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Lemon Sistemi SpA (MIL:LS) Days Inventory : 110.35 (As of Dec. 2023)


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What is Lemon Sistemi SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lemon Sistemi SpA's Average Total Inventories for the six months ended in Dec. 2023 was €3.73 Mil. Lemon Sistemi SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €6.16 Mil. Hence, Lemon Sistemi SpA's Days Inventory for the six months ended in Dec. 2023 was 110.35.

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

MIL:LS' s Days Inventory Range Over the Past 10 Years
Min: 65.77   Med: 97.1   Max: 138.43
Current: 138.43

During the past 3 years, Lemon Sistemi SpA's highest Days Inventory was 138.43. The lowest was 65.77. And the median was 97.10.

MIL:LS's Days Inventory is ranked worse than
55.25% of 943 companies
in the Semiconductors industry
Industry Median: 130.22 vs MIL:LS: 138.43

Lemon Sistemi SpA's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2023 (110.35). It might indicate that Lemon Sistemi 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. Lemon Sistemi SpA's Inventory Turnover for the six months ended in Dec. 2023 was 1.65.

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. Lemon Sistemi SpA's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.39.

Lemon Sistemi SpA Days Inventory Historical Data

The historical data trend for Lemon Sistemi 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.

Lemon Sistemi SpA Days Inventory Chart

Lemon Sistemi SpA Annual Data
Trend Dec21 Dec22 Dec23
Days Inventory
65.77 97.10 126.88

Lemon Sistemi SpA Semi-Annual Data
Dec21 Dec22 Jun23 Dec23
Days Inventory - - 220.76 110.35

Competitive Comparison of Lemon Sistemi SpA's Days Inventory

For the Solar subindustry, Lemon Sistemi 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.

Lemon Sistemi SpA's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Lemon Sistemi SpA's Days Inventory distribution charts can be found below:

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


Lemon Sistemi SpA Days Inventory Calculation

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

Lemon Sistemi 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
=( (2.661 + 3.519) / 2 ) / 8.889*365
=3.09 / 8.889*365
=126.88

Lemon Sistemi 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
=( (3.934 + 3.519) / 2 ) / 6.163*365 / 2
=3.7265 / 6.163*365 / 2
=110.35

* 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.

Lemon Sistemi SpA  (MIL:LS) 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.

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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=6.163 / 3.7265
=1.65

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=3.7265 / 9.642
=0.39

* 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.

Lemon Sistemi SpA Days Inventory Related Terms

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

Lemon Sistemi SpA (MIL:LS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Lemon Sistemi SpA (MIL:LS) » Definitions » Days Inventory
Comparable Companies
Traded in Other Exchanges
N/A
Address
Via IV Novembre, Balestrate, ITA, 6090041
Website
https://www.lemonsistemi.it
Lemon Sistemi SpA is an Italian company that specializes in solar energy systems. It focuses on designing, installing, and maintaining photovoltaic systems for homes and businesses. Its product portfolio includes Sunpower photovoltaic, Solar Thermal, Renewable heating systems, Storage systems, and Electric car charging stations.

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