Days Inventory is also known as Days Sales of Inventory (DSI). Recordati SpA's Average Total Inventories for the
three
months ended in Sep. 2024 was €408 Mil. Recordati SpA's Cost of Goods Sold for the
three
months ended in Sep. 2024 was €172 Mil.
Hence, Recordati SpA's Days Inventory for the
three
months ended in Sep. 2024 was 216.10.
The historical rank and industry rank for Recordati SpA's Days Inventory or its related term are showing as below:
CHIX:RECm'
s Days Inventory Range Over the Past 10 Years
Min: 152.64 Med: 179.29 Max: 229.31
Current: 203.34
During the past 13 years, Recordati SpA's highest Days Inventory was 229.31. The lowest was 152.64. And the median was 179.29.
CHIX:RECm's Days Inventory is ranked worse than 67.37% of 944
companies
in the Drug Manufacturers industry
Industry Median: 156.935
vs CHIX:RECm: 203.34
Recordati SpA's Days Inventory
increased
from Sep. 2023 (211.43) to Sep. 2024 (216.10).
It might indicate that Recordati SpA's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Recordati SpA's Inventory Turnover for the
three
months ended in Sep. 2024 was 0.42.
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.
Recordati SpA's Inventory-to-Revenue for the
three
months ended in Sep. 2024 was 0.73.
Recordati SpA Days Inventory Historical Data
The historical data trend for Recordati 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.
Competitive Comparison of Recordati SpA's Days Inventory
For the Drug Manufacturers - General subindustry, Recordati 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.
Recordati SpA's Days Inventory Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Recordati SpA's Days Inventory distribution charts can be found below:
* The bar in red indicates where Recordati SpA's Days Inventory falls into.
Recordati SpA Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Recordati SpA's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Recordati SpA (CHIX:RECm) 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.
Recordati SpA's Inventory Turnover for the
three
months ended in Sep. 2024 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.
Recordati SpA's Inventory to Revenue for the
three
months ended in Sep. 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.
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.
Recordati SpA Days Inventory Related Terms
Thank you for viewing the detailed overview of Recordati SpA's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Recordati SpA is a drug manufacturing company that focuses on specialty pharmaceuticals. The company produces and promotes medicines globally that focus on primary-care therapies and rare diseases. Recordati uses strategic partnerships as part of its long-term growth. The vast majority of the company's revenue is generated in Italy, followed by the United States, France, and Germany. Recordati reports two operating segments: Specialty and Primary care and Rare diseases. The bulk of the company's profit is derived from its specialty and primary care segment which includes the production of active ingredients.
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