Fae Technology S.p.A. (MIL:FAE) Days Inventory : 125.97 (As of Jun. 2023)

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What is Fae Technology S.p.A. Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fae Technology S.p.A.'s Average Total Inventories for the six months ended in Jun. 2023 was €14.60 Mil. Fae Technology S.p.A.'s Cost of Goods Sold for the six months ended in Jun. 2023 was €21.15 Mil. Hence, Fae Technology S.p.A.'s Days Inventory for the six months ended in Jun. 2023 was 125.97.

The historical rank and industry rank for Fae Technology S.p.A.'s Days Inventory or its related term are showing as below:

MIL:FAE' s Days Inventory Range Over the Past 10 Years
Min: 86.85 Med: 91.85 Max: 150.63
Current: 150.63

During the past 4 years, Fae Technology S.p.A.'s highest Days Inventory was 150.63. The lowest was 86.85. And the median was 91.85.

MIL:FAE's Days Inventory is ranked worse than
68.48% of 2408 companies
in the Hardware industry
Industry Median: 101.86 vs MIL:FAE: 150.63

Fae Technology S.p.A.'s Days Inventory increased from Jun. 2022 (110.22) to Jun. 2023 (125.97). It might indicate that Fae Technology S.p.A.'s sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fae Technology S.p.A.'s Inventory Turnover for the six months ended in Jun. 2023 was 1.45.

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. Fae Technology S.p.A.'s Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.53.

Fae Technology S.p.A. Days Inventory Historical Data

The historical data trend for Fae Technology S.p.A.'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.

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Fae Technology S.p.A. Days Inventory Chart

Fae Technology S.p.A. Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

125.65

86.85

91.85

112.99

Fae Technology S.p.A. Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			89.39	110.22	113.83	125.97	-

Competitive Comparison of Fae Technology S.p.A.'s Days Inventory

For the Electronic Components subindustry, Fae Technology S.p.A.'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.

Fae Technology S.p.A.'s Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Fae Technology S.p.A.'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Fae Technology S.p.A.'s Days Inventory falls into.

Fae Technology S.p.A. Days Inventory Calculation

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

Fae Technology S.p.A.'s Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (4.838	+	10.816)	/	2 )	/	31.103	*	365
=	7.827					/	31.103	*	365
=	91.85

Fae Technology S.p.A.'s Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (10.816	+	18.386)	/	2 )	/	21.153	*	365 / 2
=	14.601					/	21.153	*	365 / 2
=	125.97

Fae Technology S.p.A. (MIL:FAE) 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.

Fae Technology S.p.A.'s Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	21.153	/	14.601
	=	1.45

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.

Fae Technology S.p.A.'s Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	14.601	/	27.311
	=	0.53

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.

Fae Technology S.p.A. Days Inventory Related Terms

Thank you for viewing the detailed overview of Fae Technology S.p.A.'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Fae Technology S.p.A. (MIL:FAE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fae Technology S.p.A. (MIL:FAE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via C. Battisti, 136, Gazzaniga (BG), ITA, 24025

Website

https://www.fae.technology

Fae Technology S.p.A. operates in design, PoC development, industrial design, prototyping, manufacturing, and solution delivery in embedded electronics and custom electronics products.

Fae Technology S.p.A. (MIL:FAE) Headlines

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