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Aeroporto Guglielmo Marconi di Bologna SpA (MIL:ADB) Days Inventory : 2.60 (As of Dec. 2023)


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What is Aeroporto Guglielmo Marconi di Bologna SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aeroporto Guglielmo Marconi di Bologna SpA's Average Total Inventories for the three months ended in Dec. 2023 was €0.9 Mil. Aeroporto Guglielmo Marconi di Bologna SpA's Cost of Goods Sold for the three months ended in Dec. 2023 was €31.5 Mil. Hence, Aeroporto Guglielmo Marconi di Bologna SpA's Days Inventory for the three months ended in Dec. 2023 was 2.60.

The historical rank and industry rank for Aeroporto Guglielmo Marconi di Bologna SpA's Days Inventory or its related term are showing as below:

MIL:ADB' s Days Inventory Range Over the Past 10 Years
Min: 2.68   Med: 2.93   Max: 4.46
Current: 3.27

During the past 10 years, Aeroporto Guglielmo Marconi di Bologna SpA's highest Days Inventory was 4.46. The lowest was 2.68. And the median was 2.93.

MIL:ADB's Days Inventory is ranked better than
78.62% of 781 companies
in the Transportation industry
Industry Median: 11.4 vs MIL:ADB: 3.27

Aeroporto Guglielmo Marconi di Bologna SpA's Days Inventory declined from Dec. 2022 (3.07) to Dec. 2023 (2.60).

Inventory Turnover measures how fast the company turns over its inventory within a year. Aeroporto Guglielmo Marconi di Bologna SpA's Inventory Turnover for the three months ended in Dec. 2023 was 35.12.

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. Aeroporto Guglielmo Marconi di Bologna SpA's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.02.


Aeroporto Guglielmo Marconi di Bologna SpA Days Inventory Historical Data

The historical data trend for Aeroporto Guglielmo Marconi di Bologna 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.

Aeroporto Guglielmo Marconi di Bologna SpA Days Inventory Chart

Aeroporto Guglielmo Marconi di Bologna SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.72 3.17 4.46 3.54 3.18

Aeroporto Guglielmo Marconi di Bologna SpA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.07 3.82 3.27 3.77 2.60

Competitive Comparison of Aeroporto Guglielmo Marconi di Bologna SpA's Days Inventory

For the Airports & Air Services subindustry, Aeroporto Guglielmo Marconi di Bologna 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.


Aeroporto Guglielmo Marconi di Bologna SpA's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Aeroporto Guglielmo Marconi di Bologna SpA's Days Inventory distribution charts can be found below:

* The bar in red indicates where Aeroporto Guglielmo Marconi di Bologna SpA's Days Inventory falls into.



Aeroporto Guglielmo Marconi di Bologna SpA Days Inventory Calculation

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

Aeroporto Guglielmo Marconi di Bologna SpA's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0.912 + 0.878) / 2 ) / 102.694*365
=0.895 / 102.694*365
=3.18

Aeroporto Guglielmo Marconi di Bologna 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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.917 + 0.878) / 2 ) / 31.519*365 / 4
=0.8975 / 31.519*365 / 4
=2.60

* 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.


Aeroporto Guglielmo Marconi di Bologna SpA  (MIL:ADB) 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.

Aeroporto Guglielmo Marconi di Bologna SpA's Inventory Turnover for the three months ended in Dec. 2023 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.

Aeroporto Guglielmo Marconi di Bologna SpA's Inventory to Revenue for the three months ended in Dec. 2023 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.


Aeroporto Guglielmo Marconi di Bologna SpA Days Inventory Related Terms

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


Aeroporto Guglielmo Marconi di Bologna SpA (MIL:ADB) Business Description

Traded in Other Exchanges
Address
Via Triumvirato 84, Bologna, ITA, 40132
Aeroporto Guglielmo Marconi di Bologna SpA is engaged in the airport operations. It operates with three business units Aviation, Non-Aviation, and Other. Aviation unit is responsible for providing security services, information to the public and airport users, development of the airport infrastructure and service to passengers whereas Non-Aviation unit is concern about parking management, retail sub-concessions, advertising, passenger services and real estate management areas. The group generates revenue through Carriers, Airport Operators, Traffic incentives and Construction Services.

Aeroporto Guglielmo Marconi di Bologna SpA (MIL:ADB) Headlines

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