Italian Wine Brands SpA (MIL:IWB) Change In Inventory : €22.7 Mil (TTM As of Dec. 2023)

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What is Italian Wine Brands SpA Change In Inventory?

Italian Wine Brands SpA's change in inventory for the quarter that ended in Dec. 2023 was €26.3 Mil. It means Italian Wine Brands SpA's inventory declined by €26.3 Mil from Jun. 2023 to Dec. 2023 .

Italian Wine Brands SpA's change in inventory for the fiscal year that ended in Dec. 2023 was €22.7 Mil. It means Italian Wine Brands SpA's inventory declined by €22.7 Mil from Dec. 2022 to Dec. 2023 .

Italian Wine Brands SpA's Total Inventories for the quarter that ended in Dec. 2023 was €76.2 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Italian Wine Brands SpA's Days Inventory for the quarter that ended in Dec. 2023 was 81.03.

Inventory Turnover measures how fast the company turns over its inventory within a year. Italian Wine Brands SpA's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.25.

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. Italian Wine Brands SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.38.

Italian Wine Brands SpA Change In Inventory Historical Data

The historical data trend for Italian Wine Brands 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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Italian Wine Brands SpA Change In Inventory Chart

Italian Wine Brands SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-1.34

-4.49

-14.64

-3.01

22.66

Italian Wine Brands SpA Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial													-6.54	-9.93	6.92	-3.61	26.27

Italian Wine Brands 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €22.7 Mil.

Italian Wine Brands SpA (MIL:IWB) Change In Inventory Explanation

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

Italian Wine Brands 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
	=	87.182	/	196.347	*	365 / 2
	=	81.03

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

Italian Wine Brands SpA's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	196.347	/	87.182
	=	2.25

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.

Italian Wine Brands SpA's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	87.182	/	232.349
	=	0.38

Italian Wine Brands SpA Change In Inventory Related Terms

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Italian Wine Brands SpA (MIL:IWB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Italian Wine Brands SpA (MIL:IWB) » Definitions » Change In Inventory

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Traded in Other Exchanges

MR3:Germany

Address

Viale Abruzzi 94, Milan, ITA, 20131

Website

https://www.italianwinebrands.it

Italian Wine Brands SpA through its subsidiaries is engaged in the production and distribution of wine in Italy. The group works through two different sales channels namely Distance Selling and Wholesale. The company also offers gourmet food products, coffee, and extra virgin olive oil, to Terre dei Gigli and Italian Art Cafe brands. The company operates in Europe and rest of the world.