GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sicily By Car SpA (MIL:SBC) » Definitions » Days Inventory

Sicily By Car SpA (MIL:SBC) Days Inventory : 0.47 (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Sicily By Car SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sicily By Car SpA's Average Total Inventories for the six months ended in Dec. 2023 was €0.2 Mil. Sicily By Car SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €68.1 Mil. Hence, Sicily By Car SpA's Days Inventory for the six months ended in Dec. 2023 was 0.47.

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

MIL:SBC' s Days Inventory Range Over the Past 10 Years
Min: 0.74   Med: 1   Max: 9.28
Current: 0.96

During the past 3 years, Sicily By Car SpA's highest Days Inventory was 9.28. The lowest was 0.74. And the median was 1.00.

MIL:SBC's Days Inventory is ranked better than
90.13% of 679 companies
in the Business Services industry
Industry Median: 30.4 vs MIL:SBC: 0.96

Sicily By Car SpA's Days Inventory declined from Dec. 2022 (0.53) to Dec. 2023 (0.47).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sicily By Car SpA's Inventory Turnover for the six months ended in Dec. 2023 was 386.88.

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. Sicily By Car SpA's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.


Sicily By Car SpA Days Inventory Historical Data

The historical data trend for Sicily By Car 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.

Sicily By Car SpA Days Inventory Chart

Sicily By Car SpA Annual Data
Trend Dec21 Dec22 Dec23
Days Inventory
9.28 0.74 1.00

Sicily By Car SpA Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory - 6.44 0.53 11.16 0.47

Competitive Comparison of Sicily By Car SpA's Days Inventory

For the Rental & Leasing Services subindustry, Sicily By Car 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.


Sicily By Car SpA's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sicily By Car SpA's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sicily By Car SpA's Days Inventory falls into.



Sicily By Car SpA Days Inventory Calculation

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

Sicily By Car 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
=( (0.207 + 0.182) / 2 ) / 71.171*365
=0.1945 / 71.171*365
=1.00

Sicily By Car 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
=( (0.17 + 0.182) / 2 ) / 68.09*365 / 2
=0.176 / 68.09*365 / 2
=0.47

* 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.


Sicily By Car SpA  (MIL:SBC) 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.

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

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.

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

* 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.


Sicily By Car SpA Days Inventory Related Terms

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


Sicily By Car SpA (MIL:SBC) Business Description

Traded in Other Exchanges
Address
Via Galileo Galilei, 10H, Bolzano, ITA, 39100
Sicily By Car SpA operates in the Italian short-term rental market with 55 rental offices directly located at the main Italian airports and cities. The company allows to choose among: Private hire (cheap, compact, medium, standard, convertible, estate and 9-seater cars), Commercial vehicles, Electric car rentals, Boat rental.

Sicily By Car SpA (MIL:SBC) Headlines

No Headlines