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Planetel SpA (MIL:PLN) Days Inventory : 16.94 (As of Dec. 2023)


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What is Planetel SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Planetel SpA's Average Total Inventories for the six months ended in Dec. 2023 was €0.82 Mil. Planetel SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €8.79 Mil. Hence, Planetel SpA's Days Inventory for the six months ended in Dec. 2023 was 16.94.

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

MIL:PLN' s Days Inventory Range Over the Past 10 Years
Min: 11.11   Med: 18.01   Max: 27.74
Current: 17.31

During the past 6 years, Planetel SpA's highest Days Inventory was 27.74. The lowest was 11.11. And the median was 18.01.

MIL:PLN's Days Inventory is ranked better than
53.4% of 294 companies
in the Telecommunication Services industry
Industry Median: 19.075 vs MIL:PLN: 17.31

Planetel SpA's Days Inventory declined from Dec. 2022 (18.40) to Dec. 2023 (16.94).

Inventory Turnover measures how fast the company turns over its inventory within a year. Planetel SpA's Inventory Turnover for the six months ended in Dec. 2023 was 10.77.

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. Planetel SpA's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.05.


Planetel SpA Days Inventory Historical Data

The historical data trend for Planetel 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.

Planetel SpA Days Inventory Chart

Planetel SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 12.62 26.46 27.74 18.73 17.28

Planetel SpA Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.86 23.65 18.40 17.72 16.94

Competitive Comparison of Planetel SpA's Days Inventory

For the Telecom Services subindustry, Planetel 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.


Planetel SpA's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Planetel SpA's Days Inventory distribution charts can be found below:

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



Planetel SpA Days Inventory Calculation

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

Planetel 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
=( (0.843 + 0.804) / 2 ) / 17.397*365
=0.8235 / 17.397*365
=17.28

Planetel 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
=( (0.828 + 0.804) / 2 ) / 8.791*365 / 2
=0.816 / 8.791*365 / 2
=16.94

* 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.


Planetel SpA  (MIL:PLN) 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.

Planetel 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.

Planetel 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.


Planetel SpA Days Inventory Related Terms

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


Planetel SpA (MIL:PLN) Business Description

Traded in Other Exchanges
N/A
Address
Via Boffalora, 4, Treviolo, ITA, 24048
Planetel SpA provides telecommunication services. The company offers wireless internet services, voice and video calling services, cloud services, and other related services.

Planetel SpA (MIL:PLN) Headlines

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