A2A SpA (HAM:EAM) Days Inventory: 6.36 (As of Mar. 2026) — 51% Below Median


HAM:EAM A2A SpA HAM:EAM
72 GF Score
Price €2.28
GF Value €2.24
! 2 Warning Signs
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What is A2A SpA Days Inventory?

A2A SpA HAM:EAM +7.65% 72 Days Inventory is 6.36 as of Mar. 2026, which is 51% below its 10-year median of 12.87. GuruFocus rates HAM:EAM with a GF Score™ of 72/100 and a GF Value™ of €2.24. The stock has 2 warning signs investors should review. Among 450 Utilities - Regulated companies, A2A SpA ranks better than 75.11% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). A2A SpA's Average Total Inventories for the three months ended in Mar. 2026 was €250 Mil. A2A SpA's Cost of Goods Sold for the three months ended in Mar. 2026 was €3,579 Mil. Hence, A2A SpA's Days Inventory for the three months ended in Mar. 2026 was 6.36.

The historical rank and industry rank for A2A SpA's Days Inventory or its related term are showing as below:

HAM:EAM' s Days Inventory Range Over the Past 10 Years
Min: 6.59   Med: 12.87   Max: 21.89
Current: 9

During the past 13 years, A2A SpA's highest Days Inventory was 21.89. The lowest was 6.59. And the median was 12.87.

HAM:EAM's Days Inventory is ranked better than
75.11% of 450 companies
in the Utilities - Regulated industry
Industry Median: 22.52 vs HAM:EAM: 9.00

A2A SpA's Days Inventory declined from Mar. 2025 (7.32) to Mar. 2026 (6.36).

Inventory Turnover measures how fast the company turns over its inventory within a year. A2A SpA's Inventory Turnover for the three months ended in Mar. 2026 was 14.34.

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. A2A SpA's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.06.


A2A SpA  (HAM:EAM) 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.

A2A 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.

A2A 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.


A2A SpA Days Inventory Related Terms


A2A SpA Days Inventory Historical Data

* Premium members only.

The historical data trend for A2A 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.

A2A SpA Days Inventory Chart

A2A SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.89 6.59 13.46 12.61 10.93

A2A SpA Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.32 10.36 13.18 10.84 6.36

HAM:EAM vs SRE: Days Inventory Comparison

For the Utilities - Diversified subindustry, A2A 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.


A2A SpA Days Inventory vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, A2A SpA's Days Inventory distribution charts can be found below:

* The bar in red indicates where A2A SpA's Days Inventory falls into.


HAM:EAM
72GF Score
A2A SpA HAM:EAM
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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A2A SpA Days Inventory Calculation

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

A2A SpA's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (318 + 311) / 2 ) / 10507*365
=314.5 / 10507*365
=10.93

A2A SpA's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (311 + 188) / 2 ) / 3579*365 / 4
=249.5 / 3579*365 / 4
=6.36

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 6.36 mean?
A2A SpA (HAM:EAM) has a Days Inventory of 6.36 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on A2A SpA and its competitors. This is 51% below median its historical median of 12.87. Over the past decade, A2A SpA's Days Inventory has ranged from 6.59 to 21.89. According to the industry distribution chart, A2A SpA ranks #112 out of 450 companies in the Utilities - Regulated industry, placing it in the top 24.9%.
Is A2A SpA's Days Inventory too high?
A2A SpA's current Days Inventory of 6.36 is 51% below median its 10-year median of 12.87. Over the past 10 years, this metric has ranged from a low of 6.59 to a high of 21.89. The Utilities - Regulated industry median Days Inventory is 22.52. A2A SpA's value of 6.36 is 71.8% below this industry median. Based on the distribution chart, A2A SpA ranks #112 out of 450 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, A2A SpA has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does A2A SpA's Days Inventory compare to SRE?
According to the Utilities - Regulated industry distribution chart, A2A SpA ranks #112 out of 450 companies for Days Inventory. This places A2A SpA in the top 25% of its industry — outperforming the majority of peers. The industry median Days Inventory is 22.52. A2A SpA's value of 6.36 is 71.8% below this benchmark. Historically, A2A SpA's own Days Inventory has ranged from 6.59 to 21.89 over the past decade. While the company's 10-year median is 12.87 vs. the industry median of 22.52, A2A 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 Utilities - Regulated company?
The median Days Inventory among Utilities - Regulated companies is 22.52, based on 450 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. A2A SpA's current Days Inventory of 6.36 is 71.8% 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 A2A SpA and its competitors. For the Utilities - Regulated industry, the median Days Inventory is 22.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. A2A SpA's current Days Inventory is 6.36, which is 51% below median its own 10-year median of 12.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A2A SpA stock overvalued right now?
A2A SpA (HAM:EAM) has a current Days Inventory of 6.36. The stock's GF Value™ is €2.24, compared to a current price of €2.28 — trading 1.7% above its estimated fair value. The current Days Inventory is 6.36, which is 51% below median its 10-year median of 12.87 and 71.8% below the Utilities - Regulated industry median of 22.52. A2A SpA's overall GF Score™ is 72/100 with 2 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 A2A SpA (HAM:EAM), the current Days Inventory is 6.36 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 A2A SpA (HAM:EAM) Overvalued in 2026?

Based on GuruFocus' analysis, A2A SpA stock appears to be overvalued. The current stock price of €2.28 is trading 1.7% above its estimated GF Value™ of €2.24.

Key valuation signals for HAM:EAM:

  • Days Inventory: 6.36 (51% below median its 10-year median of 12.87)
  • GF Value™: €2.24 vs. price of €2.28 (1.7% above fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 71.8% below the Utilities - Regulated median (#112 of 450)

No single metric tells the full story. See the HAM:EAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


A2A SpA Business Description

Address Via Lamarmora 230, Brescia, ITA, 25124
A2A SpA together with its subsidiaries is engaged in the production, sale, and distribution of electricity; sale and distribution of gas; production, distribution, and sale of heat through district heating networks, technical consultancy relating to energy efficiency certificates, waste management (from collection and sweeping to disposal) and the construction and management of integrated waste disposal plants and systems, also making these available for other operators, and integrated water cycle management.
72GF Score

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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.28
Price
€2.24
GF Value