Piquadro SpA (MIL:PQ) Change In Inventory: €3.5 Mil (TTM As of Mar. 2026)

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MIL:PQ Piquadro SpA MIL:PQ
79 GF Score
Price €2.83
GF Value €2.22
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Piquadro SpA Change In Inventory?

Piquadro SpA MIL:PQ +0.35% 79 Change In Inventory is €3.5 Mil as of Mar. 2026. GuruFocus rates MIL:PQ with a GF Score™ of 79/100 and a GF Value™ of €2.22 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Piquadro SpA's change in inventory for the quarter that ended in Mar. 2026 was €2.4 Mil. It means Piquadro SpA's inventory declined by €2.4 Mil from Sep. 2025 to Mar. 2026 .

Piquadro SpA's change in inventory for the fiscal year that ended in Mar. 2026 was €3.5 Mil. It means Piquadro SpA's inventory declined by €3.5 Mil from Mar. 2025 to Mar. 2026 .

Piquadro SpA's Total Inventories for the quarter that ended in Mar. 2026 was €39.1 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Piquadro SpA's Days Inventory for the quarter that ended in Mar. 2026 was 363.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Piquadro SpA's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.50.

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. Piquadro SpA's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.44.


Piquadro SpA  (MIL:PQ) Change In Inventory Explanation

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

Piquadro 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
=40.407/20.287*365 / 2
=363.50

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

Piquadro SpA's Inventory Turnover for the quarter that ended in Mar. 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.

Piquadro SpA's Inventory to Revenue for the quarter that ended in Mar. 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.


Piquadro SpA Change In Inventory Related Terms


Piquadro SpA Change In Inventory Historical Data

* Premium members only.

The historical data trend for Piquadro 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.

Piquadro SpA Change In Inventory Chart

Piquadro SpA Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.60 1.49 -0.21 -5.68 3.52

Piquadro SpA Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.11 -5.83 0.15 1.15 2.37
MIL:PQ
79GF Score
Piquadro SpA MIL:PQ
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Piquadro 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was €3.5 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 €3.5 Mil mean?
Piquadro SpA (MIL:PQ) has a Change In Inventory of €3.5 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Piquadro SpA and its competitors.
Is Piquadro SpA's Change In Inventory too high?
Piquadro SpA's current Change In Inventory is €3.5 Mil. Overall, Piquadro SpA has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Piquadro SpA's Change In Inventory compare to NKE and DECK?
Piquadro SpA's Change In Inventory of €3.5 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Change In Inventory depends on the Manufacturing - Apparel & Accessories 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 Piquadro SpA and its competitors. Piquadro SpA's current Change In Inventory is €3.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piquadro SpA stock overvalued right now?
Based on GuruFocus' analysis, Piquadro SpA (MIL:PQ) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.22, compared to a current price of €2.83 — trading 27.5% above its estimated fair value. The current Change In Inventory is €3.5 Mil. Piquadro SpA's overall GF Score™ is 79/100 with 5 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 Piquadro SpA (MIL:PQ), the current Change In Inventory is €3.5 Mil as of Mar. 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 Piquadro SpA (MIL:PQ) Overvalued in 2026?

Based on GuruFocus' analysis, Piquadro SpA stock appears to be overvalued. The current stock price of €2.83 is trading 27.5% above its estimated GF Value™ of €2.22. GuruFocus considers Piquadro SpA to be Modestly Overvalued.

Key valuation signals for MIL:PQ:

  • Change In Inventory: €3.5 Mil
  • GF Value™: €2.22 vs. price of €2.83 (27.5% above fair value)
  • GF Score™: 79/100 with 5 warning signs

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


Piquadro SpA Business Description

Other Exchanges 0HPP:UK4LZ:Germany
Address Localita Sassuriano, 246, Silla di Gaggio Montano, Bologna, ITA, 40041
Piquadro SpA operates in the leather goods market. It is engaged in the design, manufacturing, and marketing of leather goods. The company's product portfolio includes bags and briefcases, women's purses, small leather articles such as wallets, billfolds, key holders, etc., sneakers, jackets, and others. The products are marketed through Piquadro, The Bridge, and Lancel brands which are also the company's reportable segments. Maximum revenue is generated from the Piquadro segment. Geographically, the company derives maximum revenue from Europe (excluding Italy) followed by Italy, and other regions.
79GF Score

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

€2.83
Price
€2.22
GF Value