GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Laboratorio Farmaceutico Erfo SpA (MIL:ERFO) » Definitions » Days Inventory

Laboratorio Farmaceutico Erfo SpA (MIL:ERFO) Days Inventory : 94.03 (As of Jun. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Laboratorio Farmaceutico Erfo SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Laboratorio Farmaceutico Erfo SpA's Average Total Inventories for the six months ended in Jun. 2023 was €0.95 Mil. Laboratorio Farmaceutico Erfo SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was €1.84 Mil. Hence, Laboratorio Farmaceutico Erfo SpA's Days Inventory for the six months ended in Jun. 2023 was 94.03.

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

MIL:ERFO' s Days Inventory Range Over the Past 10 Years
Min: 95.08   Med: 167.43   Max: 226.48
Current: 99.39

During the past 5 years, Laboratorio Farmaceutico Erfo SpA's highest Days Inventory was 226.48. The lowest was 95.08. And the median was 167.43.

MIL:ERFO's Days Inventory is ranked worse than
59.72% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.17 vs MIL:ERFO: 99.39

Laboratorio Farmaceutico Erfo SpA's Days Inventory increased from Jun. 2022 (86.65) to Jun. 2023 (94.03). It might indicate that Laboratorio Farmaceutico Erfo SpA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Laboratorio Farmaceutico Erfo SpA's Inventory Turnover for the six months ended in Jun. 2023 was 1.94.

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. Laboratorio Farmaceutico Erfo SpA's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.30.

Laboratorio Farmaceutico Erfo SpA Days Inventory Historical Data

The historical data trend for Laboratorio Farmaceutico Erfo 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.

Laboratorio Farmaceutico Erfo SpA Days Inventory Chart

Laboratorio Farmaceutico Erfo SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
220.17 226.48 95.08 114.69 98.48

Laboratorio Farmaceutico Erfo SpA Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial 93.17 86.65 127.40 94.03 106.13

Competitive Comparison of Laboratorio Farmaceutico Erfo SpA's Days Inventory

For the Packaged Foods subindustry, Laboratorio Farmaceutico Erfo 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.

Laboratorio Farmaceutico Erfo SpA's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Laboratorio Farmaceutico Erfo SpA's Days Inventory distribution charts can be found below:

* The bar in red indicates where Laboratorio Farmaceutico Erfo SpA's Days Inventory falls into.


Laboratorio Farmaceutico Erfo SpA Days Inventory Calculation

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

Laboratorio Farmaceutico Erfo SpA's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.606 + 0.911) / 2 ) / 2.414*365
=0.7585 / 2.414*365
=114.69

Laboratorio Farmaceutico Erfo SpA's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (0.911 + 0.98) / 2 ) / 1.835*365 / 2
=0.9455 / 1.835*365 / 2
=94.03

* 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.

Laboratorio Farmaceutico Erfo SpA  (MIL:ERFO) 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.

Laboratorio Farmaceutico Erfo SpA's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=1.835 / 0.9455
=1.94

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.

Laboratorio Farmaceutico Erfo SpA's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.9455 / 3.173
=0.30

* 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.

Laboratorio Farmaceutico Erfo SpA Days Inventory Related Terms

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

Laboratorio Farmaceutico Erfo SpA (MIL:ERFO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Laboratorio Farmaceutico Erfo SpA (MIL:ERFO) » Definitions » Days Inventory
Comparable Companies
MIL:ESIGM MIL:CLI XSWX:NESN KHC XPAR:BN GIS SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF BIMBOA HRL K MKC SGX:F34 SAU:2280 DUB:KRZ XAMS:JDEP
Traded in Other Exchanges
RK7:Germany
Address
Viale Geki Russo Lo. Pontegallo, Villafranca Tirrena, Messina, ITA, 98049
Website
https://www.erfo.it
Laboratorio Farmaceutico Erfo SpA operates in the nutraceutical sector. The company specializes in the formulation and production of food supplements, and natural medicines in different forms such as liquids, powders, granules, tablets, and soft gels.

Laboratorio Farmaceutico Erfo SpA (MIL:ERFO) Headlines

No Headlines