GEL SpA (MIL:GEL) Days Inventory: 241.23 (As of Jun. 2024)


MIL:GEL GEL SpA MIL:GEL
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What is GEL SpA Days Inventory?

GEL SpA MIL:GEL 25 Days Inventory is 241.23 as of Jun. 2024. GuruFocus rates MIL:GEL with a GF Score™ of 25/100.

Days Inventory is also known as Days Sales of Inventory (DSI). GEL SpA's Average Total Inventories for the six months ended in Jun. 2024 was €4.29 Mil. GEL SpA's Cost of Goods Sold for the six months ended in Jun. 2024 was €3.24 Mil. Hence, GEL SpA's Days Inventory for the six months ended in Jun. 2024 was 241.23.

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

MIL:GEL's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 119.41
* Ranked among companies with meaningful Days Inventory only.

GEL SpA's Days Inventory declined from Jun. 2023 (252.04) to Jun. 2024 (241.23).

Inventory Turnover measures how fast the company turns over its inventory within a year. GEL SpA's Inventory Turnover for the six months ended in Jun. 2024 was 0.76.

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. GEL SpA's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.56.


GEL SpA  (MIL:GEL) 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.

GEL SpA's Inventory Turnover for the six months ended in Jun. 2024 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.

GEL SpA's Inventory to Revenue for the six months ended in Jun. 2024 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.


GEL SpA Days Inventory Related Terms


GEL SpA Days Inventory Historical Data

* Premium members only.

The historical data trend for GEL 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.

GEL SpA Days Inventory Chart

GEL SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 165.17 147.85 199.53 235.59 219.96

GEL SpA Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 262.61 252.04 245.11 241.23 240.58

MIL:GEL vs VLTO, ZWS, FSS: Days Inventory Comparison

For the Pollution & Treatment Controls subindustry, GEL 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.


GEL SpA Days Inventory vs Industrial Products Industry

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

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


MIL:GEL
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GEL SpA MIL:GEL
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GEL SpA Days Inventory Calculation

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

GEL 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
=( (4.861 + 3.837) / 2 ) / 6.738*365
=4.349 / 6.738*365
=235.59

GEL SpA's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (3.837 + 4.739) / 2 ) / 3.244*365 / 2
=4.288 / 3.244*365 / 2
=241.23

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 241.23 mean?
GEL SpA (MIL:GEL) has a Days Inventory of 241.23 as of Jun. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on GEL SpA and its competitors.
Is GEL SpA's Days Inventory too high?
GEL SpA's current Days Inventory is 241.23. The Industrial Products industry median Days Inventory is 119.41. GEL SpA's value of 241.23 is 102% above this industry median. Overall, GEL SpA has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does GEL SpA's Days Inventory compare to VLTO and ZWS?
GEL SpA's Days Inventory of 241.23 can be compared against companies in the Industrial Products industry. The industry median Days Inventory is 119.41. GEL SpA's value of 241.23 is 102% above this benchmark. 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 an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.41, based on 2,963 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. GEL SpA's current Days Inventory of 241.23 is 102% 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 GEL SpA and its competitors. For the Industrial Products industry, the median Days Inventory is 119.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GEL SpA's current Days Inventory is 241.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GEL SpA stock overvalued right now?
GEL SpA (MIL:GEL) has a current Days Inventory of 241.23. The current Days Inventory is 241.23 and 102% above the Industrial Products industry median of 119.41. GEL SpA's overall GF Score™ is 25/100. 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 GEL SpA (MIL:GEL), the current Days Inventory is 241.23 as of Jun. 2024. 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.

GEL SpA Business Description

Address Via Enzo Ferrari 1, Castelfidardo, ITA, 60022
GEL SpA is an Italian company engaged in the business of designing and manufacturing products to treat water. The company offers filters, disinfectants, softeners, dosers, mud removers, conditioners, and other water treatment products to its clients. In addition, it provides water treatment services for the following divisions; Medical, Food, and Mobile Installations. Desalination services and leachate treatment services are also provided by the company.
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