Days Inventory is also known as Days Sales of Inventory (DSI). Prysmian SpA's Average Total Inventories for the
three
months ended in Dec. 2023 was $2,828 Mil. Prysmian SpA's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $2,348 Mil.
Hence, Prysmian SpA's Days Inventory for the
three
months ended in Dec. 2023 was 109.92.
The historical rank and industry rank for Prysmian SpA's Days Inventory or its related term are showing as below:
PRYMY'
s Days Inventory Range Over the Past 10 Years
Min: 76.91 Med: 96.17 Max: 118.85
Current: 103.17
During the past 13 years, Prysmian SpA's highest Days Inventory was 118.85. The lowest was 76.91. And the median was 96.17.
PRYMY's Days Inventory is ranked better than 58.86% of 2907
companies
in the Industrial Products industry
Industry Median: 119.85
vs PRYMY: 103.17
Prysmian SpA's Days Inventory
increased
from Dec. 2022 (101.02) to Dec. 2023 (109.92).
It might indicate that Prysmian SpA's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Prysmian SpA's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.83.
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.
Prysmian SpA's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.73.
Prysmian SpA Days Inventory Historical Data
The historical data trend for Prysmian 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 Prysmian SpA's Days Inventory
For the Electrical Equipment & Parts subindustry, Prysmian 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.
Prysmian SpA's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Prysmian SpA's Days Inventory distribution charts can be found below:
* The bar in red indicates where Prysmian SpA's Days Inventory falls into.
Prysmian SpA Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Prysmian 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.
Prysmian SpA (OTCPK:PRYMY) 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.
Prysmian 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.
Prysmian 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.
Prysmian SpA Days Inventory Related Terms
Thank you for viewing the detailed overview of Prysmian SpA's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Prysmian SpA is an Italian manufacturer of electric power transmission and telecommunications cables and systems. Its business is organized in three segments--Projects, which focuses on the execution of underground and submarine cable projects; Energy Products, which provides power distribution, and industrial and network components; and Telecom, which makes cable systems and connectivity products. More than half of the firm's revenue is generated in the Europe, Middle East, and Africa regions, with the rest coming from North America, Latin America, and Asia-Pacific regions.
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