Bellini Nautica SpA (MIL:BELL) Days Inventory : 231.70 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Bellini Nautica SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bellini Nautica SpA's Average Total Inventories for the six months ended in Dec. 2023 was €7.81 Mil. Bellini Nautica SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €6.15 Mil. Hence, Bellini Nautica SpA's Days Inventory for the six months ended in Dec. 2023 was 231.70.

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

MIL:BELL' s Days Inventory Range Over the Past 10 Years
Min: 124.78 Med: 196.64 Max: 260.85
Current: 260.85

During the past 4 years, Bellini Nautica SpA's highest Days Inventory was 260.85. The lowest was 124.78. And the median was 196.64.

MIL:BELL's Days Inventory is ranked worse than
94.05% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 81.74 vs MIL:BELL: 260.85

Bellini Nautica SpA's Days Inventory increased from Dec. 2022 (140.47) to Dec. 2023 (231.70). It might indicate that Bellini Nautica SpA's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bellini Nautica SpA's Inventory Turnover for the six months ended in Dec. 2023 was 0.79.

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. Bellini Nautica SpA's Inventory-to-Revenue for the six months ended in Dec. 2023 was 1.32.

Bellini Nautica SpA Days Inventory Historical Data

The historical data trend for Bellini Nautica 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.

Bellini Nautica SpA Days Inventory Chart

Bellini Nautica SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

253.79

124.78

139.49

258.68

Bellini Nautica SpA Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			-	419.22	140.47	317.07	231.70

Competitive Comparison of Bellini Nautica SpA's Days Inventory

For the Recreational Vehicles subindustry, Bellini Nautica 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.

Bellini Nautica SpA's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bellini Nautica SpA's Days Inventory distribution charts can be found below:

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

Bellini Nautica SpA Days Inventory Calculation

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

Bellini Nautica 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
=	( (4.8	+	8.694)	/	2 )	/	9.52	*	365
=	6.747					/	9.52	*	365
=	258.68

Bellini Nautica 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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (6.917	+	8.694)	/	2 )	/	6.148	*	365 / 2
=	7.8055					/	6.148	*	365 / 2
=	231.70

Bellini Nautica SpA (MIL:BELL) 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.

Bellini Nautica SpA's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6.148	/	7.8055
	=	0.79

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.

Bellini Nautica SpA's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7.8055	/	5.928
	=	1.32

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.

Bellini Nautica SpA Days Inventory Related Terms

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

Bellini Nautica SpA (MIL:BELL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Bellini Nautica SpA (MIL:BELL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

F2F:Germany

Address

Via Carlo Lanza 28, Clusane d'Iseo, Via Carlo Lanza 28,, ITA, 25049

Website

https://www.bellininautica.it

Bellini Nautica SpA offers recreational vehicles. It engages in the sale of new Cranchi yachts and used Riva speed boats, dinghies, and motor boats. It restores collectable Riva boats and sells accessories such as Garmin, Fusion, Navigon, Navionics, and Raymarine nautical apparel.

Bellini Nautica SpA (MIL:BELL) Headlines

No Headlines