Elica SpA (MIL:ELC) Days Inventory : 148.04 (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Elica SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Elica SpA's Average Total Inventories for the six months ended in Dec. 2023 was €100.0 Mil. Elica SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €123.3 Mil. Hence, Elica SpA's Days Inventory for the six months ended in Dec. 2023 was 148.04.

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

MIL:ELC' s Days Inventory Range Over the Past 10 Years
Min: 94.03 Med: 103.34 Max: 137.74
Current: 137.74

During the past 13 years, Elica SpA's highest Days Inventory was 137.74. The lowest was 94.03. And the median was 103.34.

MIL:ELC's Days Inventory is ranked worse than
69.7% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 105.26 vs MIL:ELC: 137.74

Elica SpA's Days Inventory increased from Dec. 2022 (130.65) to Dec. 2023 (148.04). It might indicate that Elica SpA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Elica SpA's Inventory Turnover for the six months ended in Dec. 2023 was 1.23.

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. Elica SpA's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.46.

Elica SpA Days Inventory Historical Data

The historical data trend for Elica 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.

Elica SpA Days Inventory Chart

Elica SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

105.67

112.70

100.33

108.29

131.80

Elica SpA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															100.76	115.78	130.65	134.39	148.04

Competitive Comparison of Elica SpA's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Elica 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.

Elica SpA's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Elica SpA's Days Inventory distribution charts can be found below:

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

Elica SpA Days Inventory Calculation

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

Elica 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
=	( (101.448	+	90.872)	/	2 )	/	266.308	*	365
=	96.16					/	266.308	*	365
=	131.80

Elica 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
=	( (109.166	+	90.872)	/	2 )	/	123.301	*	365 / 2
=	100.019					/	123.301	*	365 / 2
=	148.04

Elica SpA (MIL:ELC) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	123.301	/	100.019
	=	1.23

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	100.019	/	218.659
	=	0.46

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.

Elica SpA Days Inventory Related Terms

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

Elica SpA (MIL:ELC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Elica SpA (MIL:ELC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Ermanno Casoli No, 2, Fabriano, Ancona, ITA, 60044

Website

https://www.elica.com

Elica SpA is engaged in the design, manufacturing, and sale of kitchen range hoods for domestic use as well as design, manufacture, and sale of motors for central heating boilers. In addition, the company produces and sells hobs, ovens, and sterilizers. The company offers its products under the Elica, Gutmann, Turboair, Jetair, Ariafina, Arietta, Puti, and Fime brand names. Geographically the business activity functions through the region of Europe + CIS (Russia), America, and Asia, and the Rest of the World.

Elica SpA (MIL:ELC) Headlines

No Headlines