Days Inventory is also known as Days Sales of Inventory (DSI). Hera SpA's Average Total Inventories for the
three
months ended in Dec. 2023 was $960 Mil. Hera SpA's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $3,887 Mil.
Hence, Hera SpA's Days Inventory for the
three
months ended in Dec. 2023 was 22.54.
The historical rank and industry rank for Hera SpA's Days Inventory or its related term are showing as below:
HRASF'
s Days Inventory Range Over the Past 10 Years
Min: 9.12 Med: 11.02 Max: 26.08
Current: 26.08
During the past 13 years, Hera SpA's highest Days Inventory was 26.08. The lowest was 9.12. And the median was 11.02.
HRASF's Days Inventory is ranked worse than 55.08% of 463
companies
in the Utilities - Regulated industry
Industry Median: 22.67
vs HRASF: 26.08
Hera SpA's Days Inventory
increased
from Dec. 2022 (18.44) to Dec. 2023 (22.54).
It might indicate that Hera SpA's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Hera SpA's Inventory Turnover for the
three
months ended in Dec. 2023 was 4.05.
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.
Hera SpA's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.22.
Hera SpA Days Inventory Historical Data
The historical data trend for Hera 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.
Competitive Comparison of Hera SpA's Days Inventory
For the Utilities - Diversified subindustry, Hera 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.
Hera SpA's Days Inventory Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Hera SpA's Days Inventory distribution charts can be found below:
* The bar in red indicates where Hera SpA's Days Inventory falls into.
Hera SpA Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Hera SpA's Days Inventory for the fiscal year that 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.
Hera SpA (OTCPK:HRASF) 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.
Hera SpA's Inventory Turnover for the
three
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.
Hera SpA's Inventory to Revenue for the
three
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.
Hera SpA Days Inventory Related Terms
Thank you for viewing the detailed overview of Hera SpA's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Hera SpA is Italian energy and utilities holding company. As a holding company, Hera is a combination of public-service companies built into a single multi-utility entity. The company operates in environmental services (waste collection and treatment); energy services (distribution and sale of electricity and gas); and water services (waterworks, sewerage, and purification). Primarily, Hera operates in the provinces of Bologna, Rimini, Ravenna-Lugo, Forli-Cesena, and Imola-Faenza in northern Italy.
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