Euro Group Laminations SpA (MIL:EGLA) Days Inventory : 0.00 (As of Jun. 2023)

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What is Euro Group Laminations SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Euro Group Laminations SpA's Average Total Inventories for the three months ended in Jun. 2023 was €357.3 Mil. Euro Group Laminations SpA's Cost of Goods Sold for the three months ended in Jun. 2023 was €0.0 Mil.

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

MIL:EGLA' s Days Inventory Range Over the Past 10 Years
Min: 188.04 Med: 198.63 Max: 482.04
Current: 482.04

During the past 4 years, Euro Group Laminations SpA's highest Days Inventory was 482.04. The lowest was 188.04. And the median was 198.63.

MIL:EGLA's Days Inventory is ranked worse than
96.69% of 2904 companies
in the Industrial Products industry
Industry Median: 121.03 vs MIL:EGLA: 482.04

Euro Group Laminations SpA's Days Inventory declined from Dec. 2021 (192.70) to Jun. 2023 (0.00).

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. Euro Group Laminations 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.

Euro Group Laminations SpA Days Inventory Historical Data

The historical data trend for Euro Group Laminations 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.

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Euro Group Laminations SpA Days Inventory Chart

Euro Group Laminations SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Inventory

223.50

208.55

188.70

188.04

Euro Group Laminations SpA Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial			192.70	-	217.58	260.64	-

Competitive Comparison of Euro Group Laminations SpA's Days Inventory

For the Specialty Industrial Machinery subindustry, Euro Group Laminations 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.

Euro Group Laminations SpA's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Euro Group Laminations SpA's Days Inventory distribution charts can be found below:

* The bar in red indicates where Euro Group Laminations SpA's Days Inventory falls into.

Euro Group Laminations SpA Days Inventory Calculation

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

Euro Group Laminations 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
=	( (219.948	+	335.733)	/	2 )	/	539.312	*	365
=	277.8405					/	539.312	*	365
=	188.04

Euro Group Laminations 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
=	( (335.733	+	378.821)	/	2 )	/	0	*	365 / 4
=	357.277					/	0	*	365 / 4
=	N/A

Euro Group Laminations SpA (MIL:EGLA) 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.

Euro Group Laminations SpA's Inventory Turnover for the three months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	357.277
	=	0.00

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.

Euro Group Laminations SpA's Inventory to Revenue for the three months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	357.277	/	0
	=

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.

Euro Group Laminations SpA Days Inventory Related Terms

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Euro Group Laminations SpA (MIL:EGLA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Euro Group Laminations SpA (MIL:EGLA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

QK9:Germany QK9:Germany

Address

Via Stella Rosa, 48, Baranzate, Milan, ITA, 20021

Website

https://www.euro-group.it

Euro Group Laminations SpA develops and produces stators and rotors. The group is organized into two operating segments which are EV and Automotive which operate mainly in the electric automotive sector and in general in all applications related to the automotive sector. The Industrial segment produces components mainly for the home, logistics, energy, Pumps, HVAC, tools, and diversified industries. The company earns the majority of its revenue from the Industrial segment.