Days Inventory is also known as Days Sales of Inventory (DSI). Leonardo SpA's Average Total Inventories for the
three
months ended in Sep. 2023 was $3,852 Mil. Leonardo SpA's Cost of Goods Sold for the
three
months ended in Sep. 2023 was $3,225 Mil.
Hence, Leonardo SpA's Days Inventory for the
three
months ended in Sep. 2023 was 108.97.
The historical rank and industry rank for Leonardo SpA's Days Inventory or its related term are showing as below:
FINMY'
s Days Inventory Range Over the Past 10 Years
Min: 72.31 Med: 119.55 Max: 125.3
Current: 72.31
During the past 13 years, Leonardo SpA's highest Days Inventory was 125.30. The lowest was 72.31. And the median was 119.55.
FINMY's Days Inventory is ranked better than 75% of 288
companies
in the Aerospace & Defense industry
Industry Median: 138.735
vs FINMY: 72.31
Leonardo SpA's Days Inventory
declined
from Sep. 2022 (117.24) to Sep. 2023 (108.97).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Leonardo SpA's Inventory Turnover for the
three
months ended in Sep. 2023 was 0.84.
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.
Leonardo SpA's Inventory-to-Revenue for the
three
months ended in Sep. 2023 was 1.07.
Leonardo SpA Days Inventory Historical Data
The historical data trend for Leonardo 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.
Competitive Comparison of Leonardo SpA's Days Inventory
For the Aerospace & Defense subindustry, Leonardo 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.
Leonardo SpA's Days Inventory Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Leonardo SpA's Days Inventory distribution charts can be found below:
* The bar in red indicates where Leonardo SpA's Days Inventory falls into.
Leonardo SpA Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Leonardo SpA's Days Inventory for the fiscal year that ended in Dec. 2022 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.
Leonardo SpA (OTCPK:FINMY) 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.
Leonardo SpA's Inventory Turnover for the
three
months ended in Sep. 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.
Leonardo SpA's Inventory to Revenue for the
three
months ended in Sep. 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.
Leonardo SpA Days Inventory Related Terms
Thank you for viewing the detailed overview of Leonardo SpA's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Leonardo is one of the largest European defense firms, with 30% of its shares owned by the Italian government. The group's divisions include helicopters; defense, electronics, and security systems; and aeronautics. The helicopter division serves both military and civil markets through AgustaWestland. DES has access to the U.S. defense market through the DRS subsidiary. The aeronautics division cooperates in international programs, such as Eurofighter Typhoon, F-35, and the new Tempest, and supplies aerostructures to large commercial aircraft programs.
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