Saipem SpA (Saipem SpA) Change In Inventory

: $0 Mil (TTM As of Jun. 2023)

View and export this data going back to 2008. Start your Free Trial

Saipem SpA's change in inventory for the quarter that ended in Jun. 2023 was $0 Mil. It means Saipem SpA's inventory stayed the same from Dec. 2022 to Jun. 2023 .

Saipem SpA's change in inventory for the fiscal year that ended in Dec. 2022 was $-14 Mil. It means Saipem SpA's inventory increased by $14 Mil from Dec. 2021 to Dec. 2022 .

Saipem SpA's Total Inventories for the quarter that ended in Jun. 2023 was $248 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Saipem SpA's Inventory Turnover for the quarter that 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 Change In Inventory Historical Data

The historical data trend for Saipem SpA's Change In 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

Change In Inventory

23.89

2.22

18.25

33.90

-13.77

Saipem SpA Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Jun23	Sep23
Change In Inventory																-6.61	-13.74	-	-	-

Saipem SpA Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

Saipem SpA (OTCPK:SAPMY) Change In Inventory Explanation

1. 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 quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	235.8105	/	0	*	365 / 4
	=	N/A

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Saipem SpA's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	235.8105
	=	0.00

3. 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 quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	235.8105	/	0
	=	N/A

Saipem SpA Change In Inventory Related Terms

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

Saipem SpA (Saipem SpA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Saipem SpA (OTCPK:SAPMY) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

SAPMF:USA SPM:Italy 0RPI:UK SPEA:Germany SPEA:Germany

Address

Via Luigi Russolo, 5, Milano, ITA, 20138

Website

https://www.saipem.com

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.

Saipem SpA (Saipem SpA) Headlines

From GuruFocus

Saipem Rises on New Contracts

By Alberto Abaterusso Alberto Abaterusso • 08-21-2018

Cobas Portfolios 1st Quarter Commentary

By Holly LaFon Holly LaFon • 06-03-2019

Cobas Asset Management Comments on Saipem

By Holly LaFon Holly LaFon • 06-03-2019