Masi Agricola SpA (FRA:0CY) Days Inventory : 300.10 (As of Jun. 2023)

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What is Masi Agricola SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Masi Agricola SpA's Average Total Inventories for the six months ended in Jun. 2023 was €34.60 Mil. Masi Agricola SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was €21.04 Mil. Hence, Masi Agricola SpA's Days Inventory for the six months ended in Jun. 2023 was 300.10.

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

FRA:0CY' s Days Inventory Range Over the Past 10 Years
Min: 229.1 Med: 252.45 Max: 441.67
Current: 317.63

During the past 10 years, Masi Agricola SpA's highest Days Inventory was 441.67. The lowest was 229.10. And the median was 252.45.

FRA:0CY's Days Inventory is ranked worse than
65.85% of 205 companies
in the Beverages - Alcoholic industry
Industry Median: 158.99 vs FRA:0CY: 317.63

Masi Agricola SpA's Days Inventory increased from Jun. 2022 (241.62) to Jun. 2023 (300.10). It might indicate that Masi Agricola SpA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Masi Agricola SpA's Inventory Turnover for the six months ended in Jun. 2023 was 0.61.

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. Masi Agricola SpA's Inventory-to-Revenue for the six months ended in Jun. 2023 was 1.05.

Masi Agricola SpA Days Inventory Historical Data

The historical data trend for Masi Agricola 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.

Masi Agricola SpA Days Inventory Chart

Masi Agricola SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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231.24

260.75

248.45

229.10

344.35

Masi Agricola SpA Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial														220.06	241.62	221.76	300.10	307.34

Competitive Comparison of Masi Agricola SpA's Days Inventory

For the Beverages - Wineries & Distilleries subindustry, Masi Agricola 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.

Masi Agricola SpA's Days Inventory Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Masi Agricola SpA's Days Inventory distribution charts can be found below:

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

Masi Agricola SpA Days Inventory Calculation

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

Masi Agricola SpA's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (30.377	+	33.364)	/	2 )	/	50.775	*	365
=	31.8705					/	50.775	*	365
=	229.10

Masi Agricola SpA's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (33.364	+	35.828)	/	2 )	/	21.039	*	365 / 2
=	34.596					/	21.039	*	365 / 2
=	300.10

Masi Agricola SpA (FRA:0CY) 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.

Masi Agricola SpA's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	21.039	/	34.596
	=	0.61

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.

Masi Agricola SpA's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	34.596	/	33.083
	=	1.05

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.

Masi Agricola SpA Days Inventory Related Terms

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

Masi Agricola SpA (FRA:0CY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Masi Agricola SpA (FRA:0CY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

MASI:Italy

Address

Via Monteleone 26, Gargagnago di Valpolicella, Verona, ITA, 37015

Website

http://www.masi.it

Masi Agricola SpA manufactures and distributes wines. The company operates in more than 100 countries.

Masi Agricola SpA (FRA:0CY) Headlines

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