VIGO Photonics (WAR:VGO) Days Inventory : 117.03 (As of Dec. 2023)

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What is VIGO Photonics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). VIGO Photonics's Average Total Inventories for the three months ended in Dec. 2023 was zł14.49 Mil. VIGO Photonics's Cost of Goods Sold for the three months ended in Dec. 2023 was zł11.30 Mil. Hence, VIGO Photonics's Days Inventory for the three months ended in Dec. 2023 was 117.03.

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

WAR:VGO' s Days Inventory Range Over the Past 10 Years
Min: 65.97 Med: 107.61 Max: 165.17
Current: 142.54

During the past 12 years, VIGO Photonics's highest Days Inventory was 165.17. The lowest was 65.97. And the median was 107.61.

WAR:VGO's Days Inventory is ranked worse than
66.14% of 2410 companies
in the Hardware industry
Industry Median: 101.97 vs WAR:VGO: 142.54

VIGO Photonics's Days Inventory increased from Dec. 2022 (112.08) to Dec. 2023 (117.03). It might indicate that VIGO Photonics's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. VIGO Photonics's Inventory Turnover for the three months ended in Dec. 2023 was 0.78.

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. VIGO Photonics's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.66.

VIGO Photonics Days Inventory Historical Data

The historical data trend for VIGO Photonics'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.

VIGO Photonics Days Inventory Chart

VIGO Photonics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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127.17

165.17

114.53

123.43

129.53

VIGO Photonics Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															112.08	156.30	149.19	170.64	117.03

Competitive Comparison of VIGO Photonics's Days Inventory

For the Electronic Components subindustry, VIGO Photonics'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.

VIGO Photonics's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, VIGO Photonics's Days Inventory distribution charts can be found below:

* The bar in red indicates where VIGO Photonics's Days Inventory falls into.

VIGO Photonics Days Inventory Calculation

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

VIGO Photonics'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
=	( (15.281	+	12.033)	/	2 )	/	38.483	*	365
=	13.657					/	38.483	*	365
=	129.53

VIGO Photonics'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
=	( (16.941	+	12.033)	/	2 )	/	11.296	*	365 / 4
=	14.487					/	11.296	*	365 / 4
=	117.03

VIGO Photonics (WAR:VGO) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	11.296	/	14.487
	=	0.78

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	14.487	/	21.82
	=	0.66

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.

VIGO Photonics Days Inventory Related Terms

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

VIGO Photonics (WAR:VGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » VIGO Photonics SA (WAR:VGO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

129/133 Poznanska Street, Ozarow Mazowiecki, POL, 05-850

Website

https://www.vigophotonics.com

VIGO Photonics SA is a manufacturer of uncooled infrared photon detectors. The detectors are used in the fields of Industry, Defense and Security, Environmental Protection, Healthcare, Transport, and Research & Development. The company's products include MCT Detectors, InAs detectors, InAsSb detectors, and Dedicated electronics.

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