Digital360 SpA (FRA:UJ8) Days Inventory : 71.60 (As of Jun. 2023)

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What is Digital360 SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Digital360 SpA's Average Total Inventories for the six months ended in Jun. 2023 was €8.26 Mil. Digital360 SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was €21.05 Mil. Hence, Digital360 SpA's Days Inventory for the six months ended in Jun. 2023 was 71.60.

The historical rank and industry rank for Digital360 SpA's Days Inventory or its related term are showing as below:

FRA:UJ8' s Days Inventory Range Over the Past 10 Years
Min: 0 Med: 0 Max: 143.19
Current: 143.19

During the past 7 years, Digital360 SpA's highest Days Inventory was 143.19. The lowest was 0.00. And the median was 0.00.

FRA:UJ8's Days Inventory is not ranked
in the Media - Diversified industry.
Industry Median: 26.37 vs FRA:UJ8: 143.19

Digital360 SpA's Days Inventory increased from Dec. 2021 (0.00) to Jun. 2023 (71.60). It might indicate that Digital360 SpA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Digital360 SpA's Inventory Turnover for the six months ended in Jun. 2023 was 2.55.

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. Digital360 SpA's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.18.

Digital360 SpA Days Inventory Historical Data

The historical data trend for Digital360 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.

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Digital360 SpA Days Inventory Chart

Digital360 SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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Digital360 SpA Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
Days Inventory	Get a 7-Day Free Trial									-	-	-	0.02	71.60

Competitive Comparison of Digital360 SpA's Days Inventory

For the Advertising Agencies subindustry, Digital360 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.

Digital360 SpA's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Digital360 SpA's Days Inventory distribution charts can be found below:

* The bar in red indicates where Digital360 SpA's Days Inventory falls into.

Digital360 SpA Days Inventory Calculation

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

Digital360 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	+	12.702)	/	1 )	/	0	*	365
=	12.702					/	0	*	365
=	N/A

Digital360 SpA's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.001	+	16.511)	/	2 )	/	21.045	*	365 / 2
=	8.256					/	21.045	*	365 / 2
=	71.60

Digital360 SpA (FRA:UJ8) 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.

Digital360 SpA's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	21.045	/	8.256
	=	2.55

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.

Digital360 SpA's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	8.256	/	45.677
	=	0.18

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.

Digital360 SpA Days Inventory Related Terms

Thank you for viewing the detailed overview of Digital360 SpA's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Digital360 SpA (FRA:UJ8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Digital360 SpA (FRA:UJ8) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Copernico 38, Milan, ITA, 20125

Website

http://www.digital360.it

Digital360 SpA is a multi-channel platform providing editorial content, Communications and Marketing Services, lead generation, Events and Webinars and Advisory, advocacy and coaching services to companies, public authorities and technology suppliers.

Digital360 SpA (FRA:UJ8) Headlines

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