Buzzi Spa (MIL:BZU) Days Inventory

: 178.28 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). Buzzi Spa's Average Total Inventories for the six months ended in Dec. 2023 was €721 Mil. Buzzi Spa's Cost of Goods Sold for the six months ended in Dec. 2023 was €739 Mil. Hence, Buzzi Spa's Days Inventory for the six months ended in Dec. 2023 was 178.28.

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

MIL:BZU' s Days Inventory Range Over the Past 10 Years
Min: 128.08 Med: 138.87 Max: 171.14
Current: 167.45

During the past 13 years, Buzzi Spa's highest Days Inventory was 171.14. The lowest was 128.08. And the median was 138.87.

MIL:BZU's Days Inventory is ranked worse than
78.53% of 368 companies
in the Building Materials industry
Industry Median: 83.315 vs MIL:BZU: 167.45

Buzzi Spa's Days Inventory increased from Dec. 2022 (141.43) to Dec. 2023 (178.28). It might indicate that Buzzi Spa's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Buzzi Spa's Inventory Turnover for the six months ended in Dec. 2023 was 1.02.

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. Buzzi Spa's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.33.

Buzzi Spa Days Inventory Historical Data

The historical data trend for Buzzi 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.

Buzzi Spa Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

144.90

149.07

130.29

136.04

171.14

Buzzi Spa Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															115.42	125.29	141.43	154.36	178.28

Competitive Comparison

For the Building Materials subindustry, Buzzi 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.

Buzzi Spa Days Inventory Distribution

For the Building Materials industry and Basic Materials sector, Buzzi Spa's Days Inventory distribution charts can be found below:

* The bar in red indicates where Buzzi Spa's Days Inventory falls into.

Buzzi Spa Days Inventory Calculation

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

Buzzi 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
=	( (718.028	+	754.269)	/	2 )	/	1570.065	*	365
=	736.1485					/	1570.065	*	365
=	171.14

Buzzi Spa'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (688.605	+	754.269)	/	2 )	/	738.522	*	365 / 2
=	721.437					/	738.522	*	365 / 2
=	178.28

Buzzi Spa (MIL:BZU) 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.

Buzzi Spa's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	738.522	/	721.437
	=	1.02

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.

Buzzi Spa's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	721.437	/	2167.855
	=	0.33

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.

Buzzi Spa Days Inventory Related Terms

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

Buzzi Spa (MIL:BZU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Buzzi Spa (MIL:BZU) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

BZZUY:USA BZZUF:USA BZUm:UK 0NVQ:UK UCM:Germany

Address

Via Luigi Buzzi, 6, Casale Monferrato, ITA, 15033

Website

https://www.buzziunicem.com

Buzzi Spa manufactures and sells cement, ready-mix concrete, and aggregates. The company operates in two segments by product: cement and concrete/aggregates. The cement segment generates the majority of revenue, sells cement and cement-related products to the construction and building industries. The concrete and aggregates segment sells concrete and aggregates from hundreds of firm-owned concrete batch plants and aggregate quarries. The vast majority of Buzzi Unicem's revenue comes from the United States of America.

Buzzi Spa (MIL:BZU) Headlines

No Headlines