Days Inventory is also known as Days Sales of Inventory (DSI). Gas Plus SpA's Average Total Inventories for the
six
months ended in Dec. 2023 was €4.2 Mil. Gas Plus SpA's Cost of Goods Sold for the
six
months ended in Dec. 2023 was €48.7 Mil.
Hence, Gas Plus SpA's Days Inventory for the
six
months ended in Dec. 2023 was 15.89.
The historical rank and industry rank for Gas Plus SpA's Days Inventory or its related term are showing as below:
MIL:GSP'
s Days Inventory Range Over the Past 10 Years
Min: 8.44 Med: 17.55 Max: 86.32
Current: 14.07
During the past 13 years, Gas Plus SpA's highest Days Inventory was 86.32. The lowest was 8.44. And the median was 17.55.
MIL:GSP's Days Inventory is ranked better than 72.13% of 732
companies
in the Oil & Gas industry
Industry Median: 31.94
vs MIL:GSP: 14.07
Gas Plus SpA's Days Inventory
increased
from Dec. 2022 (9.22) to Dec. 2023 (15.89).
It might indicate that Gas Plus SpA's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Gas Plus SpA's Inventory Turnover for the
six
months ended in Dec. 2023 was 11.48.
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.
Gas Plus SpA's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.06.
Gas Plus SpA Days Inventory Historical Data
The historical data trend for Gas Plus 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 Gas Plus SpA's Days Inventory
For the Oil & Gas E&P subindustry, Gas Plus 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.
Gas Plus SpA's Days Inventory Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Gas Plus SpA's Days Inventory distribution charts can be found below:
* The bar in red indicates where Gas Plus SpA's Days Inventory falls into.
Gas Plus SpA Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Gas Plus SpA's Days Inventory for the fiscal year that ended in Dec. 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.
Gas Plus SpA (MIL:GSP) 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.
Gas Plus SpA's Inventory Turnover for the
six
months ended in Dec. 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.
Gas Plus SpA's Inventory to Revenue for the
six
months ended in Dec. 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.
Gas Plus SpA Days Inventory Related Terms
Thank you for viewing the detailed overview of Gas Plus SpA's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Gas Plus SpA through its subsidiaries is engaged in the exploration and production of natural gas in Italy. The company is also involved in the production, purchase, distribution, and sale of natural gas. The company holds approximately 47 cultivation concessions distributed throughout Italy and manages a total of about 1,600 kilometers of regional distribution and transportation network located around 39 municipalities.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MIL:GSP has been successfully added to your 