Circle SpAMIL:CIRC -2.49%83 Days Inventory is 2.75 as of Dec. 2025, which is 65% below its 10-year median of 7.91. GuruFocus rates MIL:CIRC with a GF Score™ of 83/100 and a GF Value™ of €12.24 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,648 Software companies, Circle SpA ranks better than 70.33% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Circle SpA's Average Total Inventories for the
six
months ended in Dec. 2025 was €0.17 Mil. Circle SpA's Cost of Goods Sold for the
six
months ended in Dec. 2025 was €11.27 Mil.
Hence, Circle SpA's Days Inventory for the
six
months ended in Dec. 2025 was 2.75.
The historical rank and industry rank for Circle SpA's Days Inventory or its related term are showing as below:
MIL:CIRC'
s Days Inventory Range Over the Past 10 Years
Min: 5.07 Med: 7.91 Max: 19.46
Current: 5.11
During the past 11 years, Circle SpA's highest Days Inventory was 19.46. The lowest was 5.07. And the median was 7.91.
MIL:CIRC's Days Inventory is ranked better than 70.33% of 1648
companies
in the Software industry
Industry Median: 20.09
vs MIL:CIRC: 5.11
Circle SpA's Days Inventory
declined
from Dec. 2024 (23.36) to Dec. 2025 (2.75).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Circle SpA's Inventory Turnover for the
six
months ended in Dec. 2025 was 66.28.
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.
Circle SpA's Inventory-to-Revenue for the
six
months ended in Dec. 2025 was 0.01.
Circle SpA (MIL:CIRC) 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.
Circle SpA's Inventory Turnover for the
six
months ended in Dec. 2025 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.
Circle SpA's Inventory to Revenue for the
six
months ended in Dec. 2025 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.
Circle SpA Days Inventory Related Terms
Circle SpA Days Inventory Historical Data
* Premium members only.
The historical data trend for Circle 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.
MIL:CIRC vs IBM, ACN, FISV: Days Inventory Comparison
For the Information Technology Services subindustry, Circle 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.
Circle SpA Days Inventory vs Software Industry
For the Software industry and Technology sector, Circle SpA's Days Inventory distribution charts can be found below:
* The bar in red indicates where Circle SpA's Days Inventory falls into.
* 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.
Circle SpA (MIL:CIRC) has a Days Inventory of 2.75 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Circle SpA and its competitors. This is 65% below median its historical median of 7.91. Over the past decade, Circle SpA's Days Inventory has ranged from 5.07 to 19.46. According to the industry distribution chart, Circle SpA ranks #489 out of 1648 companies in the Software industry, placing it in the top 29.7%.
Is Circle SpA's Days Inventory too high?
Circle SpA's current Days Inventory of 2.75 is 65% below median its 10-year median of 7.91. Over the past 10 years, this metric has ranged from a low of 5.07 to a high of 19.46. The Software industry median Days Inventory is 20.09. Circle SpA's value of 2.75 is 86.3% below this industry median. Based on the distribution chart, Circle SpA ranks #489 out of 1648 companies in the Software industry, which is above the industry midpoint. Overall, Circle SpA has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Circle SpA's Days Inventory compare to IBM and ACN?
According to the Software industry distribution chart, Circle SpA ranks #489 out of 1648 companies for Days Inventory. This puts Circle SpA in the upper half of its industry. The industry median Days Inventory is 20.09. Circle SpA's value of 2.75 is 86.3% below this benchmark. Historically, Circle SpA's own Days Inventory has ranged from 5.07 to 19.46 over the past decade. While the company's 10-year median is 7.91 vs. the industry median of 20.09, Circle SpA has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Software company?
The median Days Inventory among Software companies is 20.09, based on 1,648 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Circle SpA's current Days Inventory of 2.75 is 86.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Circle SpA and its competitors. For the Software industry, the median Days Inventory is 20.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Circle SpA's current Days Inventory is 2.75, which is 65% below median its own 10-year median of 7.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Circle SpA stock overvalued right now?
Based on GuruFocus' analysis, Circle SpA (MIL:CIRC) is currently considered Modestly Overvalued. The stock's GF Value™ is €12.24, compared to a current price of €13.70 — trading 11.9% above its estimated fair value. The current Days Inventory is 2.75, which is 65% below median its 10-year median of 7.91 and 86.3% below the Software industry median of 20.09. Circle SpA's overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Circle SpA (MIL:CIRC), the current Days Inventory is 2.75 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Circle SpA (MIL:CIRC) Overvalued in 2026?
Based on GuruFocus' analysis, Circle SpA stock appears to be overvalued.
The current stock price of €13.70 is trading 11.9% above its estimated GF Value™ of €12.24.
GuruFocus considers Circle SpA to be Modestly Overvalued.
Key valuation signals for MIL:CIRC:
Days Inventory: 2.75 (65% below median its 10-year median of 7.91)
GF Value™: €12.24 vs. price of €13.70 (11.9% above fair value)
Industry Position: 86.3% below the Software median (#489 of 1648)
No single metric tells the full story. See the MIL:CIRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Circle SpA is engaged in providing consulting services, technological solutions, and digital marketing services to companies operating predominantly in the logistics and transportation sectors. It provides strategic consulting services in the fields of port management, logistics, and transport, and also develops software solutions to optimize flow management and improve logistics processes. The company's service offerings in the digital marketing sector include; services for the analysis, identification, and use of multi-channel communication tools for the implementation of digital marketing strategies.
83GF Score
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