Svas Biosana SpA (MIL:SVS) Days Inventory : 127.92 (As of Jun. 2023)

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What is Svas Biosana SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Svas Biosana SpA's Average Total Inventories for the six months ended in Jun. 2023 was €29.5 Mil. Svas Biosana SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was €42.0 Mil. Hence, Svas Biosana SpA's Days Inventory for the six months ended in Jun. 2023 was 127.92.

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

MIL:SVS' s Days Inventory Range Over the Past 10 Years
Min: 118.98 Med: 146.68 Max: 149.94
Current: 118.98

During the past 6 years, Svas Biosana SpA's highest Days Inventory was 149.94. The lowest was 118.98. And the median was 146.68.

MIL:SVS's Days Inventory is ranked better than
76.51% of 779 companies
in the Medical Devices & Instruments industry
Industry Median: 192.49 vs MIL:SVS: 118.98

Svas Biosana SpA's Days Inventory declined from Jun. 2022 (144.48) to Jun. 2023 (127.92).

Inventory Turnover measures how fast the company turns over its inventory within a year. Svas Biosana SpA's Inventory Turnover for the six months ended in Jun. 2023 was 1.43.

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. Svas Biosana SpA's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.54.

Svas Biosana SpA Days Inventory Historical Data

The historical data trend for Svas Biosana 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.

Svas Biosana SpA Days Inventory Chart

Svas Biosana SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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142.00

149.94

146.68

130.70

118.89

Svas Biosana SpA Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial					138.83	144.48	125.00	127.92	111.79

Competitive Comparison of Svas Biosana SpA's Days Inventory

For the Medical Devices subindustry, Svas Biosana 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.

Svas Biosana SpA's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Svas Biosana SpA's Days Inventory distribution charts can be found below:

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

Svas Biosana SpA Days Inventory Calculation

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

Svas Biosana 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
=	( (23.507	+	28.342)	/	2 )	/	72.398	*	365
=	25.9245					/	72.398	*	365
=	130.70

Svas Biosana 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
=	( (28.342	+	30.569)	/	2 )	/	42.025	*	365 / 2
=	29.4555					/	42.025	*	365 / 2
=	127.92

Svas Biosana SpA (MIL:SVS) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	42.025	/	29.4555
	=	1.43

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	29.4555	/	54.939
	=	0.54

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.

Svas Biosana SpA Days Inventory Related Terms

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

Svas Biosana SpA (MIL:SVS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Svas Biosana SpA (MIL:SVS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Trentola, 7, Somma Vesuviana, ITA

Website

https://www.svas.it

Svas Biosana SpA operates in the production and distribution of medical device.

Svas Biosana SpA (MIL:SVS) Headlines

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