Days Inventory is also known as Days Sales of Inventory (DSI). Saipem SpA's Average Total Inventories for the
three
months ended in Jun. 2023 was $236 Mil. Saipem SpA's Cost of Goods Sold for the
three
months ended in Jun. 2023 was $0 Mil.
The historical rank and industry rank for Saipem SpA's Days Inventory or its related term are showing as below:
SAPMY'
s Days Inventory Range Over the Past 10 Years
Min: 10.34 Med: 42.16 Max: 104.35
Current: 31.48
During the past 13 years, Saipem SpA's highest Days Inventory was 104.35. The lowest was 10.34. And the median was 42.16.
SAPMY's Days Inventory is ranked better than 50.07% of 729
companies
in the Oil & Gas industry
Industry Median: 31.63
vs SAPMY: 31.48
Saipem SpA's Days Inventory
declined
from Dec. 2021 (10.20) to Jun. 2023 (0.00).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Saipem SpA's Inventory Turnover for the
three
months ended in Jun. 2023 was 0.00.
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.
Saipem SpA Days Inventory Historical Data
The historical data trend for Saipem 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.
Saipem SpA Annual Data
Trend
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Days Inventory
17.62
16.33
17.11
14.45
10.72
Saipem SpA Quarterly Data
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Dec22
Jun23
Sep23
Days Inventory
16.10
12.12
-
-
8.50
Competitive Comparison
For the Oil & Gas Equipment & Services subindustry, Saipem 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.
Saipem SpA Days Inventory Distribution
For the Oil & Gas industry and Energy sector, Saipem SpA's Days Inventory distribution charts can be found below:
* The bar in red indicates where Saipem SpA's Days Inventory falls into.
Saipem SpA Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Saipem SpA's Days Inventory for the fiscal year that ended in Dec. 2022 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.
Saipem SpA (OTCPK:SAPMY) 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.
Saipem SpA's Inventory Turnover for the
three
months ended in Jun. 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.
Saipem SpA's Inventory to Revenue for the
three
months ended in Jun. 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.
Saipem SpA Days Inventory Related Terms
Thank you for viewing the detailed overview of Saipem SpA's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Saipem is a conglomerate of oil and gas engineering and construction and drilling services. The company began as the services appendage of oil major Eni, although today Eni as a customer accounts for generally less than 10% of revenue. Saipem is distinguished for leading industry megaprojects like the Nord Stream pipeline carrying large volumes of natural gas from Russia to European markets.
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