai AB's highest Days Inventory was 43.88. The lowest was 28.73. And the median was 39.65.

OVSE:VBL1L's Days Inventory is ranked better than
91.63% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 105.26 vs OVSE:VBL1L: 39.47

Vilniaus Baldai AB's Days Inventory declined from Feb. 2023 (53.81) to Feb. 2024 (48.13).

Inventory Turnover measures how fast the company turns over its inventory within a year. Vilniaus Baldai AB's Inventory Turnover for the three months ended in Feb. 2024 was 1.90.

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. Vilniaus Baldai AB's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.42.


Vilniaus Baldai AB Days Inventory Historical Data

The historical data trend for Vilniaus Baldai 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.

Vilniaus Baldai AB Days Inventory Chart

Vilniaus Baldai AB Annual Data
Trend Dec13 Dec14 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.88 40.73 37.31 42.69 36.35

Vilniaus Baldai AB Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 53.81 44.09 30.87 29.20 48.13

Competitive Comparison of Vilniaus Baldai AB's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Vilniaus Baldai 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.


Vilniaus Baldai AB's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Vilniaus Baldai AB's Days Inventory distribution charts can be found below:

* The bar in red indicates where Vilniaus Baldai AB's Days Inventory falls into.



Vilniaus Baldai AB Days Inventory Calculation

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

Vilniaus Baldai AB's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

Days Inventory (A: Aug. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (11.598 + 6.351) / 2 ) / 90.122*365
=8.9745 / 90.122*365
=36.35

Vilniaus Baldai AB's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (8.922 + 10.742) / 2 ) / 18.641*365 / 4
=9.832 / 18.641*365 / 4
=48.13

* 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.


Vilniaus Baldai AB  (OVSE:VBL1L) 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.

Vilniaus Baldai AB's Inventory Turnover for the three months ended in Feb. 2024 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.

Vilniaus Baldai AB's Inventory to Revenue for the three months ended in Feb. 2024 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.


Vilniaus Baldai AB Days Inventory Related Terms

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


Vilniaus Baldai AB (OVSE:VBL1L) Business Description

Traded in Other Exchanges
N/A
Address
Pramones street 23, Guopstu k., Traku r., Vilnius, LTU, 21148
Vilniaus Baldai AB is a Lithuania-based manufacturer of lightweight construction cabinet furniture. It operates in one segment that is furniture which includes sales of raw materials and finished production. It derives the majority of its revenue from the sale of furniture in the European Union countries followed by non-European Union countries and Lithuania.

Vilniaus Baldai AB (OVSE:VBL1L) Headlines

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