ECNLF (Aquafil SpA) Days Inventory : 189.98 (As of Sep. 2024)

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What is Aquafil SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aquafil SpA's Average Total Inventories for the three months ended in Sep. 2024 was $203.3 Mil. Aquafil SpA's Cost of Goods Sold for the three months ended in Sep. 2024 was $97.7 Mil. Hence, Aquafil SpA's Days Inventory for the three months ended in Sep. 2024 was 189.98.

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

ECNLF' s Days Inventory Range Over the Past 10 Years
Min: 153.18 Med: 167.47 Max: 211.11
Current: 182.09

During the past 8 years, Aquafil SpA's highest Days Inventory was 211.11. The lowest was 153.18. And the median was 167.47.

ECNLF's Days Inventory is ranked worse than
68.2% of 1003 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 128.77 vs ECNLF: 182.09

Aquafil SpA's Days Inventory declined from Sep. 2023 (193.65) to Sep. 2024 (189.98).

Inventory Turnover measures how fast the company turns over its inventory within a year. Aquafil SpA's Inventory Turnover for the three months ended in Sep. 2024 was 0.48.

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. Aquafil SpA's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.40.

Aquafil SpA Days Inventory Historical Data

The historical data trend for Aquafil 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.

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Aquafil SpA Days Inventory Chart

Aquafil SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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182.88

201.02

158.58

170.62

196.00

Aquafil SpA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial															193.65	191.84	163.94	178.78	189.98

Competitive Comparison of Aquafil SpA's Days Inventory

For the Textile Manufacturing subindustry, Aquafil 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.

Aquafil SpA's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aquafil SpA's Days Inventory distribution charts can be found below:

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

Aquafil SpA Days Inventory Calculation

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

Aquafil SpA's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (276.214	+	206.617)	/	2 )	/	449.57	*	365
=	241.4155					/	449.57	*	365
=	196.00

Aquafil SpA's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (201.594	+	205.072)	/	2 )	/	97.662	*	365 / 4
=	203.333					/	97.662	*	365 / 4
=	189.98

Aquafil SpA (OTCPK:ECNLF) 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.

Aquafil SpA's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	97.662	/	203.333
	=	0.48

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.

Aquafil SpA's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	203.333	/	145.699
	=	1.40

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.

Aquafil SpA Days Inventory Related Terms

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

Aquafil SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Aquafil SpA (OTCPK:ECNLF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

ECNL:Italy 0ROH:UK 6W7:Germany

Address

Via Linfano, 9, Arco, Trento, ITA, 38062

Website

https://www.aquafil.com

Aquafil SpA is engaged in the business of manufacturing polyamides. It produces and sells fibers and polymers, principally polyamide 6, scale through the: BCF Product Line (carpet fibers), or synthetic yarns mainly intended for the textile flooring sector and used in contract segments (hotels, airports, offices, etc.), residential buildings and the automotive market; NTF Product Line (clothing fibers), or synthetic yarns mainly intended for the clothing sector (sportswear, classic, technical or specialist apparel); Polymers Product Line, or plastic raw materials, mainly targeting the engineering plastics sector for subsequent use in the molding industry. Its products are also sold on the market under the ECONYL brand.