GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Viking Holdings Ltd (NYSE:VIK) » Definitions » Days Inventory

Viking Holdings (Viking Holdings) Days Inventory : 7.03 (As of Dec. 2023)


View and export this data going back to 2024. Start your Free Trial

What is Viking Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Viking Holdings's Average Total Inventories for the three months ended in Dec. 2023 was $54 Mil. Viking Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $700 Mil. Hence, Viking Holdings's Days Inventory for the three months ended in Dec. 2023 was 7.03.

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

VIK' s Days Inventory Range Over the Past 10 Years
Min: 6.4   Med: 6.62   Max: 26.65
Current: 26.65

During the past 3 years, Viking Holdings's highest Days Inventory was 26.65. The lowest was 6.40. And the median was 6.62.

VIK's Days Inventory is ranked better than
54.17% of 672 companies
in the Travel & Leisure industry
Industry Median: 35.43 vs VIK: 26.65

Viking Holdings's Days Inventory increased from Dec. 2021 (0.00) to Dec. 2023 (7.03). It might indicate that Viking Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Viking Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 12.97.

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. Viking Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.05.


Viking Holdings Days Inventory Historical Data

The historical data trend for Viking 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.

Viking Holdings Days Inventory Chart

Viking Holdings Annual Data
Trend Dec21 Dec22 Dec23
Days Inventory
16.75 6.62 6.40

Viking Holdings Quarterly Data
Dec21 Sep22 Dec22 Sep23 Dec23
Days Inventory - - 7.01 - 7.03

Competitive Comparison of Viking Holdings's Days Inventory

For the Travel Services subindustry, Viking 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.


Viking Holdings's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Viking Holdings's Days Inventory distribution charts can be found below:

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



Viking Holdings Days Inventory Calculation

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

Viking 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
=( (45.378 + 54.602) / 2 ) / 2851.784*365
=49.99 / 2851.784*365
=6.40

Viking 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
=( (53.255 + 54.602) / 2 ) / 699.52*365 / 4
=53.9285 / 699.52*365 / 4
=7.03

* 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.


Viking Holdings  (NYSE:VIK) 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.

Viking 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.

Viking 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.


Viking Holdings Days Inventory Related Terms

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


Viking Holdings (Viking Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
94 Pitts Bay Road, Pembroke, BMU, HM 08
Viking Holdings Ltd is a travel company, with a fleet of 92 small, state-of-the-art ships, which view as floating hotels. It offer travel experiences on all seven continents in all three categories of the cruise industry—river, ocean and expedition cruising. The Group defines its products based on the type of cruise offering and language of the cruise service. The River segment provides river cruises outside the United States to English-speaking passengers. The Ocean segment provides ocean cruises to English-speaking passengers. Other includes operating segments that are not individually reportable, consisting of expedition cruises for English-speaking passengers ("Expedition"), Mississippi River cruises for English-speaking passengers, Viking China, which includes cruises for Mandarin.

Viking Holdings (Viking Holdings) Headlines