Culti Milano SpA (MIL:CULT) Change In Inventory : €-0.44 Mil (TTM As of Jun. 2023)

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What is Culti Milano SpA Change In Inventory?

Culti Milano SpA's change in inventory for the quarter that ended in Jun. 2023 was €-0.44 Mil. It means Culti Milano SpA's inventory increased by €0.44 Mil from Jun. 2022 to Jun. 2023 .

Culti Milano SpA's change in inventory for the fiscal year that ended in Dec. 2021 was €-1.14 Mil. It means Culti Milano SpA's inventory increased by €1.14 Mil from Dec. 2020 to Dec. 2021 .

Culti Milano SpA's Total Inventories for the quarter that ended in Jun. 2023 was €5.98 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Culti Milano SpA's Days Inventory for the quarter that ended in Jun. 2023 was 143.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. Culti Milano SpA's Inventory Turnover for the quarter that ended in Jun. 2023 was 1.27.

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. Culti Milano SpA's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.53.

Culti Milano SpA Change In Inventory Historical Data

The historical data trend for Culti Milano SpA's Change In 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.

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Culti Milano SpA Change In Inventory Chart

Culti Milano SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Change In Inventory

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-0.03

-0.36

0.12

0.26

-1.14

Culti Milano SpA Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
Change In Inventory	Get a 7-Day Free Trial								0.80	-1.57	0.43	-1.77	-0.44

Culti Milano SpA Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.44 Mil.

Culti Milano SpA (MIL:CULT) Change In Inventory Explanation

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

Culti Milano SpA's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	5.943	/	7.544	*	365 / 2
	=	143.77

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Culti Milano SpA's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7.544	/	5.943
	=	1.27

3. 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.

Culti Milano SpA's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5.943	/	11.142
	=	0.53

Culti Milano SpA Change In Inventory Related Terms

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Culti Milano SpA (MIL:CULT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Culti Milano SpA (MIL:CULT) » Definitions » Change In Inventory

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Address

Via Santa Sofia 27, Milan, ITA, 20122

Website

http://www.culti.com

Culti Milano SpA develops fragrances, cosmetics and home accessories designed for every area of the house. It offers diffusers, refills, home sprays, candles, complements such as car sachets, home sachets, and leather pochettes.

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