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Days Inventory is also known as Days Sales of Inventory (DSI). Vintage Wine Estates's Average Total Inventories for the three months ended in Dec. 2023 was $177.3 Mil. Vintage Wine Estates's Cost of Goods Sold for the three months ended in Dec. 2023 was $83.0 Mil. Hence, Vintage Wine Estates's Days Inventory for the three months ended in Dec. 2023 was 195.02.
The historical rank and industry rank for Vintage Wine Estates's Days Inventory or its related term are showing as below:
During the past 4 years, Vintage Wine Estates's highest Days Inventory was 637.07. The lowest was 304.92. And the median was 453.66.
Vintage Wine Estates's Days Inventory declined from Dec. 2022 (347.16) to Dec. 2023 (195.02).
Inventory Turnover measures how fast the company turns over its inventory within a year. Vintage Wine Estates's Inventory Turnover for the three months ended in Dec. 2023 was 0.47.
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. Vintage Wine Estates's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.61.
The historical data trend for Vintage Wine Estates'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.
Vintage Wine Estates Annual Data | |||||||||
Trend | Jun20 | Jun21 | Jun22 | Jun23 | |||||
Days Inventory | 637.07 | 536.74 | 370.57 | 363.32 |
Vintage Wine Estates Quarterly Data | |||||||||||||||
Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Days Inventory | Get a 7-Day Free Trial | 347.16 | 353.43 | 401.98 | 376.43 | 195.02 |
For the Beverages - Wineries & Distilleries subindustry, Vintage Wine Estates'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.
For the Beverages - Alcoholic industry and Consumer Defensive sector, Vintage Wine Estates's Days Inventory distribution charts can be found below:
* The bar in red indicates where Vintage Wine Estates's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Vintage Wine Estates's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as
Days Inventory (A: Jun. 2023 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (A: Jun. 2022 ) | + | Total Inventories (A: Jun. 2023 )) | / | count ) | / | Cost of Goods Sold (A: Jun. 2023 ) | * | Days in Period |
= | ( (192.922 | + | 201.363) | / | 2 ) | / | 198.052 | * | 365 |
= | 197.1425 | / | 198.052 | * | 365 | ||||
= | 363.32 |
Vintage Wine Estates'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 |
= | ( (199.402 | + | 155.255) | / | 2 ) | / | 82.972 | * | 365 / 4 |
= | 177.3285 | / | 82.972 | * | 365 / 4 | ||||
= | 195.02 |
* 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.
Vintage Wine Estates (NAS:VWE) 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.
Vintage Wine Estates's Inventory Turnover for the three months ended in Dec. 2023 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 82.972 | / | 177.3285 | |
= | 0.47 |
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.
Vintage Wine Estates's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 177.3285 | / | 67.989 | |
= | 2.61 |
* 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.
Thank you for viewing the detailed overview of Vintage Wine Estates's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Patrick A Roney | director, 10 percent owner, officer: Chief Executive Officer | 937 TAHOE BOULEVARD, INCLINE VILLAGE NV 89451 |
Timothy D Proctor | director | 301 SOUTH COLLEGE STREET, CHARLOTTE NC 28288-0630 |
Jonathan Sebastiani | director, other: Member of 10% owner group | 937 TAHOE BOULEVARD, INCLINE VILLAGE NV 89451 |
Seth Kaufman | officer: President and CEO | C/O VINTAGE WINE ESTATES, INC., 937 TAHOE BLVD, SUITE 210, INCLINE VILLAGE NV 89451 |
Bespoke Sponsor Capital Lp | 10 percent owner | 115 PARK STREET, 3RD FLOOR, LONDON X0 W1K 7AP |
Paul S Walsh | director | 8 HENRIETTA PLACE, LONDON X0 94111 |
Zach Long | officer: Chief Operations Officer | C/O VINTAGE WINE ESTATES, INC., 937 TAHOE BOULEVARD, SUITE 210, INCLINE VILLAGE NV 89451 |
Jon Moramarco | director | C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BUILDING 100, VICTOR NY 14564 |
Kristina L Johnston | officer: Chief Financial Officer | 937 TAHOE BLVD., SUITE 210, INCLINE VILLAGE NV 89451 |
Katherine Devillers | officer: Chief Financial Officer | 937 TAHOE BOULEVARD, INCLINE VILLAGE NV 89451 |
Terry Wheatley | officer: President | 937 TAHOE BOULEVARD, INCLINE VILLAGE NV 89451 |
Harms Mark W.b. | director | 937 TAHOE BOULEVARD, INCLINE VILLAGE NV 89451 |
Berner Robert L Iii | director | C/O CHARTERHOUSE GROUP INTERNATIONAL INC, 535 MADISON AVE, NEW YORK NY 10022 |
Lisa M. Schnorr | director | C/O GRAHAM CORPORATION, 20 FLORENCE AVENUE, BATAVIA NY 14020 |
Russell G Joy | officer: Chief Operating Officer | 937 TAHOE BOULEVARD, SUITE 10, INCLINE VILLAGE NV 89451 |
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