Fine Foods & Pharmaceuticals NTM SpA (MIL:FF) Days Inventory : 118.79 (As of Sep. 2024)

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What is Fine Foods & Pharmaceuticals NTM SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fine Foods & Pharmaceuticals NTM SpA's Average Total Inventories for the three months ended in Sep. 2024 was €41.0 Mil. Fine Foods & Pharmaceuticals NTM SpA's Cost of Goods Sold for the three months ended in Sep. 2024 was €31.5 Mil. Hence, Fine Foods & Pharmaceuticals NTM SpA's Days Inventory for the three months ended in Sep. 2024 was 118.79.

The historical rank and industry rank for Fine Foods & Pharmaceuticals NTM SpA's Days Inventory or its related term are showing as below:

MIL:FF' s Days Inventory Range Over the Past 10 Years
Min: 70.59 Med: 84.07 Max: 107.58
Current: 106.69

During the past 8 years, Fine Foods & Pharmaceuticals NTM SpA's highest Days Inventory was 107.58. The lowest was 70.59. And the median was 84.07.

MIL:FF's Days Inventory is ranked worse than
63.84% of 1817 companies
in the Consumer Packaged Goods industry
Industry Median: 82.43 vs MIL:FF: 106.69

Fine Foods & Pharmaceuticals NTM SpA's Days Inventory declined from Sep. 2023 (123.47) to Sep. 2024 (118.79).

Inventory Turnover measures how fast the company turns over its inventory within a year. Fine Foods & Pharmaceuticals NTM SpA's Inventory Turnover for the three months ended in Sep. 2024 was 0.77.

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. Fine Foods & Pharmaceuticals NTM SpA's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.74.

Fine Foods & Pharmaceuticals NTM SpA Days Inventory Historical Data

The historical data trend for Fine Foods & Pharmaceuticals NTM 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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Fine Foods & Pharmaceuticals NTM SpA Days Inventory Chart

Fine Foods & Pharmaceuticals NTM SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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84.02

70.59

84.11

107.58

95.62

Fine Foods & Pharmaceuticals NTM SpA Quarterly Data
	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial															123.47	96.15	97.91	116.15	118.79

Competitive Comparison of Fine Foods & Pharmaceuticals NTM SpA's Days Inventory

For the Packaged Foods subindustry, Fine Foods & Pharmaceuticals NTM 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.

Fine Foods & Pharmaceuticals NTM SpA's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fine Foods & Pharmaceuticals NTM SpA's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fine Foods & Pharmaceuticals NTM SpA's Days Inventory falls into.

Fine Foods & Pharmaceuticals NTM SpA Days Inventory Calculation

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

Fine Foods & Pharmaceuticals NTM 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
=	( (40.422	+	42.46)	/	2 )	/	158.189	*	365
=	41.441					/	158.189	*	365
=	95.62

Fine Foods & Pharmaceuticals NTM SpA's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (42.359	+	39.561)	/	2 )	/	31.465	*	365 / 4
=	40.96					/	31.465	*	365 / 4
=	118.79

Fine Foods & Pharmaceuticals NTM SpA (MIL:FF) 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.

Fine Foods & Pharmaceuticals NTM SpA's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	31.465	/	40.96
	=	0.77

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.

Fine Foods & Pharmaceuticals NTM SpA's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	40.96	/	55.131
	=	0.74

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.

Fine Foods & Pharmaceuticals NTM SpA Days Inventory Related Terms

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

Fine Foods & Pharmaceuticals NTM SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fine Foods & Pharmaceuticals NTM SpA (MIL:FF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

9S5:Germany

Address

Via Berlino, 39, Verdellino, Zingonia, Bergamo, ITA, 24040

Website

https://www.finefoods.it

Fine Foods & Pharmaceuticals NTM SpA is engaged in contract development and manufacturing of pharmaceuticals, nutraceuticals, and medical devices in solid oral forms. The company produces pharmaceutical products such as powders and granules, tablets, film tablets, and hard gelatin capsules, packed in sachets, blisters, and pillows.