A.b.p. Nocivelli SpA (FRA:9UZ) Days Inventory : 86.85 (As of Dec. 2023)

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What is A.b.p. Nocivelli SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). A.b.p. Nocivelli SpA's Average Total Inventories for the six months ended in Dec. 2023 was €13.36 Mil. A.b.p. Nocivelli SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €28.08 Mil. Hence, A.b.p. Nocivelli SpA's Days Inventory for the six months ended in Dec. 2023 was 86.85.

The historical rank and industry rank for A.b.p. Nocivelli SpA's Days Inventory or its related term are showing as below:

FRA:9UZ' s Days Inventory Range Over the Past 10 Years
Min: 33.78 Med: 79.21 Max: 356.82
Current: 86.83

During the past 5 years, A.b.p. Nocivelli SpA's highest Days Inventory was 356.82. The lowest was 33.78. And the median was 79.21.

FRA:9UZ's Days Inventory is ranked worse than
81.78% of 730 companies
in the Oil & Gas industry
Industry Median: 31.72 vs FRA:9UZ: 86.83

A.b.p. Nocivelli SpA's Days Inventory increased from Dec. 2022 (71.91) to Dec. 2023 (86.85). It might indicate that A.b.p. Nocivelli SpA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. A.b.p. Nocivelli SpA's Inventory Turnover for the six months ended in Dec. 2023 was 2.10.

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. A.b.p. Nocivelli SpA's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.33.

A.b.p. Nocivelli SpA Days Inventory Historical Data

The historical data trend for A.b.p. Nocivelli 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.

A.b.p. Nocivelli SpA Days Inventory Chart

A.b.p. Nocivelli SpA Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

356.82

58.87

33.78

93.73

79.21

A.b.p. Nocivelli SpA Semi-Annual Data
	Jun19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial				78.49	104.99	71.91	84.36	86.85

Competitive Comparison of A.b.p. Nocivelli SpA's Days Inventory

For the Oil & Gas Refining & Marketing subindustry, A.b.p. Nocivelli 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.

A.b.p. Nocivelli SpA's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, A.b.p. Nocivelli SpA's Days Inventory distribution charts can be found below:

* The bar in red indicates where A.b.p. Nocivelli SpA's Days Inventory falls into.

A.b.p. Nocivelli SpA Days Inventory Calculation

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

A.b.p. Nocivelli SpA's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (12.471	+	12.148)	/	2 )	/	56.724	*	365
=	12.3095					/	56.724	*	365
=	79.21

A.b.p. Nocivelli SpA's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (12.148	+	14.572)	/	2 )	/	28.075	*	365 / 2
=	13.36					/	28.075	*	365 / 2
=	86.85

A.b.p. Nocivelli SpA (FRA:9UZ) 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.

A.b.p. Nocivelli SpA's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	28.075	/	13.36
	=	2.10

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.

A.b.p. Nocivelli SpA's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	13.36	/	40.246
	=	0.33

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.

A.b.p. Nocivelli SpA Days Inventory Related Terms

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

A.b.p. Nocivelli SpA (FRA:9UZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » A.b.p. Nocivelli SpA (FRA:9UZ) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

ABP:Italy

Address

Via Padana Superiore 67, Castegnato, ITA, 25045

Website

http://www.abpnocivelli.com

A.b.p. Nocivelli SpA is engaged in the trading of petroleum products and lubricants. It offers storage, distribution, and customer services. Additionally, the firm provides Facility Management services.

A.b.p. Nocivelli SpA (FRA:9UZ) Headlines

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