Compagnia Dei Caraibi SpA (MIL:1 TIME) Days Inventory : 105.88 (As of Jun. 2023)

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What is Compagnia Dei Caraibi SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Compagnia Dei Caraibi SpA's Average Total Inventories for the six months ended in Jun. 2023 was €13.10 Mil. Compagnia Dei Caraibi SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was €22.58 Mil. Hence, Compagnia Dei Caraibi SpA's Days Inventory for the six months ended in Jun. 2023 was 105.88.

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

MIL:1 TIME' s Days Inventory Range Over the Past 10 Years
Min: 70.51 Med: 81.44 Max: 112.4
Current: 97.95

During the past 4 years, Compagnia Dei Caraibi SpA's highest Days Inventory was 112.40. The lowest was 70.51. And the median was 81.44.

MIL:1 TIME's Days Inventory is ranked better than
66.5% of 206 companies
in the Beverages - Alcoholic industry
Industry Median: 160.955 vs MIL:1 TIME: 97.95

Compagnia Dei Caraibi SpA's Days Inventory increased from Jun. 2022 (70.52) to Jun. 2023 (105.88). It might indicate that Compagnia Dei Caraibi SpA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Compagnia Dei Caraibi SpA's Inventory Turnover for the six months ended in Jun. 2023 was 1.72.

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. Compagnia Dei Caraibi SpA's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.50.

Compagnia Dei Caraibi SpA Days Inventory Historical Data

The historical data trend for Compagnia Dei Caraibi 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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Compagnia Dei Caraibi SpA Days Inventory Chart

Compagnia Dei Caraibi SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Inventory

88.81

112.40

74.07

70.51

Compagnia Dei Caraibi SpA Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial			108.66	54.87	70.52	81.85	105.88

Competitive Comparison of Compagnia Dei Caraibi SpA's Days Inventory

For the Beverages - Wineries & Distilleries subindustry, Compagnia Dei Caraibi 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.

Compagnia Dei Caraibi SpA's Days Inventory Distribution in the Beverages - Alcoholic Industry

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

* The bar in red indicates where Compagnia Dei Caraibi SpA's Days Inventory falls into.

Compagnia Dei Caraibi SpA Days Inventory Calculation

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

Compagnia Dei Caraibi 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
=	( (5.671	+	9.981)	/	2 )	/	40.512	*	365
=	7.826					/	40.512	*	365
=	70.51

Compagnia Dei Caraibi 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
=	( (9.981	+	16.215)	/	2 )	/	22.577	*	365 / 2
=	13.098					/	22.577	*	365 / 2
=	105.88

Compagnia Dei Caraibi SpA (MIL:1 TIME) 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.

Compagnia Dei Caraibi SpA's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	22.577	/	13.098
	=	1.72

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.

Compagnia Dei Caraibi SpA's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	13.098	/	26.193
	=	0.50

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.

Compagnia Dei Caraibi SpA Days Inventory Related Terms

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

Compagnia Dei Caraibi SpA (MIL:1 TIME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Compagnia Dei Caraibi SpA (MIL:1 TIME) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Ribes, 3, Colleretto Giacosa, ITA, 10100

Website

https://www.compagniadeicaraibi.com

Compagnia Dei Caraibi SpA is engaged in the import, development, brand building and distribution of premium spirits, wines and soft drinks premium and ultra premium from all over the world.

Compagnia Dei Caraibi SpA (MIL:1 TIME) Headlines

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