Destination Italia SpA (MIL:DIT) Days Inventory : 0.01 (As of Dec. 2023)

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What is Destination Italia SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Destination Italia SpA's Average Total Inventories for the six months ended in Dec. 2023 was €0.00 Mil. Destination Italia SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €32.69 Mil. Hence, Destination Italia SpA's Days Inventory for the six months ended in Dec. 2023 was 0.01.

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

MIL:DIT' s Days Inventory Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.01
Current: 0.01

During the past 5 years, Destination Italia SpA's highest Days Inventory was 0.01. The lowest was 0.01. And the median was 0.01.

MIL:DIT's Days Inventory is ranked better than
99.85% of 671 companies
in the Travel & Leisure industry
Industry Median: 33.92 vs MIL:DIT: 0.01

Destination Italia SpA's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2023 (0.01). It might indicate that Destination Italia SpA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Destination Italia SpA's Inventory Turnover for the six months ended in Dec. 2023 was 32,692.00.

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. Destination Italia SpA's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

Destination Italia SpA Days Inventory Historical Data

The historical data trend for Destination Italia 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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Destination Italia SpA Days Inventory Chart

Destination Italia SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

0.01

Destination Italia SpA Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial				-	-	-	-	0.01

Competitive Comparison of Destination Italia SpA's Days Inventory

For the Travel Services subindustry, Destination Italia 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.

Destination Italia SpA's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Destination Italia SpA's Days Inventory distribution charts can be found below:

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

Destination Italia SpA Days Inventory Calculation

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

Destination Italia 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	+	0.001)	/	1 )	/	48.217	*	365
=	0.001					/	48.217	*	365
=	0.01

Destination Italia 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
=	( (0	+	0.001)	/	1 )	/	32.692	*	365 / 2
=	0.001					/	32.692	*	365 / 2
=	0.01

Destination Italia SpA (MIL:DIT) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	32.692	/	0.001
	=	32,692.00

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.001	/	36.248
	=	0.00

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.

Destination Italia SpA Days Inventory Related Terms

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Destination Italia SpA (MIL:DIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Destination Italia SpA (MIL:DIT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via del Don, 3, Milan, ITA, 20123

Website

https://www.destinationitalia.com

Destination Italia SpA is an Italian company serving the travel needs of people. It helps travelers make their trip to Italy unforgettable, offering unique itineraries and experiences in every corner of the beautiful country, from big cities to villages, from food and wine tourism to cultural holidays.