OVS SpA (MIL:OVS) Change In Inventory : €0 Mil (TTM As of Jul. 2023)

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What is OVS SpA Change In Inventory?

OVS SpA's change in inventory for the quarter that ended in Jul. 2023 was €0 Mil. It means OVS SpA's inventory stayed the same from Jan. 2023 to Jul. 2023 .

OVS SpA's change in inventory for the fiscal year that ended in Jan. 2023 was €0 Mil. It means OVS SpA's inventory stayed the same from Jan. 2022 to Jan. 2023 .

OVS SpA's Total Inventories for the quarter that ended in Jul. 2023 was €484 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. OVS SpA's Days Inventory for the quarter that ended in Jul. 2023 was 280.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. OVS SpA's Inventory Turnover for the quarter that ended in Jul. 2023 was 0.65.

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. OVS SpA's Inventory-to-Revenue for the quarter that ended in Jul. 2023 was 0.62.

OVS SpA Change In Inventory Historical Data

The historical data trend for OVS 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.

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OVS SpA Change In Inventory Chart

OVS SpA Annual Data

Trend

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Change In Inventory

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OVS SpA Semi-Annual Data
	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

OVS 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 Jul. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0 Mil.

OVS SpA (MIL:OVS) Change In Inventory Explanation

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

OVS 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
	=	480.941	/	312.691	*	365 / 2
	=	280.70

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

OVS SpA's Inventory Turnover for the quarter that ended in Jul. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	312.691	/	480.941
	=	0.65

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.

OVS SpA's Inventory to Revenue for the quarter that ended in Jul. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	480.941	/	770.546
	=	0.62

OVS SpA Change In Inventory Related Terms

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OVS SpA (MIL:OVS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » OVS SpA (MIL:OVS) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

OVSm:UK 0R5R:UK 0OV1:Germany

Address

Via Terraglio 17, Venice - Mestre, ITA, 30174

Website

http://www.ovscorporate.it

OVS SpA is an Italian fashion retailer. The company develops and markets menswear, womenswear and children's wear. Its operating segment includes OVS, UPIM and Sempione Fashion. OVS segment offers stylish and high-quality clothing at competitive prices focusing on the latest trends and fashion. Its UPIM segment offers women's, men's and children's clothing products, homeware and fragrance, The company generates maximum revenue from the OVS segment. Geographically, it has a presence in Italy, Bangladesh, China, Hong Kong, India, Pakistan, Turkey, Spain, Croatia, and Serbia.