Vivid Seats (Vivid Seats) Days Inventory : 37.81 (As of Dec. 2023)

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What is Vivid Seats Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vivid Seats's Average Total Inventories for the three months ended in Dec. 2023 was $21.3 Mil. Vivid Seats's Cost of Goods Sold for the three months ended in Dec. 2023 was $51.3 Mil. Hence, Vivid Seats's Days Inventory for the three months ended in Dec. 2023 was 37.81.

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

SEAT' s Days Inventory Range Over the Past 10 Years
Min: 31.89 Med: 38.74 Max: 140.57
Current: 43.07

During the past 5 years, Vivid Seats's highest Days Inventory was 140.57. The lowest was 31.89. And the median was 38.74.

SEAT's Days Inventory is ranked worse than
65% of 240 companies
in the Interactive Media industry
Industry Median: 19.105 vs SEAT: 43.07

Vivid Seats's Days Inventory increased from Dec. 2022 (32.05) to Dec. 2023 (37.81). It might indicate that Vivid Seats's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vivid Seats's Inventory Turnover for the three months ended in Dec. 2023 was 2.41.

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. Vivid Seats's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.11.

Vivid Seats Days Inventory Historical Data

The historical data trend for Vivid Seats'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.

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Vivid Seats Days Inventory Chart

Vivid Seats Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

39.79

140.57

38.74

31.89

33.86

Vivid Seats Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial											32.05	44.63	55.85	44.79	37.81

Competitive Comparison of Vivid Seats's Days Inventory

For the Internet Content & Information subindustry, Vivid Seats'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.

Vivid Seats's Days Inventory Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Vivid Seats's Days Inventory distribution charts can be found below:

* The bar in red indicates where Vivid Seats's Days Inventory falls into.

Vivid Seats Days Inventory Calculation

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

Vivid Seats'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
=	( (12.783	+	21.018)	/	2 )	/	182.184	*	365
=	16.9005					/	182.184	*	365
=	33.86

Vivid Seats'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
=	( (21.533	+	21.018)	/	2 )	/	51.346	*	365 / 4
=	21.2755					/	51.346	*	365 / 4
=	37.81

Vivid Seats (NAS:SEAT) 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.

Vivid Seats's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	51.346	/	21.2755
	=	2.41

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.

Vivid Seats's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	21.2755	/	198.303
	=	0.11

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.

Vivid Seats Days Inventory Related Terms

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

Vivid Seats (Vivid Seats) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Vivid Seats Inc (NAS:SEAT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

24 E. Washington Street, Suite 900, Chicago, IL, USA, 60602

Website

https://www.vividseats.com

Vivid Seats Inc is an online ticket marketplace for connecting fans to live events and artists. It is the official ticketing partner of brands in the entertainment industry providing tickets for sports, concerts, theatres, and comedy. It operates in two segments namely marketplace and resale.

Executives

Edward Pickus	officer: Chief Accounting Officer	C/O VIVID SEATS INC., 111 N. CANAL STREET, SUITE 800, CHICAGO IL 60606
Jonathan Miles Wagner	officer: Chief Technology Officer	C/O VIVID SEATS INC., 111 N. CANAL STREET, SUITE 800, CHICAGO IL 60606
Riva Bakal	officer: SVP, Strategy & Product	C/O VIVID SEATS INC., 111 N. CANAL STREET, SUITE 800, CHICAGO IL 60606
Hoya Topco, Llc	10 percent owner	C/O KIRKLAND & ELLIS LLP, 555 CALIFORNIA STREET, SUITE 2700, SAN FRANCISCO CA 94104
Emily T Epstein	officer: General Counsel	101 MERRITT 7, NORWALK CT 06851
Craig A. Dixon	director	C/O VIVID SEATS INC., 111 N. CANAL STREET, SUITE 800, CHICAGO IL 60606
David E. Morris	officer: General Counsel	C/O VIVID SEATS INC., 111 N. CANAL STREET, SUITE 800, CHICAGO IL 60606
Sbt Investors Llc	10 percent owner	600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Todd L Boehly	director, 10 percent owner	600 STEAMBOAT ROAD, GREENWICH CT 06830
Eldridge Industries, Llc	10 percent owner	600 STEAMBOAT ROAD, GREENWICH CT 06830
Horizon Sponsor, Llc	10 percent owner	600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Jane E. Deflorio	director	3000 N.W. 107TH AVENUE, MIAMI FL 33172
Post Portfolio Trust, Llc	10 percent owner	600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Security Benefit Life Insurance Co /ks/	10 percent owner	ONE SECURITY BENEFIT PLACE, TOPEKA KS 66636-0001
Julie D. Masino	director	C/O VIVID SEATS INC., 111 N. CANAL STREET, SUITE 800, CHICAGO IL 60606