Italian Sea Group (MIL:TISG) Days Inventory : 152.89 (As of Dec. 2023)

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What is Italian Sea Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Italian Sea Group's Average Total Inventories for the six months ended in Dec. 2023 was €86.7 Mil. Italian Sea Group's Cost of Goods Sold for the six months ended in Dec. 2023 was €103.4 Mil. Hence, Italian Sea Group's Days Inventory for the six months ended in Dec. 2023 was 152.89.

The historical rank and industry rank for Italian Sea Group's Days Inventory or its related term are showing as below:

MIL:TISG' s Days Inventory Range Over the Past 10 Years
Min: 93.78 Med: 117.92 Max: 199.68
Current: 121.18

During the past 6 years, Italian Sea Group's highest Days Inventory was 199.68. The lowest was 93.78. And the median was 117.92.

MIL:TISG's Days Inventory is ranked worse than
74.18% of 674 companies
in the Travel & Leisure industry
Industry Median: 36.01 vs MIL:TISG: 121.18

Italian Sea Group's Days Inventory increased from Dec. 2022 (104.58) to Dec. 2023 (152.89). It might indicate that Italian Sea Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Italian Sea Group's Inventory Turnover for the six months ended in Dec. 2023 was 1.19.

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. Italian Sea Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.50.

Italian Sea Group Days Inventory Historical Data

The historical data trend for Italian Sea Group'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.

Italian Sea Group Days Inventory Chart

Italian Sea Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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129.56

112.96

105.01

97.82

131.15

Italian Sea Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial					137.20	108.38	104.58	105.33	152.89

Competitive Comparison of Italian Sea Group's Days Inventory

For the Leisure subindustry, Italian Sea Group'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.

Italian Sea Group's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Italian Sea Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Italian Sea Group's Days Inventory falls into.

Italian Sea Group Days Inventory Calculation

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

Italian Sea Group'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
=	( (53.041	+	99.965)	/	2 )	/	212.92	*	365
=	76.503					/	212.92	*	365
=	131.15

Italian Sea Group'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
=	( (73.342	+	99.965)	/	2 )	/	103.435	*	365 / 2
=	86.6535					/	103.435	*	365 / 2
=	152.89

Italian Sea Group (MIL:TISG) 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.

Italian Sea Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	103.435	/	86.6535
	=	1.19

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.

Italian Sea Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	86.6535	/	173.911
	=	0.50

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.

Italian Sea Group Days Inventory Related Terms

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

Italian Sea Group (MIL:TISG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Italian Sea Group (MIL:TISG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

6QN:Germany

Address

Viale Cristoforo Colombo, 4Bis, Marina di Carrara, ITA, 54033

Website

https://www.theitalianseagroup.com

Italian Sea Group is engaged in designing, manufacturing, and sales of custom-made luxury superyachts. The yachts offered by the company include Quinta Essentia, Entourage, Planet Nine, and Tremenda among others.

Italian Sea Group (MIL:TISG) Headlines

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