Culti Milano SpA (MIL:CULT) Days Inventory : 143.77 (As of Jun. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Culti Milano SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Culti Milano SpA's Average Total Inventories for the six months ended in Jun. 2023 was €5.94 Mil. Culti Milano SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was €7.54 Mil. Hence, Culti Milano SpA's Days Inventory for the six months ended in Jun. 2023 was 143.77.

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

MIL:CULT' s Days Inventory Range Over the Past 10 Years
Min: 51.32 Med: 126.05 Max: 287.54
Current: 287.54

During the past 6 years, Culti Milano SpA's highest Days Inventory was 287.54. The lowest was 51.32. And the median was 126.05.

MIL:CULT's Days Inventory is ranked worse than
87.2% of 1070 companies
in the Retail - Cyclical industry
Industry Median: 110.87 vs MIL:CULT: 287.54

Culti Milano SpA's Days Inventory increased from Dec. 2021 (87.71) to Jun. 2023 (143.77). It might indicate that Culti Milano SpA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Culti Milano SpA's Inventory Turnover for the six months ended in Jun. 2023 was 1.27.

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. Culti Milano SpA's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.53.

Culti Milano SpA Days Inventory Historical Data

The historical data trend for Culti Milano 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.

Culti Milano SpA Days Inventory Chart

Culti Milano SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Inventory

Get a 7-Day Free Trial

133.90

134.53

118.20

74.69

51.32

Culti Milano SpA Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
Days Inventory	Get a 7-Day Free Trial								96.60	101.54	87.71	108.82	143.77

Competitive Comparison of Culti Milano SpA's Days Inventory

For the Luxury Goods subindustry, Culti Milano 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.

Culti Milano SpA's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Culti Milano SpA's Days Inventory distribution charts can be found below:

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

Culti Milano SpA Days Inventory Calculation

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

Culti Milano SpA's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

	Days Inventory (A: Dec. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (1.504	+	1.938)	/	2 )	/	12.241	*	365
=	1.721					/	12.241	*	365
=	51.32

Culti Milano 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
=	( (5.911	+	5.975)	/	2 )	/	7.544	*	365 / 2
=	5.943					/	7.544	*	365 / 2
=	143.77

Culti Milano SpA (MIL:CULT) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7.544	/	5.943
	=	1.27

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5.943	/	11.142
	=	0.53

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.

Culti Milano SpA Days Inventory Related Terms

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

Culti Milano SpA (MIL:CULT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Culti Milano SpA (MIL:CULT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Santa Sofia 27, Milan, ITA, 20122

Website

http://www.culti.com

Culti Milano SpA develops fragrances, cosmetics and home accessories designed for every area of the house. It offers diffusers, refills, home sprays, candles, complements such as car sachets, home sachets, and leather pochettes.

Culti Milano SpA (MIL:CULT) Headlines

No Headlines