Esi SpA (MIL:ESIGM) Days Inventory : 222.21 (As of Dec. 2023)

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What is Esi SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Esi SpA's Average Total Inventories for the six months ended in Dec. 2023 was €22.86 Mil. Esi SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €18.77 Mil. Hence, Esi SpA's Days Inventory for the six months ended in Dec. 2023 was 222.21.

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

MIL:ESIGM' s Days Inventory Range Over the Past 10 Years
Min: 24.56 Med: 287.05 Max: 991.55
Current: 307.66

During the past 5 years, Esi SpA's highest Days Inventory was 991.55. The lowest was 24.56. And the median was 287.05.

MIL:ESIGM's Days Inventory is ranked worse than
93.38% of 1782 companies
in the Consumer Packaged Goods industry
Industry Median: 82.815 vs MIL:ESIGM: 307.66

Esi SpA's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2023 (222.21). It might indicate that Esi SpA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Esi SpA's Inventory Turnover for the six months ended in Dec. 2023 was 0.82.

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. Esi SpA's Inventory-to-Revenue for the six months ended in Dec. 2023 was 1.14.

Esi SpA Days Inventory Historical Data

The historical data trend for Esi 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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Esi SpA Days Inventory Chart

Esi SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

24.56

991.55

287.05

Esi SpA Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial				1,861.96	2,584.09	-	468.20	222.21

Competitive Comparison of Esi SpA's Days Inventory

For the Packaged Foods subindustry, Esi 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.

Esi SpA's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Esi SpA's Days Inventory distribution charts can be found below:

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

Esi SpA Days Inventory Calculation

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

Esi SpA'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
=	( (32.012	+	16.334)	/	2 )	/	30.737	*	365
=	24.173					/	30.737	*	365
=	287.05

Esi SpA'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
=	( (29.38	+	16.334)	/	2 )	/	18.772	*	365 / 2
=	22.857					/	18.772	*	365 / 2
=	222.21

Esi SpA (MIL:ESIGM) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	18.772	/	22.857
	=	0.82

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	22.857	/	20.042
	=	1.14

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.

Esi SpA Days Inventory Related Terms

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

Esi SpA (MIL:ESIGM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Esi SpA (MIL:ESIGM) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via delle Industrie 1, Albisola Superiore, Albissola Marina, ITA, 17012

Website

https://www.esi-spa.com

Esi SpA is a wellness and food supplement company. The company provides products for hair wellness, eye wellness, liver health, skincare, sleep disorders, weight control, oral hygiene, menopause; vitamins and minerals; and antioxidants.

Esi SpA (MIL:ESIGM) Headlines

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