Days Inventory is also known as Days Sales of Inventory (DSI). BasicNet SpA's Average Total Inventories for the
six
months ended in Dec. 2023 was €124.7 Mil. BasicNet SpA's Cost of Goods Sold for the
six
months ended in Dec. 2023 was €103.2 Mil.
Hence, BasicNet SpA's Days Inventory for the
six
months ended in Dec. 2023 was 220.49.
The historical rank and industry rank for BasicNet SpA's Days Inventory or its related term are showing as below:
MIL:BAN'
s Days Inventory Range Over the Past 10 Years
Min: 141.88 Med: 198.06 Max: 254.13
Current: 243.1
During the past 13 years, BasicNet SpA's highest Days Inventory was 254.13. The lowest was 141.88. And the median was 198.06.
MIL:BAN's Days Inventory is ranked worse than 83.35% of 1069
companies
in the Retail - Cyclical industry
Industry Median: 110.7
vs MIL:BAN: 243.10
BasicNet SpA's Days Inventory
increased
from Dec. 2022 (191.48) to Dec. 2023 (220.49).
It might indicate that BasicNet SpA's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
BasicNet SpA's Inventory Turnover for the
six
months ended in Dec. 2023 was 0.83.
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.
BasicNet SpA's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.67.
BasicNet SpA Days Inventory Historical Data
The historical data trend for BasicNet 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.
Competitive Comparison of BasicNet SpA's Days Inventory
For the Apparel Retail subindustry, BasicNet 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.
BasicNet SpA's Days Inventory Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, BasicNet SpA's Days Inventory distribution charts can be found below:
* The bar in red indicates where BasicNet SpA's Days Inventory falls into.
BasicNet SpA Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
BasicNet SpA's Days Inventory for the fiscal year that 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.
BasicNet SpA (MIL:BAN) 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.
BasicNet SpA's Inventory Turnover for the
six
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.
BasicNet SpA's Inventory to Revenue for the
six
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.
BasicNet SpA Days Inventory Related Terms
Thank you for viewing the detailed overview of BasicNet SpA's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
BasicNet SpA is an Italian company which is engaged in distribution and development of leisurewear and sportswear, footwear and accessories for various brands including Kappa, Robe di Kappa, Jesus Jeans, Lanzera, K-Way, Superga, AB Besson, Sabelt, and Briko. The company also develops service activities such as the creation of new software for the online management of all supply chain processes, product research, and development, communication and sourcing for the distribution of its products through a global network of independent licensees. Its business is divided into two segments namely Clothing, footwear and accessories, Property.
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