Saipem SpACHIX:SPMM -4.22%56 Days Inventory is 10.14 as of Mar. 2026, which is 32% below its 10-year median of 15.02. GuruFocus rates CHIX:SPMM with a GF Score™ of 56/100 and a GF Value™ of €2.48 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 688 Oil & Gas companies, Saipem SpA ranks better than 80.38% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Saipem SpA's Average Total Inventories for the
three
months ended in Mar. 2026 was €312 Mil. Saipem SpA's Cost of Goods Sold for the
three
months ended in Mar. 2026 was €2,807 Mil.
Hence, Saipem SpA's Days Inventory for the
three
months ended in Mar. 2026 was 10.14.
The historical rank and industry rank for Saipem SpA's Days Inventory or its related term are showing as below:
CHIX:SPMm'
s Days Inventory Range Over the Past 10 Years
Min: 8.73 Med: 15.02 Max: 104.35
Current: 9.21
During the past 13 years, Saipem SpA's highest Days Inventory was 104.35. The lowest was 8.73. And the median was 15.02.
CHIX:SPMm's Days Inventory is ranked better than 80.38% of 688
companies
in the Oil & Gas industry
Industry Median: 31
vs CHIX:SPMm: 9.21
Saipem SpA's Days Inventory
increased
from Mar. 2025 (8.73) to Mar. 2026 (10.14).
It might indicate that Saipem SpA's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Saipem SpA's Inventory Turnover for the
three
months ended in Mar. 2026 was 9.00.
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.
Saipem SpA's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.09.
Saipem SpA (CHIX:SPMm) 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.
Saipem SpA's Inventory Turnover for the
three
months ended in Mar. 2026 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.
Saipem SpA's Inventory to Revenue for the
three
months 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.
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.
Saipem SpA Days Inventory Related Terms
Saipem SpA Days Inventory Historical Data
* Premium members only.
The historical data trend for Saipem 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.
CHIX:SPMM vs SLB, BKR, HAL: Days Inventory Comparison
For the Oil & Gas Equipment & Services subindustry, Saipem 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.
Saipem SpA Days Inventory vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Saipem SpA's Days Inventory distribution charts can be found below:
* The bar in red indicates where Saipem SpA's Days Inventory falls into.
* 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.
Saipem SpA (CHIX:SPMM) has a Days Inventory of 10.14 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Saipem SpA and its competitors. This is 32% below median its historical median of 15.02. Over the past decade, Saipem SpA's Days Inventory has ranged from 8.73 to 104.35. According to the industry distribution chart, Saipem SpA ranks #135 out of 688 companies in the Oil & Gas industry, placing it in the top 19.6%.
Is Saipem SpA's Days Inventory too high?
Saipem SpA's current Days Inventory of 10.14 is 32% below median its 10-year median of 15.02. Over the past 10 years, this metric has ranged from a low of 8.73 to a high of 104.35. The Oil & Gas industry median Days Inventory is 31.00. Saipem SpA's value of 10.14 is 67.3% below this industry median. Based on the distribution chart, Saipem SpA ranks #135 out of 688 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Saipem SpA has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saipem SpA's Days Inventory compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Saipem SpA ranks #135 out of 688 companies for Days Inventory. This places Saipem SpA in the top 20% of its industry — outperforming the majority of peers. The industry median Days Inventory is 31.00. Saipem SpA's value of 10.14 is 67.3% below this benchmark. Historically, Saipem SpA's own Days Inventory has ranged from 8.73 to 104.35 over the past decade. While the company's 10-year median is 15.02 vs. the industry median of 31.00, Saipem SpA has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Oil & Gas company?
The median Days Inventory among Oil & Gas companies is 31.00, based on 688 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Saipem SpA's current Days Inventory of 10.14 is 67.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Saipem SpA and its competitors. For the Oil & Gas industry, the median Days Inventory is 31.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saipem SpA's current Days Inventory is 10.14, which is 32% below median its own 10-year median of 15.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saipem SpA stock overvalued right now?
Based on GuruFocus' analysis, Saipem SpA (CHIX:SPMM) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.48, compared to a current price of €4.18 — trading 68.6% above its estimated fair value. The current Days Inventory is 10.14, which is 32% below median its 10-year median of 15.02 and 67.3% below the Oil & Gas industry median of 31.00. Saipem SpA's overall GF Score™ is 56/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Saipem SpA (CHIX:SPMM), the current Days Inventory is 10.14 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 Saipem SpA (CHIX:SPMM) Overvalued in 2026?
Based on GuruFocus' analysis, Saipem SpA stock appears to be overvalued.
The current stock price of €4.18 is trading 68.6% above its estimated GF Value™ of €2.48.
GuruFocus considers Saipem SpA to be Significantly Overvalued.
Key valuation signals for CHIX:SPMM:
Days Inventory: 10.14 (32% below median its 10-year median of 15.02)
GF Value™: €2.48 vs. price of €4.18 (68.6% above fair value)
Industry Position: 67.3% below the Oil & Gas median (#135 of 688)
No single metric tells the full story. See the CHIX:SPMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Saipem SpA specializes in engineering and construction of projects for the energy and infrastructure sectors, offshore and onshore. The company operates through Asset-Based Services, Offshore Drilling, and Energy Carriers segments. Key revenue is generated from Asset-Based Services, which includes the Offshore Engineering & Construction and Offshore Wind activities. The Energy Carriers segment includes the Onshore Engineering & Construction, Sustainable Infrastructures, and Robotics & Industrialized Solutions activities. Its revenue by geographical segment includes Italy, Rest of Europe, CSI, Rest of Asia, etc.
56GF Score
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