Comal SpA (MIL:CML) Days Inventory : 2,547.91 (As of Jun. 2024)

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What is Comal SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Comal SpA's Average Total Inventories for the six months ended in Jun. 2024 was €134.7 Mil. Comal SpA's Cost of Goods Sold for the six months ended in Jun. 2024 was €9.6 Mil. Hence, Comal SpA's Days Inventory for the six months ended in Jun. 2024 was 2,547.91.

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

MIL:CML' s Days Inventory Range Over the Past 10 Years
Min: 8.6 Med: 230.41 Max: 670.34
Current: 670.34

During the past 7 years, Comal SpA's highest Days Inventory was 670.34. The lowest was 8.60. And the median was 230.41.

MIL:CML's Days Inventory is ranked worse than
98.36% of 2925 companies
in the Industrial Products industry
Industry Median: 121.52 vs MIL:CML: 670.34

Comal SpA's Days Inventory increased from Jun. 2023 (589.99) to Jun. 2024 (2,547.91). It might indicate that Comal 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. Comal SpA's Inventory Turnover for the six months ended in Jun. 2024 was 0.07.

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. Comal SpA's Inventory-to-Revenue for the six months ended in Jun. 2024 was 4.64.

Comal SpA Days Inventory Historical Data

The historical data trend for Comal 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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Comal SpA Days Inventory Chart

Comal SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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274.08

230.75

230.07

387.90

546.44

Comal SpA Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Inventory	Get a 7-Day Free Trial							226.06	589.99	501.44	2,547.91	518.38

Competitive Comparison of Comal SpA's Days Inventory

For the Specialty Industrial Machinery subindustry, Comal 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.

Comal SpA's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Comal SpA's Days Inventory distribution charts can be found below:

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

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Comal SpA Days Inventory Calculation

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

Comal 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
=	( (37.06	+	39.124)	/	2 )	/	35.843	*	365
=	38.092					/	35.843	*	365
=	387.90

Comal SpA's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

	Days Inventory (Q: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (39.124	+	230.242)	/	2 )	/	9.647	*	365 / 2
=	134.683					/	9.647	*	365 / 2
=	2,547.91

Comal SpA (MIL:CML) 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.

Comal SpA's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9.647	/	134.683
	=	0.07

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.

Comal SpA's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	134.683	/	29.002
	=	4.64

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.

Comal SpA Days Inventory Related Terms

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

Comal SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Comal SpA (MIL:CML) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Aurelia State Road KM 113, Montalto di Castro, Viterbo, ITA, 01014

Website

https://www.comalgroup.com

Comal SpA provides energy-related products and services. It is engaged in the engineering, construction, and installation of high-power photovoltaic plants, and has built various photovoltaic systems installed in Italy and South Africa, with an energy capacity of over 600 MW. The company also offers operation and maintenance services for solar panels.

Comal SpA Headlines

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