Finlogic SpA (MIL:FNL) Days Inventory : 58.90 (As of Dec. 2022)

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What is Finlogic SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Finlogic SpA's Average Total Inventories for the six months ended in Dec. 2022 was €8.19 Mil. Finlogic SpA's Cost of Goods Sold for the six months ended in Dec. 2022 was €25.39 Mil. Hence, Finlogic SpA's Days Inventory for the six months ended in Dec. 2022 was 58.90.

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

MIL:FNL's Days Inventory is not ranked ^*
in the Industrial Products industry.
Industry Median: 121.585
* Ranked among companies with meaningful Days Inventory only.

Finlogic SpA's Days Inventory increased from Dec. 2021 (56.17) to Dec. 2022 (58.90). It might indicate that Finlogic SpA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Finlogic SpA's Inventory Turnover for the six months ended in Dec. 2022 was 3.10.

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. Finlogic SpA's Inventory-to-Revenue for the six months ended in Dec. 2022 was 0.21.

Finlogic SpA Days Inventory Historical Data

The historical data trend for Finlogic 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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Finlogic SpA Days Inventory Chart

Finlogic SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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51.84

54.16

46.24

51.85

55.76

Finlogic SpA Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Days Inventory	Get a 7-Day Free Trial										52.50	49.44	56.17	53.07	58.90

Competitive Comparison of Finlogic SpA's Days Inventory

For the Business Equipment & Supplies subindustry, Finlogic 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.

Finlogic SpA's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Finlogic SpA's Days Inventory distribution charts can be found below:

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

Finlogic SpA Days Inventory Calculation

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

Finlogic 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
=	( (5.272	+	9.088)	/	2 )	/	47.003	*	365
=	7.18					/	47.003	*	365
=	55.76

Finlogic SpA's Days Inventory for the quarter that ended in Dec. 2022 is calculated as:

	Days Inventory (Q: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (7.3	+	9.088)	/	2 )	/	25.387	*	365 / 2
=	8.194					/	25.387	*	365 / 2
=	58.90

Finlogic SpA (MIL:FNL) 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.

Finlogic SpA's Inventory Turnover for the six months ended in Dec. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	25.387	/	8.194
	=	3.10

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.

Finlogic SpA's Inventory to Revenue for the six months ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	8.194	/	38.881
	=	0.21

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.

Finlogic SpA Days Inventory Related Terms

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

Finlogic SpA (MIL:FNL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Finlogic SpA (MIL:FNL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Z.I. Lotto 16 Via Calabria, Acquaviva delle Fonti, Bologna, ITA, 70021

Website

http://www.finlogic.it

Finlogic SpA is engaged in the design and manufacture of products for the foodstuffs, logistics, pharmaceutical, healthcare and cosmetics sectors. It offers labelling production for all production businesses.

Finlogic SpA (MIL:FNL) Headlines

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