GEL SpA (MIL:GEL) Change In Inventory: €-0.10 Mil (TTM As of Jun. 2024)

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MIL:GEL GEL SpA MIL:GEL
25 GF Score
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What is GEL SpA Change In Inventory?

GEL SpA MIL:GEL +6.47% 25 Change In Inventory is €-0.10 Mil as of Jun. 2024. GuruFocus rates MIL:GEL with a GF Score™ of 25/100.

GEL SpA's change in inventory for the quarter that ended in Jun. 2024 was €-1.00 Mil. It means GEL SpA's inventory increased by €1.00 Mil from Dec. 2023 to Jun. 2024 .

GEL SpA's change in inventory for the fiscal year that ended in Dec. 2023 was €0.98 Mil. It means GEL SpA's inventory declined by €0.98 Mil from Dec. 2022 to Dec. 2023 .

GEL SpA's Total Inventories for the quarter that ended in Jun. 2024 was €4.74 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GEL SpA's Days Inventory for the quarter that ended in Jun. 2024 was 241.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. GEL SpA's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.76.

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. GEL SpA's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.56.


GEL SpA  (MIL:GEL) Change In Inventory Explanation

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

GEL 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
=4.288/3.244*365 / 2
=241.23

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

GEL SpA's Inventory Turnover for the quarter that ended in Jun. 2024 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.

GEL SpA's Inventory to Revenue for the quarter that ended in Jun. 2024 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.


GEL SpA Change In Inventory Related Terms


GEL SpA Change In Inventory Historical Data

* Premium members only.

The historical data trend for GEL 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.

GEL SpA Change In Inventory Chart

GEL SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.65 -0.60 -1.24 0.98 -0.10

GEL SpA Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.75 0.06 0.92 -1.00 0.89
MIL:GEL
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GEL SpA MIL:GEL
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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GEL 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.10 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 €-0.10 Mil mean?
GEL SpA (MIL:GEL) has a Change In Inventory of €-0.10 Mil as of Jun. 2024. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for GEL SpA and its competitors.
Is GEL SpA's Change In Inventory too high?
GEL SpA's current Change In Inventory is €-0.10 Mil. Overall, GEL SpA has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does GEL SpA's Change In Inventory compare to VLTO and ZWS?
GEL SpA's Change In Inventory of €-0.10 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 GEL SpA and its competitors. GEL SpA's current Change In Inventory is €-0.10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GEL SpA stock overvalued right now?
GEL SpA (MIL:GEL) has a current Change In Inventory of €-0.10 Mil. The current Change In Inventory is €-0.10 Mil. GEL SpA's overall GF Score™ is 25/100. 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 GEL SpA (MIL:GEL), the current Change In Inventory is €-0.10 Mil as of Jun. 2024. 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.

GEL SpA Business Description

Address Via Enzo Ferrari 1, Castelfidardo, ITA, 60022
GEL SpA is an Italian company engaged in the business of designing and manufacturing products to treat water. The company offers filters, disinfectants, softeners, dosers, mud removers, conditioners, and other water treatment products to its clients. In addition, it provides water treatment services for the following divisions; Medical, Food, and Mobile Installations. Desalination services and leachate treatment services are also provided by the company.
25GF Score

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

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