Digital Bros SpA (LTS:0N8R) Days Inventory : 32.07 (As of Mar. 2024)

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What is Digital Bros SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Digital Bros SpA's Average Total Inventories for the three months ended in Mar. 2024 was €3.3 Mil. Digital Bros SpA's Cost of Goods Sold for the three months ended in Mar. 2024 was €9.3 Mil. Hence, Digital Bros SpA's Days Inventory for the three months ended in Mar. 2024 was 32.07.

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

LTS:0N8R' s Days Inventory Range Over the Past 10 Years
Min: 37.3 Med: 59.58 Max: 105.86
Current: 37.3

During the past 13 years, Digital Bros SpA's highest Days Inventory was 105.86. The lowest was 37.30. And the median was 59.58.

LTS:0N8R's Days Inventory is ranked worse than
61.76% of 238 companies
in the Interactive Media industry
Industry Median: 17.565 vs LTS:0N8R: 37.30

Digital Bros SpA's Days Inventory declined from Mar. 2023 (45.19) to Mar. 2024 (32.07).

Inventory Turnover measures how fast the company turns over its inventory within a year. Digital Bros SpA's Inventory Turnover for the three months ended in Mar. 2024 was 2.85.

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. Digital Bros SpA's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.11.

Digital Bros SpA Days Inventory Historical Data

The historical data trend for Digital Bros 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.

Digital Bros SpA Days Inventory Chart

Digital Bros SpA Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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101.24

60.44

41.85

39.67

38.48

Digital Bros SpA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															45.19	39.46	40.09	38.97	32.07

Competitive Comparison of Digital Bros SpA's Days Inventory

For the Electronic Gaming & Multimedia subindustry, Digital Bros 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.

Digital Bros SpA's Days Inventory Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Digital Bros SpA's Days Inventory distribution charts can be found below:

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

Digital Bros SpA Days Inventory Calculation

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

Digital Bros 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
=	( (4.173	+	3.355)	/	2 )	/	35.706	*	365
=	3.764					/	35.706	*	365
=	38.48

Digital Bros SpA's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (3.435	+	3.068)	/	2 )	/	9.253	*	365 / 4
=	3.2515					/	9.253	*	365 / 4
=	32.07

Digital Bros SpA (LTS:0N8R) 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.

Digital Bros SpA's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9.253	/	3.2515
	=	2.85

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.

Digital Bros SpA's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.2515	/	28.7
	=	0.11

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.

Digital Bros SpA Days Inventory Related Terms

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

Digital Bros SpA (LTS:0N8R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Digital Bros SpA (LTS:0N8R) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

DIB:Italy DB7:Germany

Address

Via Tortona, 37, Milan, ITA, 20144

Website

https://www.digitalbros.com

Digital Bros SpA develops, publishes, distributes, and markets video games. The company operates in various business segments that are Premium Games; Free to Play; Italian Distribution; Other activities and Holding. It generates maximum revenue from the Premium Games segment. Premium Games operations consist of the acquisition of video game content exploitation rights from developers and the subsequent distribution of the games through a traditional international retail sales network and via digital marketplaces such as Steam, Sony PlayStation Network, Microsoft Xbox Live, Epic Game Store, and others. Geographically, it derives a majority of revenue from the Americas.

Digital Bros SpA (LTS:0N8R) Headlines

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