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Industrie De Nora spa (MIL:DNR) Days Inventory : 0.00 (As of Dec. 2023)


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What is Industrie De Nora spa Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Industrie De Nora spa's Average Total Inventories for the three months ended in Dec. 2023 was €272.1 Mil. Industrie De Nora spa's Cost of Goods Sold for the three months ended in Dec. 2023 was €-27.6 Mil.

The historical rank and industry rank for Industrie De Nora spa's Days Inventory or its related term are showing as below:

MIL:DNR' s Days Inventory Range Over the Past 10 Years
Min: 134.63   Med: 171.73   Max: 284.6
Current: 284.6

During the past 5 years, Industrie De Nora spa's highest Days Inventory was 284.60. The lowest was 134.63. And the median was 171.73.

MIL:DNR's Days Inventory is ranked worse than
94.37% of 1492 companies
in the Chemicals industry
Industry Median: 83.1 vs MIL:DNR: 284.60

Industrie De Nora spa's Days Inventory declined from Dec. 2022 (31,761.74) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Industrie De Nora spa's Inventory Turnover for the three months ended in Dec. 2023 was -0.10.

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. Industrie De Nora spa's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.20.


Industrie De Nora spa Days Inventory Historical Data

The historical data trend for Industrie De Nora 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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Industrie De Nora spa Days Inventory Chart

Industrie De Nora spa Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
134.63 141.97 171.73 258.65 274.61

Industrie De Nora spa Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 294.47 320.62 121.80 - 322.87

Competitive Comparison of Industrie De Nora spa's Days Inventory

For the Specialty Chemicals subindustry, Industrie De Nora 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.


Industrie De Nora spa's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Industrie De Nora spa's Days Inventory distribution charts can be found below:

* The bar in red indicates where Industrie De Nora spa's Days Inventory falls into.



Industrie De Nora spa Days Inventory Calculation

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

Industrie De Nora 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
=( (295.476 + 257.146) / 2 ) / 367.266*365
=276.311 / 367.266*365
=274.61

Industrie De Nora 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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (287 + 257.146) / 2 ) / -27.614*365 / 4
=272.073 / -27.614*365 / 4
=N/A

* 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.


Industrie De Nora spa  (MIL:DNR) 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.

Industrie De Nora spa's Inventory Turnover for the three 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.

Industrie De Nora spa's Inventory to Revenue for the three 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.


Industrie De Nora spa Days Inventory Related Terms

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


Industrie De Nora spa (MIL:DNR) Business Description

Traded in Other Exchanges
Address
Via Leonardo Bistolfi, 35, Milan, ITA, 20134
Industrie De Nora spa manufactures and distributes chemicals. The Group is organized into three business segments: the Electrode Technologies business. Energy Transition business and the Water Technologies business. Electrode Technologies segment earns the majority of companies revenues.

Industrie De Nora spa (MIL:DNR) Headlines

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