ENAV SpAMIL:ENAV -0.19%81 Days Inventory is 46.24 as of Mar. 2026, which is 5% above its 10-year median of 43.93. GuruFocus rates MIL:ENAV with a GF Score™ of 81/100 and a GF Value™ of €4.12 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 796 Transportation companies, ENAV SpA ranks worse than 77.64% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). ENAV SpA's Average Total Inventories for the
three
months ended in Mar. 2026 was €59.9 Mil. ENAV SpA's Cost of Goods Sold for the
three
months ended in Mar. 2026 was €118.3 Mil.
Hence, ENAV SpA's Days Inventory for the
three
months ended in Mar. 2026 was 46.24.
The historical rank and industry rank for ENAV SpA's Days Inventory or its related term are showing as below:
MIL:ENAV'
s Days Inventory Range Over the Past 10 Years
Min: 35.62 Med: 43.93 Max: 46.58
Current: 35.62
During the past 13 years, ENAV SpA's highest Days Inventory was 46.58. The lowest was 35.62. And the median was 43.93.
MIL:ENAV's Days Inventory is ranked worse than 77.64% of 796
companies
in the Transportation industry
Industry Median: 12.455
vs MIL:ENAV: 35.62
ENAV SpA's Days Inventory
declined
from Mar. 2025 (48.45) to Mar. 2026 (46.24).
Inventory Turnover measures how fast the company turns over its inventory within a year.
ENAV SpA's Inventory Turnover for the
three
months ended in Mar. 2026 was 1.97.
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.
ENAV SpA's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.32.
ENAV SpA (MIL:ENAV) 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.
ENAV SpA's Inventory Turnover for the
three
months ended in Mar. 2026 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.
ENAV SpA's Inventory to Revenue for the
three
months ended in Mar. 2026 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.
ENAV SpA Days Inventory Related Terms
ENAV SpA Days Inventory Historical Data
* Premium members only.
The historical data trend for ENAV 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.
For the Airports & Air Services subindustry, ENAV 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.
ENAV SpA Days Inventory vs Transportation Industry
For the Transportation industry and Industrials sector, ENAV SpA's Days Inventory distribution charts can be found below:
* The bar in red indicates where ENAV 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.
ENAV SpA (MIL:ENAV) has a Days Inventory of 46.24 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on ENAV SpA and its competitors. This is near median its historical median of 43.93. Over the past decade, ENAV SpA's Days Inventory has ranged from 35.62 to 46.58. According to the industry distribution chart, ENAV SpA ranks #618 out of 796 companies in the Transportation industry, placing it in the top 77.6%.
Is ENAV SpA's Days Inventory too high?
ENAV SpA's current Days Inventory of 46.24 is near median its 10-year median of 43.93. Over the past 10 years, this metric has ranged from a low of 35.62 to a high of 46.58. The Transportation industry median Days Inventory is 12.46. ENAV SpA's value of 46.24 is 271.3% above this industry median. Based on the distribution chart, ENAV SpA ranks #618 out of 796 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, ENAV SpA has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ENAV SpA's Days Inventory compare to JOBY?
According to the Transportation industry distribution chart, ENAV SpA ranks #618 out of 796 companies for Days Inventory. This places ENAV SpA in the lower half of its industry. The industry median Days Inventory is 12.46. ENAV SpA's value of 46.24 is 271.3% above this benchmark. Historically, ENAV SpA's own Days Inventory has ranged from 35.62 to 46.58 over the past decade. While the company's 10-year median is 43.93 vs. the industry median of 12.46, ENAV SpA has consistently been above 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 Transportation company?
The median Days Inventory among Transportation companies is 12.46, based on 796 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. ENAV SpA's current Days Inventory of 46.24 is 271.3% above 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 ENAV SpA and its competitors. For the Transportation industry, the median Days Inventory is 12.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ENAV SpA's current Days Inventory is 46.24, which is near median its own 10-year median of 43.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ENAV SpA stock overvalued right now?
Based on GuruFocus' analysis, ENAV SpA (MIL:ENAV) is currently considered Modestly Overvalued. The stock's GF Value™ is €4.12, compared to a current price of €5.16 — trading 25.1% above its estimated fair value. The current Days Inventory is 46.24, which is near median its 10-year median of 43.93 and 271.3% above the Transportation industry median of 12.46. ENAV SpA's overall GF Score™ is 81/100 with 5 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 ENAV SpA (MIL:ENAV), the current Days Inventory is 46.24 as of Mar. 2026. 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 ENAV SpA (MIL:ENAV) Overvalued in 2026?
Based on GuruFocus' analysis, ENAV SpA stock appears to be overvalued.
The current stock price of €5.16 is trading 25.1% above its estimated GF Value™ of €4.12.
GuruFocus considers ENAV SpA to be Modestly Overvalued.
Key valuation signals for MIL:ENAV:
Days Inventory: 46.24 (near median its 10-year median of 43.93)
GF Value™: €4.12 vs. price of €5.16 (25.1% above fair value)
Industry Position: 271.3% above the Transportation median (#618 of 796)
No single metric tells the full story. See the MIL:ENAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ENAV SpA is an Italy-based company engaged in providing air navigation and air traffic management services. The Group operates through three segments: Air Navigation Services, Maintenance Services, and AIM Software Solutions Services. The Air Navigation segment provides air traffic control and related services across Italian airspace and airports. The Maintenance segment focuses on the management and maintenance of air traffic control systems and infrastructure. The AIM Software Solutions segment develops software solutions for aeronautical information and air traffic management, along with related commercial and support services. It generates the majority of its revenue from the Flight assistance services segment.
81GF Score
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