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ASTM SpA (ASTM SpA) Days Inventory : 76.87 (As of Dec. 2021)


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What is ASTM SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ASTM SpA's Average Total Inventories for the six months ended in Dec. 2021 was $456 Mil. ASTM SpA's Cost of Goods Sold for the six months ended in Dec. 2021 was $1,082 Mil. Hence, ASTM SpA's Days Inventory for the six months ended in Dec. 2021 was 76.87.

The historical rank and industry rank for ASTM SpA's Days Inventory or its related term are showing as below:

ADARY' s Days Inventory Range Over the Past 10 Years
Min: 25.81   Med: 56.68   Max: 78.76
Current: 72.93

During the past 13 years, ASTM SpA's highest Days Inventory was 78.76. The lowest was 25.81. And the median was 56.68.

ADARY's Days Inventory is not ranked
in the Construction industry.
Industry Median: 49.255 vs ADARY: 72.93

ASTM SpA's Days Inventory increased from Dec. 2020 (64.40) to Dec. 2021 (76.87). It might indicate that ASTM SpA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. ASTM SpA's Inventory Turnover for the six months ended in Dec. 2021 was 2.37.

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. ASTM SpA's Inventory-to-Revenue for the six months ended in Dec. 2021 was 0.23.


ASTM SpA Days Inventory Historical Data

The historical data trend for ASTM SpA's Days 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.

* Premium members only.

ASTM SpA Days Inventory Chart

ASTM SpA Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.85 80.04 74.87 70.49 73.35

ASTM SpA Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
Days 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 80.12 82.94 64.40 73.66 76.87

Competitive Comparison of ASTM SpA's Days Inventory

For the Engineering & Construction subindustry, ASTM SpA's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ASTM SpA's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, ASTM SpA's Days Inventory distribution charts can be found below:

* The bar in red indicates where ASTM SpA's Days Inventory falls into.



ASTM SpA Days Inventory Calculation

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

ASTM SpA's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (379.668 + 448.803) / 2 ) / 2061.299*365
=414.2355 / 2061.299*365
=73.35

ASTM SpA's Days Inventory for the quarter that ended in Dec. 2021 is calculated as:

Days Inventory (Q: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2021 ) + Total Inventories (Q: Dec. 2021 )) / count ) / Cost of Goods Sold (Q: Dec. 2021 )*Days in Period
=( (462.959 + 448.803) / 2 ) / 1082.278*365 / 2
=455.881 / 1082.278*365 / 2
=76.87

* 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.


ASTM SpA  (OTCPK:ADARY) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

ASTM SpA's Inventory Turnover for the six months ended in Dec. 2021 is calculated as

2. 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.

ASTM SpA's Inventory to Revenue for the six months ended in Dec. 2021 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


ASTM SpA Days Inventory Related Terms

Thank you for viewing the detailed overview of ASTM SpA's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


ASTM SpA (ASTM SpA) Business Description

Traded in Other Exchanges
N/A
Address
Corso Regina Margherita, 165, Turin, ITA, 10144
ASTM SpA is an industrial holding company that manages licensed motorways, large infrastructure works, and construction projects. It designs, develops, and maintains roads, airports, and other infrastructure projects. The company works as a contractor and helps establish new project finance initiatives. ASTM is organized into two main segments. The Motorway Sector operations collects revenue from completed road works through tolls. These are generally multi-decade concessions with municipal governments. The vast majority of these are in Italy and Brazil. The Engineering, Procurement, and Construction (EPC) segment provides design and construction services to infrastructure and civil projects across the globe.

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