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Value Exchange International (Value Exchange International) Days Inventory : 9.75 (As of Sep. 2023)


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What is Value Exchange International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Value Exchange International's Average Total Inventories for the three months ended in Sep. 2023 was $0.25 Mil. Value Exchange International's Cost of Goods Sold for the three months ended in Sep. 2023 was $2.33 Mil. Hence, Value Exchange International's Days Inventory for the three months ended in Sep. 2023 was 9.75.

The historical rank and industry rank for Value Exchange International's Days Inventory or its related term are showing as below:

VEII' s Days Inventory Range Over the Past 10 Years
Min: 1.53   Med: 7.3   Max: 15.68
Current: 8.61

During the past 13 years, Value Exchange International's highest Days Inventory was 15.68. The lowest was 1.53. And the median was 7.30.

VEII's Days Inventory is ranked better than
62.56% of 1560 companies
in the Software industry
Industry Median: 19.37 vs VEII: 8.61

Value Exchange International's Days Inventory increased from Sep. 2022 (9.00) to Sep. 2023 (9.75). It might indicate that Value Exchange International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Value Exchange International's Inventory Turnover for the three months ended in Sep. 2023 was 9.36.

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. Value Exchange International's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.08.


Value Exchange International Days Inventory Historical Data

The historical data trend for Value Exchange International'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.

Value Exchange International Days Inventory Chart

Value Exchange International Annual Data
Trend Aug13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.52 10.07 4.52 15.68 12.16

Value Exchange International Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 9.00 7.37 8.31 8.76 9.75

Competitive Comparison of Value Exchange International's Days Inventory

For the Information Technology Services subindustry, Value Exchange International'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.


Value Exchange International's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Value Exchange International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Value Exchange International's Days Inventory falls into.



Value Exchange International Days Inventory Calculation

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

Value Exchange International's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.389 + 0.226) / 2 ) / 9.229*365
=0.3075 / 9.229*365
=12.16

Value Exchange International's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0.224 + 0.273) / 2 ) / 2.326*365 / 4
=0.2485 / 2.326*365 / 4
=9.75

* 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.


Value Exchange International  (OTCPK:VEII) 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.

Value Exchange International's Inventory Turnover for the three months ended in Sep. 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.

Value Exchange International's Inventory to Revenue for the three months ended in Sep. 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.


Value Exchange International Days Inventory Related Terms

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


Value Exchange International (Value Exchange International) Business Description

Traded in Other Exchanges
N/A
Address
Shatin Industrial Centre, 5-7 Yuen Shun Circuit, Unit 02-03, 6th Floor, Block B, Shatin, Hong Kong, HKG
Value Exchange International Inc is a United States based software company. The company through its subsidiaries provides customer-centric hardware and software system solutions for the retail industry in China, Hong Kong, and Philippines. Its primary services and products of the IT Business are Systems maintenance and related service and Systems development and integration. The company serves Public and Retail sector. It get majority of its revenue from software development and maintenance services.
Executives
Chan Heng Fai Ambrose 10 percent owner 2601 INSLAND PLACE TOWER, 510 KINGS RD N POINT, HONG KONG K3 999999999
Robert H Trapp director C/O EVISION INTERNATIONAL INC., 1888 SHERMAN ST. #500, DENVER CO 80203
Tat Keung Wong director 4800 MONTGOMERY LANE SUITE 210, BETHESDA MD 20814
Shui Yeung Wong director 4800 MONTGOMERY LANE, SUITE 210, BETHESDA MD 20814
Chun Wing Yeung director 7/F DARTON TOWER, 142 WAI YIP ST, KWUN TONG, KOWLOON K3 00000
Seng Wee Tan director 7/F DARTON TOWER, 142 WAI YIP ST, KWUN TONG, KOWLOON K3 00000
Tsang Po Yee Bella director 7/F DARTON TOWER, 142 WAI YIP ST, KWUN TONG, KOWLOON K3 00000
Kan Fai Lum director 10/F., SKYWAY CENTER, 23, QUEEN'S ROAD WEST, HONG KONG K3 00000
Gigworld Inc. 10 percent owner 4800 MONTGOMERY LANE, SUITE 210, BETHESDA MD 20814
Yuen Fong Lee director 602, 6/F, BLOCK B, SHATIN INDUSTRIAL, CENTRE, 5-7 YUEN SHUN CIRCUIT, SHATIN, NEW TERRITORIES K3 00000
Johan Pehrson director C/O JOHAN PEHRSON, HALMSTAD V7 30259
Matthew R Mecke director, officer: President, CEO, CFO 6501 RED HOOK PLZA, STE 201-553, ST THOMAS VI 00802
Anthony Robinson director UNIT T25, GF BANGKOK BANK BUILDING, 18 BONHAM STRAND WEST, SHEUNG WAN K3 00000
Paul F. Manning director, officer: Secretary / Treasurer UNIT T25, GF BANGKOK BANK BUILDING, 18 BONHAM STRAND WEST, SHEUNG WAN K3 00000