Pininfarina Spa (MIL:PINF) Days Inventory : 9.65 (As of Sep. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Pininfarina Spa Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Pininfarina Spa's Average Total Inventories for the three months ended in Sep. 2023 was €0.74 Mil. Pininfarina Spa's Cost of Goods Sold for the three months ended in Sep. 2023 was €7.04 Mil. Hence, Pininfarina Spa's Days Inventory for the three months ended in Sep. 2023 was 9.65.

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

MIL:PINF' s Days Inventory Range Over the Past 10 Years
Min: 4.3 Med: 7.16 Max: 14.26
Current: 4.3

During the past 13 years, Pininfarina Spa's highest Days Inventory was 14.26. The lowest was 4.30. And the median was 7.16.

MIL:PINF's Days Inventory is ranked better than
99.05% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 81.295 vs MIL:PINF: 4.30

Pininfarina Spa's Days Inventory increased from Sep. 2022 (4.78) to Sep. 2023 (9.65). It might indicate that Pininfarina Spa's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pininfarina Spa's Inventory Turnover for the three months ended in Sep. 2023 was 9.46.

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. Pininfarina Spa's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.04.

Pininfarina Spa Days Inventory Historical Data

The historical data trend for Pininfarina 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.

Pininfarina Spa Days Inventory Chart

Pininfarina Spa Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

5.88

10.03

7.30

5.12

3.09

Pininfarina Spa Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															4.11	5.46	5.52	9.65	2.64

Competitive Comparison of Pininfarina Spa's Days Inventory

For the Auto Manufacturers subindustry, Pininfarina 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.

Pininfarina Spa's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Pininfarina Spa's Days Inventory distribution charts can be found below:

* The bar in red indicates where Pininfarina Spa's Days Inventory falls into.

Pininfarina Spa Days Inventory Calculation

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

Pininfarina Spa'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
=	( (0.33	+	0.342)	/	2 )	/	23.976	*	365
=	0.336					/	23.976	*	365
=	5.12

Pininfarina Spa's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.496	+	0.992)	/	2 )	/	7.038	*	365 / 4
=	0.744					/	7.038	*	365 / 4
=	9.65

Pininfarina Spa (MIL:PINF) 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.

Pininfarina Spa's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7.038	/	0.744
	=	9.46

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.

Pininfarina Spa's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.744	/	20.954
	=	0.04

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.

Pininfarina Spa Days Inventory Related Terms

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

Pininfarina Spa (MIL:PINF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Pininfarina Spa (MIL:PINF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

PNF:Germany

Address

Via Nazionale 30, Cambiano, Turin, ITA, 10020

Website

http://www.pininfarina.com

Pininfarina Spa is an Italian company engaged in the production, development, designing, engineering, and manufacturing of vehicles in Italy, Germany, and China. It offers various services including automotive design, transportation design, architecture, and interior design in the fields of residential, hospitality, sport and commercial structures, industrial design, engineering, wind tunnel, sustainable mobility, and exclusive vehicles - restorations. The company has two reportable segments design and engineering, majority of revenue is generated from the Design segment. The company's geographical segment consists of Italy, Germany, China, USA. The majority of revenue is generated from non-EU countries.

Pininfarina Spa (MIL:PINF) Headlines

No Headlines