Safilo Group SpA (Safilo Group SpA) Change In Inventory : $25 Mil (TTM As of Dec. 2023)

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What is Safilo Group SpA Change In Inventory?

Safilo Group SpA's change in inventory for the quarter that ended in Dec. 2023 was $-1 Mil. It means Safilo Group SpA's inventory increased by $1 Mil from Jun. 2023 to Dec. 2023 .

Safilo Group SpA's change in inventory for the fiscal year that ended in Dec. 2023 was $25 Mil. It means Safilo Group SpA's inventory declined by $25 Mil from Dec. 2022 to Dec. 2023 .

Safilo Group SpA's Total Inventories for the quarter that ended in Dec. 2023 was $250 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Safilo Group SpA's Days Inventory for the quarter that ended in Dec. 2023 was 201.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Safilo Group SpA's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.91.

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. Safilo Group SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.48.

Safilo Group SpA Change In Inventory Historical Data

The historical data trend for Safilo Group SpA's Change In 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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Safilo Group SpA Change In Inventory Chart

Safilo Group SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-15.22

44.62

-29.18

-18.66

24.70

Safilo Group SpA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-36.78	-5.11	-13.54	25.39	-0.85

Safilo Group SpA Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $25 Mil.

Safilo Group SpA (OTCPK:SAFLY) Change In Inventory Explanation

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

Safilo Group SpA's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	249.841	/	226.228	*	365 / 2
	=	201.55

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Safilo Group SpA's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	226.228	/	249.841
	=	0.91

3. 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.

Safilo Group SpA's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	249.841	/	517.55
	=	0.48

Safilo Group SpA Change In Inventory Related Terms

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Safilo Group SpA (Safilo Group SpA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Safilo Group SpA (OTCPK:SAFLY) » Definitions » Change In Inventory

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Traded in Other Exchanges

SAFLF:USA SFL:Italy 0NJ5:UK S5U5:Germany

Address

Settima Strada, 15, Padua, ITA, 35129

Website

https://www.safilogroup.com

Safilo Group SpA makes sunglasses and prescription eyewear. It is engaged in design, production, and wholesale distribution of its products through a network of independent distributors and commercial subsidiaries. Its products are sold through the Carrera, Smith, Polaroid and Oxydo brands, as well as a range of other licensed brands. The company operates solely through the wholesale segment channels and divides itself into the following four geographical segments: Italy, Europe, America, and Asia. The company earns most of its revenue from the America business segment.

Safilo Group SpA (Safilo Group SpA) Headlines

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