Poste Italiane SpA (MIL:PST) Inventory Turnover : 7.35 (As of Sep. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Poste Italiane SpA Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Poste Italiane SpA's Cost of Goods Sold for the three months ended in Sep. 2023 was €1,234 Mil. Poste Italiane SpA's Average Total Inventories for the quarter that ended in Sep. 2023 was €168 Mil. Poste Italiane SpA's Inventory Turnover for the quarter that ended in Sep. 2023 was 7.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Poste Italiane SpA's Days Inventory for the three months ended in Sep. 2023 was 12.42.

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. Poste Italiane SpA's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.05.

Poste Italiane SpA Inventory Turnover Historical Data

The historical data trend for Poste Italiane SpA's Inventory Turnover 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.

Poste Italiane SpA Inventory Turnover Chart

Poste Italiane SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

174.33

144.12

145.81

146.85

68.04

Poste Italiane SpA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															129.54	16.50	15.12	7.35	45.52

Poste Italiane SpA Inventory Turnover Calculation

Poste Italiane SpA's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	22908	/ (	(155	+	157)	/	2 )
=	22908	/	156
=	146.85

Poste Italiane SpA's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	1234	/ (	(168	+	168)	/	2 )
=	1234	/	168
=	7.35

Poste Italiane SpA (MIL:PST) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Poste Italiane SpA's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	168	/	1234	*	365 / 4
	=	12.42

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.

Poste Italiane SpA's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	168	/	3289
	=	0.05

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Poste Italiane SpA Inventory Turnover Related Terms

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

Poste Italiane SpA (MIL:PST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Poste Italiane SpA (MIL:PST) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

PITAF:USA PSTm:UK 0RC2:UK 7PI:Germany PST:Austria

Address

Viale Europa, 190, Rome, ITA, 00144

Website

https://www.posteitaliane.it

Poste Italiane SpA is an Italian diversified financial-services company. The company's reportable segments are Mail, parcels, and distribution; Payments and mobile; Financial services; and Insurance services. The Mail, parcels, and distribution segment includes letter post, express delivery, logistics, parcels, and philately. This segment generates the most revenue for Poste Italiane SpA. Geographically, the company has a presence in Italy, but also elsewhere in Europe, the Americas, and Asia.