NVP SpA (MIL:NVP) Days Inventory : 3.89 (As of Dec. 2023)

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What is NVP SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NVP SpA's Average Total Inventories for the six months ended in Dec. 2023 was €0.11 Mil. NVP SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €5.02 Mil. Hence, NVP SpA's Days Inventory for the six months ended in Dec. 2023 was 3.89.

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

MIL:NVP' s Days Inventory Range Over the Past 10 Years
Min: 3.94 Med: 3.94 Max: 3.94
Current: 3.94

During the past 7 years, NVP SpA's highest Days Inventory was 3.94. The lowest was 3.94. And the median was 3.94.

MIL:NVP's Days Inventory is ranked better than
83.48% of 660 companies
in the Media - Diversified industry
Industry Median: 25.75 vs MIL:NVP: 3.94

NVP SpA's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2023 (3.89). It might indicate that NVP SpA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. NVP SpA's Inventory Turnover for the six months ended in Dec. 2023 was 46.90.

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. NVP SpA's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.01.

NVP SpA Days Inventory Historical Data

The historical data trend for NVP 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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NVP SpA Days Inventory Chart

NVP SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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3.94

NVP SpA Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial								-	-	-	-	3.89

Competitive Comparison of NVP SpA's Days Inventory

For the Entertainment subindustry, NVP 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.

NVP SpA's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, NVP SpA's Days Inventory distribution charts can be found below:

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

NVP SpA Days Inventory Calculation

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

NVP 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	+	0.107)	/	1 )	/	9.909	*	365
=	0.107					/	9.909	*	365
=	3.94

NVP 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
=	( (0	+	0.107)	/	1 )	/	5.018	*	365 / 2
=	0.107					/	5.018	*	365 / 2
=	3.89

NVP SpA (MIL:NVP) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5.018	/	0.107
	=	46.90

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.107	/	15.046
	=	0.01

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.

NVP SpA Days Inventory Related Terms

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

NVP SpA (MIL:NVP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » NVP SpA (MIL:NVP) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Gebbia Grande 1 / B, San Piero Patti, Messina, ITA

Website

https://www.nvp.it

NVP SpA is a provider of video production for television networks and for owners or managers of television rights. The company designs and develops high-tech mobile direction of television events, sports, entertainment, concerts and shows.

NVP SpA (MIL:NVP) Headlines

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