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Technical Publications Service SpA (MIL:TPS) Days Inventory : 6.43 (As of Jun. 2023)


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What is Technical Publications Service SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Technical Publications Service SpA's Average Total Inventories for the six months ended in Jun. 2023 was €0.56 Mil. Technical Publications Service SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was €15.90 Mil. Hence, Technical Publications Service SpA's Days Inventory for the six months ended in Jun. 2023 was 6.43.

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

MIL:TPS' s Days Inventory Range Over the Past 10 Years
Min: 2.96   Med: 3.32   Max: 5.07
Current: 5.07

During the past 8 years, Technical Publications Service SpA's highest Days Inventory was 5.07. The lowest was 2.96. And the median was 3.32.

MIL:TPS's Days Inventory is ranked better than
69.74% of 780 companies
in the Transportation industry
Industry Median: 11.505 vs MIL:TPS: 5.07

Technical Publications Service SpA's Days Inventory increased from Jun. 2022 (3.83) to Jun. 2023 (6.43). It might indicate that Technical Publications Service SpA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Technical Publications Service SpA's Inventory Turnover for the six months ended in Jun. 2023 was 28.39.

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. Technical Publications Service SpA's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.03.


Technical Publications Service SpA Days Inventory Historical Data

The historical data trend for Technical Publications Service 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.

Technical Publications Service SpA Days Inventory Chart

Technical Publications Service SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial - - - 2.96 3.68

Technical Publications Service SpA Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 2.40 3.83 3.37 6.43

Competitive Comparison of Technical Publications Service SpA's Days Inventory

For the Airports & Air Services subindustry, Technical Publications Service 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.


Technical Publications Service SpA's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Technical Publications Service SpA's Days Inventory distribution charts can be found below:

* The bar in red indicates where Technical Publications Service SpA's Days Inventory falls into.



Technical Publications Service SpA Days Inventory Calculation

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

Technical Publications Service 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
=( (0.257 + 0.371) / 2 ) / 31.131*365
=0.314 / 31.131*365
=3.68

Technical Publications Service 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
=( (0.371 + 0.749) / 2 ) / 15.897*365 / 2
=0.56 / 15.897*365 / 2
=6.43

* 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.


Technical Publications Service SpA  (MIL:TPS) 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.

Technical Publications Service SpA's Inventory Turnover for the six 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.

Technical Publications Service SpA's Inventory to Revenue for the six 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.


Technical Publications Service SpA Days Inventory Related Terms

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


Technical Publications Service SpA (MIL:TPS) Business Description

Traded in Other Exchanges
N/A
Address
Via Olanda 5, Gallarate, Lombardy, ITA, 21013
Technical Publications Service SpA provides services in the field of aeronautics with a particular focus on helicopter. The group is organised in four business units: Technical publishing and training, engineering and cost engineering, Information technology and avionic services, Digital Management.

Technical Publications Service SpA (MIL:TPS) Headlines

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