Industrie De Nora SpA (MIL:DNR) Change In Inventory: €-61.7 Mil (TTM As of Jun. 2026)

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MIL:DNR Industrie De Nora SpA MIL:DNR
82 GF Score
Price €6.75
GF Value €7.96
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Industrie De Nora SpA Change In Inventory?

Industrie De Nora SpA MIL:DNR +0.07% 82 Change In Inventory is €-61.7 Mil as of Jun. 2026. GuruFocus rates MIL:DNR with a GF Score™ of 82/100 and a GF Value™ of €7.96 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Industrie De Nora SpA's change in inventory for the quarter that ended in Jun. 2026 was €-32.7 Mil. It means Industrie De Nora SpA's inventory increased by €32.7 Mil from Mar. 2026 to Jun. 2026 .

Industrie De Nora SpA's change in inventory for the fiscal year that ended in Dec. 2025 was €23.2 Mil. It means Industrie De Nora SpA's inventory declined by €23.2 Mil from Dec. 2024 to Dec. 2025 .

Industrie De Nora SpA's Total Inventories for the quarter that ended in Jun. 2026 was €313.1 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Industrie De Nora SpA's Days Inventory for the quarter that ended in Jun. 2026 was 165.52.

Inventory Turnover measures how fast the company turns over its inventory within a year. Industrie De Nora SpA's Inventory Turnover for the quarter that ended in Jun. 2026 was 0.55.

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. Industrie De Nora SpA's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 1.17.


Industrie De Nora SpA  (MIL:DNR) Change In Inventory Explanation

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

Industrie De Nora SpA's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=263.72/145.389*365 / 4
=165.52

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Industrie De Nora SpA's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

3. 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.

Industrie De Nora SpA's Inventory to Revenue for the quarter that ended in Jun. 2026 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.


Industrie De Nora SpA Change In Inventory Related Terms


Industrie De Nora SpA Change In Inventory Historical Data

* Premium members only.

The historical data trend for Industrie De Nora SpA's Change In 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.

Industrie De Nora SpA Change In Inventory Chart

Industrie De Nora SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Inventory
Get a 7-Day Free Trial -105.24 -60.41 28.77 5.28 23.23

Industrie De Nora SpA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Change In 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.31 11.44 19.97 -60.46 -32.66
MIL:DNR
82GF Score
Industrie De Nora SpA MIL:DNR
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Industrie De Nora SpA Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-61.7 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of €-61.7 Mil mean?
Industrie De Nora SpA (MIL:DNR) has a Change In Inventory of €-61.7 Mil as of Jun. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Industrie De Nora SpA and its competitors.
Is Industrie De Nora SpA's Change In Inventory too high?
Industrie De Nora SpA's current Change In Inventory is €-61.7 Mil. Overall, Industrie De Nora SpA has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Industrie De Nora SpA's Change In Inventory compare to VRT and BE?
Industrie De Nora SpA's Change In Inventory of €-61.7 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for an Industrial Products company?
A good Change In Inventory depends on the Industrial Products industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Industrie De Nora SpA and its competitors. Industrie De Nora SpA's current Change In Inventory is €-61.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrie De Nora SpA stock overvalued right now?
Based on GuruFocus' analysis, Industrie De Nora SpA (MIL:DNR) is currently considered Modestly Undervalued. The stock's GF Value™ is €7.96, compared to a current price of €6.75 — trading 15.2% below its estimated fair value. The current Change In Inventory is €-61.7 Mil. Industrie De Nora SpA's overall GF Score™ is 82/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Industrie De Nora SpA (MIL:DNR), the current Change In Inventory is €-61.7 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Industrie De Nora SpA (MIL:DNR) Overvalued in 2026?

Based on GuruFocus' analysis, Industrie De Nora SpA stock appears to be undervalued. The current stock price of €6.75 is trading 15.2% below its estimated GF Value™ of €7.96. GuruFocus considers Industrie De Nora SpA to be Modestly Undervalued.

Key valuation signals for MIL:DNR:

  • Change In Inventory: €-61.7 Mil
  • GF Value™: €7.96 vs. price of €6.75 (15.2% below fair value)
  • GF Score™: 82/100 with 7 warning signs

No single metric tells the full story. See the MIL:DNR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Industrie De Nora SpA Business Description

Other Exchanges 0ABI:UKM3D:Germany
Address Via Leonardo Bistolfi, 35, Milan, ITA, 20134
Industrie De Nora SpA manufactures and distributes chemicals. The company is organized into three segments: the Electrode Technologies business, Energy Transition and the Water Technologies business. Electrode Technologies segment earns the majority of companies revenues. The company's products include Analyzers & Detectors, Anodes for Chlorine Evolution, Anodes for oxygen evolution, Cathodes for Hydrogen Evolution, Disinfection systems, Electrochlorination systems, Filtration Solutions, Membrane Technologies, Contaminant removal systems.
82GF Score

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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€6.75
Price
€7.96
GF Value