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Ediliziacrobatica SpA (MIL:EDAC) Days Inventory : 7.10 (As of Dec. 2023)


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What is Ediliziacrobatica SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ediliziacrobatica SpA's Average Total Inventories for the six months ended in Dec. 2023 was €1.4 Mil. Ediliziacrobatica SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €35.7 Mil. Hence, Ediliziacrobatica SpA's Days Inventory for the six months ended in Dec. 2023 was 7.10.

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

MIL:EDAC' s Days Inventory Range Over the Past 10 Years
Min: 6.71   Med: 20.36   Max: 55.64
Current: 6.71

During the past 8 years, Ediliziacrobatica SpA's highest Days Inventory was 55.64. The lowest was 6.71. And the median was 20.36.

MIL:EDAC's Days Inventory is ranked better than
74.3% of 681 companies
in the Business Services industry
Industry Median: 29.67 vs MIL:EDAC: 6.71

Ediliziacrobatica SpA's Days Inventory declined from Dec. 2022 (15.90) to Dec. 2023 (7.10).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ediliziacrobatica SpA's Inventory Turnover for the six months ended in Dec. 2023 was 25.71.

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. Ediliziacrobatica SpA's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.02.


Ediliziacrobatica SpA Days Inventory Historical Data

The historical data trend for Ediliziacrobatica 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.

Ediliziacrobatica SpA Days Inventory Chart

Ediliziacrobatica SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 55.64 54.19 21.90 8.18 6.81

Ediliziacrobatica SpA Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.56 23.56 15.90 6.18 7.10

Competitive Comparison of Ediliziacrobatica SpA's Days Inventory

For the Specialty Business Services subindustry, Ediliziacrobatica 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.


Ediliziacrobatica SpA's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ediliziacrobatica SpA's Days Inventory distribution charts can be found below:

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



Ediliziacrobatica SpA Days Inventory Calculation

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

Ediliziacrobatica 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
=( (0.97 + 1.567) / 2 ) / 67.962*365
=1.2685 / 67.962*365
=6.81

Ediliziacrobatica 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
=( (1.212 + 1.567) / 2 ) / 35.724*365 / 2
=1.3895 / 35.724*365 / 2
=7.10

* 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.


Ediliziacrobatica SpA  (MIL:EDAC) 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.

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

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.

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

* 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.


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.


Ediliziacrobatica SpA Days Inventory Related Terms

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


Ediliziacrobatica SpA (MIL:EDAC) Business Description

Traded in Other Exchanges
Address
Via Turati 29, Milan, ITA, 20121
Ediliziacrobatica SpA is the leading company in the construction sector for rope or rope work. It carries out operations without the use of scaffolding or aerial platforms using the innovative and cutting-edge technique of the double safety rope that allows the customer quality services with excellent standards and significant cost reduction. The company offers renovation, restoration, cleaning, installation and maintenance interventions services.

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