Industrie Chimiche Forestali SpA (MIL:ICF) Change In Inventory: €1.19 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:ICF Industrie Chimiche Forestali SpA MIL:ICF
67 GF Score
Price €5.95
GF Value €5.17
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Industrie Chimiche Forestali SpA Change In Inventory?

Industrie Chimiche Forestali SpA MIL:ICF -2.46% 67 Change In Inventory is €1.19 Mil as of Dec. 2025. GuruFocus rates MIL:ICF with a GF Score™ of 67/100 and a GF Value™ of €5.17 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Industrie Chimiche Forestali SpA's change in inventory for the quarter that ended in Dec. 2025 was €1.88 Mil. It means Industrie Chimiche Forestali SpA's inventory declined by €1.88 Mil from Jun. 2025 to Dec. 2025 .

Industrie Chimiche Forestali SpA's change in inventory for the fiscal year that ended in Dec. 2025 was €1.19 Mil. It means Industrie Chimiche Forestali SpA's inventory declined by €1.19 Mil from Dec. 2024 to Dec. 2025 .

Industrie Chimiche Forestali SpA's Total Inventories for the quarter that ended in Dec. 2025 was €12.91 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Industrie Chimiche Forestali SpA's Days Inventory for the quarter that ended in Dec. 2025 was 119.75.

Inventory Turnover measures how fast the company turns over its inventory within a year. Industrie Chimiche Forestali SpA's Inventory Turnover for the quarter that ended in Dec. 2025 was 1.52.

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 Chimiche Forestali SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.39.

Industrie Chimiche Forestali SpA  (MIL:ICF) Change In Inventory Explanation

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

Industrie Chimiche Forestali 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
=13.8685/21.135*365 / 2
=119.75

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

Industrie Chimiche Forestali SpA's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=21.135 / 13.8685
=1.52

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 Chimiche Forestali SpA's Inventory to Revenue for the quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=13.8685 / 35.81
=0.39

* 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 Chimiche Forestali SpA Change In Inventory Related Terms

Industrie Chimiche Forestali SpA Change In Inventory Historical Data

* Premium members only.

The historical data trend for Industrie Chimiche Forestali 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 Chimiche Forestali SpA Change In Inventory Chart

Industrie Chimiche Forestali SpA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only -2.25 -1.40 0.64 1.02 1.19

Industrie Chimiche Forestali SpA Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.82 -0.74 1.76 -0.68 1.88
MIL:ICF
67GF Score
Industrie Chimiche Forestali SpA MIL:ICF
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Industrie Chimiche Forestali 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €1.19 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 €1.19 Mil mean?
Industrie Chimiche Forestali SpA (MIL:ICF) has a Change In Inventory of €1.19 Mil as of Dec. 2025. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Industrie Chimiche Forestali SpA and its competitors.
Is Industrie Chimiche Forestali SpA's Change In Inventory too high?
Industrie Chimiche Forestali SpA's current Change In Inventory is €1.19 Mil. Overall, Industrie Chimiche Forestali SpA has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Industrie Chimiche Forestali SpA's Change In Inventory compare to LIN and SHW?
Industrie Chimiche Forestali SpA's Change In Inventory of €1.19 Mil can be compared against companies in the Chemicals 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 a Chemicals company?
A good Change In Inventory depends on the Chemicals 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 Chimiche Forestali SpA and its competitors. Industrie Chimiche Forestali SpA's current Change In Inventory is €1.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrie Chimiche Forestali SpA stock overvalued right now?
Based on GuruFocus' analysis, Industrie Chimiche Forestali SpA (MIL:ICF) is currently considered Modestly Overvalued. The stock's GF Value™ is €5.17, compared to a current price of €5.95 — trading 15.1% above its estimated fair value. The current Change In Inventory is €1.19 Mil. Industrie Chimiche Forestali SpA's overall GF Score™ is 67/100 with 3 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 Chimiche Forestali SpA (MIL:ICF), the current Change In Inventory is €1.19 Mil as of Dec. 2025. 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 Chimiche Forestali SpA (MIL:ICF) Overvalued in 2026?

Based on GuruFocus' analysis, Industrie Chimiche Forestali SpA stock appears to be overvalued. The current stock price of €5.95 is trading 15.1% above its estimated GF Value™ of €5.17. GuruFocus considers Industrie Chimiche Forestali SpA to be Modestly Overvalued.

Key valuation signals for MIL:ICF:

  • Change In Inventory: €1.19 Mil
  • GF Value™: €5.17 vs. price of €5.95 (15.1% above fair value)
  • GF Score™: 67/100 with 3 warning signs

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

Industrie Chimiche Forestali SpA Business Description

Other Exchanges IG0:Germany
Address Via Fratelli Kennedy, 75, Marcallo con Casone, Milano, ITA, 20010
Industrie Chimiche Forestali SpA is engaged in the design, production and marketing of high-tech adhesives and fabrics mainly for the following markets: footwear & leather goods, automotive and packaging.
67GF Score

Get the complete analysis for MIL:ICF

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

€5.95
Price
€5.17
GF Value