Neosperience SpA (MIL:NSP) Days Inventory : 3.72 (As of Jun. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Neosperience SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Neosperience SpA's Average Total Inventories for the six months ended in Jun. 2023 was €0.13 Mil. Neosperience SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was €6.23 Mil. Hence, Neosperience SpA's Days Inventory for the six months ended in Jun. 2023 was 3.72.

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

MIL:NSP' s Days Inventory Range Over the Past 10 Years
Min: 3.47 Med: 8.8 Max: 25.15
Current: 7.26

During the past 7 years, Neosperience SpA's highest Days Inventory was 25.15. The lowest was 3.47. And the median was 8.80.

MIL:NSP's Days Inventory is ranked better than
66.33% of 1565 companies
in the Software industry
Industry Median: 19.64 vs MIL:NSP: 7.26

Neosperience SpA's Days Inventory declined from Jun. 2022 (8.77) to Jun. 2023 (3.72).

Inventory Turnover measures how fast the company turns over its inventory within a year. Neosperience SpA's Inventory Turnover for the six months ended in Jun. 2023 was 49.06.

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. Neosperience SpA's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.01.

Neosperience SpA Days Inventory Historical Data

The historical data trend for Neosperience 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.

Neosperience SpA Days Inventory Chart

Neosperience SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

Get a 7-Day Free Trial

25.15

13.04

8.80

6.47

5.99

Neosperience SpA Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial									8.71	10.37	8.77	7.31	3.72

Competitive Comparison of Neosperience SpA's Days Inventory

For the Software - Application subindustry, Neosperience 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.

Neosperience SpA's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Neosperience SpA's Days Inventory distribution charts can be found below:

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

Neosperience SpA Days Inventory Calculation

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

Neosperience 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
=	( (0.257	+	0.127)	/	2 )	/	11.705	*	365
=	0.192					/	11.705	*	365
=	5.99

Neosperience 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: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.127	+	0)	/	1 )	/	6.231	*	365 / 2
=	0.127					/	6.231	*	365 / 2
=	3.72

Neosperience SpA (MIL:NSP) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6.231	/	0.127
	=	49.06

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.127	/	12.204
	=	0.01

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.

Neosperience SpA Days Inventory Related Terms

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

Neosperience SpA (MIL:NSP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Neosperience SpA (MIL:NSP) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

Y8E:Germany

Address

Via Gaspare Gozzi 1/A, Milan, ITA, 20129

Website

http://www.neosperience.com

Neosperience SpA is an Italy based company involved in providing Digital Customer Experience through its cloud. Its cloud empowers the organisations to understand, engage and delight digital customers by delivering customer-facing, business and conversational app.