Acquazzurra SpA (MIL:ACQ) Days Inventory : 65.77 (As of Jun. 2023)

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What is Acquazzurra SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Acquazzurra SpA's Average Total Inventories for the six months ended in Jun. 2023 was €2.88 Mil. Acquazzurra SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was €7.99 Mil. Hence, Acquazzurra SpA's Days Inventory for the six months ended in Jun. 2023 was 65.77.

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

MIL:ACQ' s Days Inventory Range Over the Past 10 Years
Min: 35.33 Med: 53.96 Max: 137.54
Current: 137.54

During the past 5 years, Acquazzurra SpA's highest Days Inventory was 137.54. The lowest was 35.33. And the median was 53.96.

MIL:ACQ's Days Inventory is not ranked
in the Media - Diversified industry.
Industry Median: 25.75 vs MIL:ACQ: 137.54

Acquazzurra SpA's Days Inventory increased from Jun. 2022 (65.49) to Jun. 2023 (65.77). It might indicate that Acquazzurra SpA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Acquazzurra SpA's Inventory Turnover for the six months ended in Jun. 2023 was 2.77.

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. Acquazzurra SpA's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.27.

Acquazzurra SpA Days Inventory Historical Data

The historical data trend for Acquazzurra SpA'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.

Acquazzurra SpA Days Inventory Chart

Acquazzurra SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

35.33

72.64

52.09

54.58

53.96

Acquazzurra SpA Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial				49.31	65.49	55.52	65.77	-

Competitive Comparison of Acquazzurra SpA's Days Inventory

For the Advertising Agencies subindustry, Acquazzurra SpA'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.

Acquazzurra SpA's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Acquazzurra SpA's Days Inventory distribution charts can be found below:

* The bar in red indicates where Acquazzurra SpA's Days Inventory falls into.

Acquazzurra SpA Days Inventory Calculation

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

Acquazzurra SpA'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
=	( (2.799	+	3.272)	/	2 )	/	20.532	*	365
=	3.0355					/	20.532	*	365
=	53.96

Acquazzurra SpA's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (2.799	+	2.956)	/	2 )	/	7.985	*	365 / 2
=	2.8775					/	7.985	*	365 / 2
=	65.77

Acquazzurra SpA (MIL:ACQ) 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.

Acquazzurra SpA's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7.985	/	2.8775
	=	2.77

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.

Acquazzurra SpA's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.8775	/	10.785
	=	0.27

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.

Acquazzurra SpA Days Inventory Related Terms

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

Acquazzurra SpA (MIL:ACQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Acquazzurra SpA (MIL:ACQ) » Definitions » Days Inventory

Comparable Companies

TSE:3622 TSE:2656 TSE:9258 TSE:2411 TRKA BKK:GPI TSE:2173 TSE:7063 XPAR:ALNXT KNIT

Traded in Other Exchanges

N/A

Address

Via Rutilia, 10/8, Milan, ITA, 20141

Website

https://www.acquazzurra.biz

Acquazzurra SpA operates as an advertising agency. It is engaged in the sector of the sale of advertising space in exchange for the products of advertiser customers. The company structures the campaigns advertising more suited to the needs of advertisers customers, taking advantage of different types of media, such as TV, radio, magazines, newspapers, outdoor advertising, and the web.

Acquazzurra SpA (MIL:ACQ) Headlines

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