Dexelance SpA (MIL:DEX) Days Inventory : 84.44 (As of Dec. 2023)

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What is Dexelance SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dexelance SpA's Average Total Inventories for the three months ended in Dec. 2023 was €36.7 Mil. Dexelance SpA's Cost of Goods Sold for the three months ended in Dec. 2023 was €39.7 Mil. Hence, Dexelance SpA's Days Inventory for the three months ended in Dec. 2023 was 84.44.

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

MIL:DEX' s Days Inventory Range Over the Past 10 Years
Min: 51.58 Med: 54.65 Max: 65.04
Current: 62.53

During the past 4 years, Dexelance SpA's highest Days Inventory was 65.04. The lowest was 51.58. And the median was 54.65.

MIL:DEX's Days Inventory is ranked better than
76.23% of 408 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.19 vs MIL:DEX: 62.53

Dexelance SpA's Days Inventory increased from Dec. 2022 (69.08) to Dec. 2023 (84.44). It might indicate that Dexelance SpA'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. Dexelance SpA's Inventory Turnover for the three months ended in Dec. 2023 was 1.08.

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. Dexelance SpA's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.41.

Dexelance SpA Days Inventory Historical Data

The historical data trend for Dexelance 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.

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Dexelance SpA Days Inventory Chart

Dexelance SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

65.04

51.58

52.26

57.03

Dexelance SpA Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial					69.08	50.56	53.51	70.61	84.44

Competitive Comparison of Dexelance SpA's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Dexelance 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.

Dexelance SpA's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Dexelance SpA's Days Inventory distribution charts can be found below:

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

Dexelance SpA Days Inventory Calculation

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

Dexelance 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
=	( (21.152	+	34.306)	/	2 )	/	177.483	*	365
=	27.729					/	177.483	*	365
=	57.03

Dexelance 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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (39.157	+	34.306)	/	2 )	/	39.693	*	365 / 4
=	36.7315					/	39.693	*	365 / 4
=	84.44

Dexelance SpA (MIL:DEX) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	39.693	/	36.7315
	=	1.08

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	36.7315	/	89.083
	=	0.41

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.

Dexelance SpA Days Inventory Related Terms

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