Ariston Holding NV (LTS:0ABE) Days Inventory : 119.26 (As of Dec. 2023)

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What is Ariston Holding NV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ariston Holding NV's Average Total Inventories for the six months ended in Dec. 2023 was €657 Mil. Ariston Holding NV's Cost of Goods Sold for the six months ended in Dec. 2023 was €1,005 Mil. Hence, Ariston Holding NV's Days Inventory for the six months ended in Dec. 2023 was 119.26.

The historical rank and industry rank for Ariston Holding NV's Days Inventory or its related term are showing as below:

LTS:0ABE' s Days Inventory Range Over the Past 10 Years
Min: 89.96 Med: 91.39 Max: 111.32
Current: 111.32

During the past 7 years, Ariston Holding NV's highest Days Inventory was 111.32. The lowest was 89.96. And the median was 91.39.

LTS:0ABE's Days Inventory is ranked worse than
80.85% of 329 companies
in the Utilities - Independent Power Producers industry
Industry Median: 30.46 vs LTS:0ABE: 111.32

Ariston Holding NV's Days Inventory increased from Dec. 2022 (106.22) to Dec. 2023 (119.26). It might indicate that Ariston Holding NV's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ariston Holding NV's Inventory Turnover for the six months ended in Dec. 2023 was 1.53.

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. Ariston Holding NV's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.43.

Ariston Holding NV Days Inventory Historical Data

The historical data trend for Ariston Holding NV'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.

Ariston Holding NV Days Inventory Chart

Ariston Holding NV Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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91.32

95.82

89.96

97.11

102.17

Ariston Holding NV Semi-Annual Data
	Dec17	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial					95.49	108.42	106.22	112.32	119.26

Competitive Comparison of Ariston Holding NV's Days Inventory

For the Utilities - Renewable subindustry, Ariston Holding NV'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.

Ariston Holding NV's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Ariston Holding NV's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ariston Holding NV's Days Inventory falls into.

Ariston Holding NV Days Inventory Calculation

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

Ariston Holding NV'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
=	( (476.7	+	619)	/	2 )	/	1957.1	*	365
=	547.85					/	1957.1	*	365
=	102.17

Ariston Holding NV'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
=	( (694.9	+	619)	/	2 )	/	1005.3	*	365 / 2
=	656.95					/	1005.3	*	365 / 2
=	119.26

Ariston Holding NV (LTS:0ABE) 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.

Ariston Holding NV's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1005.3	/	656.95
	=	1.53

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.

Ariston Holding NV's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	656.95	/	1539.8
	=	0.43

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.

Ariston Holding NV Days Inventory Related Terms

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

Ariston Holding NV (LTS:0ABE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Ariston Holding NV (LTS:0ABE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

ARIS:Italy ARISm:UK E0E:Germany

Address

Via Broletto 44, Milano, ITA, 20121

Website

https://www.aristongroup.com

Ariston Holding NV is an Italian based company that produces heating systems and related products. It develops, manufactures, and markets renewable hot water solutions. The company brands include Ariston, Elco, Chaffoteaux, Racold, Calorex, NTI, HTP, ATAG amongst others. Its segment includes Thermal Com-fort (TC), Burners (BUR), and Components (COM).

Ariston Holding NV (LTS:0ABE) Headlines

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