Gruppo Green Power SpA (MIL:GGP) Days Inventory: 65.63 (As of Jun. 2020)


MIL:GGP Gruppo Green Power SpA MIL:GGP
4 GF Score
Price €4.59
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What is Gruppo Green Power SpA Days Inventory?

Gruppo Green Power SpA MIL:GGP 4 Days Inventory is 65.63 as of Jun. 2020. GuruFocus rates MIL:GGP with a GF Score™ of 4/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Gruppo Green Power SpA's Average Total Inventories for the six months ended in Jun. 2020 was €1.37 Mil. Gruppo Green Power SpA's Cost of Goods Sold for the six months ended in Jun. 2020 was €3.80 Mil. Hence, Gruppo Green Power SpA's Days Inventory for the six months ended in Jun. 2020 was 65.63.

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

MIL:GGP's Days Inventory is not ranked *
in the Semiconductors industry.
Industry Median: 111.84
* Ranked among companies with meaningful Days Inventory only.

Gruppo Green Power SpA's Days Inventory increased from Jun. 2019 (52.58) to Jun. 2020 (65.63). It might indicate that Gruppo Green Power SpA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gruppo Green Power SpA's Inventory Turnover for the six months ended in Jun. 2020 was 2.78.

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. Gruppo Green Power SpA's Inventory-to-Revenue for the six months ended in Jun. 2020 was 0.41.


Gruppo Green Power SpA  (MIL:GGP) 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.

Gruppo Green Power SpA's Inventory Turnover for the six months ended in Jun. 2020 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.

Gruppo Green Power SpA's Inventory to Revenue for the six months ended in Jun. 2020 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.


Gruppo Green Power SpA Days Inventory Related Terms


Gruppo Green Power SpA Days Inventory Historical Data

* Premium members only.

The historical data trend for Gruppo Green Power 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.

Gruppo Green Power SpA Days Inventory Chart

Gruppo Green Power SpA Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Inventory
Get a 7-Day Free Trial Premium Member Only 44.74 70.71 62.36 63.14 47.80

Gruppo Green Power SpA Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 65.61 55.26 52.58 50.59 65.63

MIL:GGP vs ENPH, SEDG, FSLR: Days Inventory Comparison

For the Solar subindustry, Gruppo Green Power 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.


Gruppo Green Power SpA Days Inventory vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Gruppo Green Power SpA's Days Inventory distribution charts can be found below:

* The bar in red indicates where Gruppo Green Power SpA's Days Inventory falls into.


MIL:GGP
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Gruppo Green Power SpA MIL:GGP
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Gruppo Green Power SpA Days Inventory Calculation

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

Gruppo Green Power SpA's Days Inventory for the fiscal year that ended in Dec. 2019 is calculated as

Days Inventory (A: Dec. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (1.93 + 1.478) / 2 ) / 13.013*365
=1.704 / 13.013*365
=47.80

Gruppo Green Power SpA's Days Inventory for the quarter that ended in Jun. 2020 is calculated as:

Days Inventory (Q: Jun. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2019 ) + Total Inventories (Q: Jun. 2020 )) / count ) / Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=( (1.478 + 1.253) / 2 ) / 3.797*365 / 2
=1.3655 / 3.797*365 / 2
=65.63

* 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 65.63 mean?
Gruppo Green Power SpA (MIL:GGP) has a Days Inventory of 65.63 as of Jun. 2020. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Gruppo Green Power SpA and its competitors.
Is Gruppo Green Power SpA's Days Inventory too high?
Gruppo Green Power SpA's current Days Inventory is 65.63. The Semiconductors industry median Days Inventory is 111.84. Gruppo Green Power SpA's value of 65.63 is 41.3% below this industry median. Overall, Gruppo Green Power SpA has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Gruppo Green Power SpA's Days Inventory compare to ENPH and SEDG?
Gruppo Green Power SpA's Days Inventory of 65.63 can be compared against companies in the Semiconductors industry. The industry median Days Inventory is 111.84. Gruppo Green Power SpA's value of 65.63 is 41.3% below 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 a Semiconductors company?
The median Days Inventory among Semiconductors companies is 111.84, based on 981 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. Gruppo Green Power SpA's current Days Inventory of 65.63 is 41.3% below 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 Gruppo Green Power SpA and its competitors. For the Semiconductors industry, the median Days Inventory is 111.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gruppo Green Power SpA's current Days Inventory is 65.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gruppo Green Power SpA stock overvalued right now?
Gruppo Green Power SpA (MIL:GGP) has a current Days Inventory of 65.63. The current Days Inventory is 65.63 and 41.3% below the Semiconductors industry median of 111.84. Gruppo Green Power SpA's overall GF Score™ is 4/100. 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 Gruppo Green Power SpA (MIL:GGP), the current Days Inventory is 65.63 as of Jun. 2020. 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.

Gruppo Green Power SpA Business Description

Address Via Varotara 57, Mirano, ITA, 30035
Gruppo Green Power SpA provides services related to energy from renewable resources, such as water, sun, wind and geothermal energy. It offers photovoltaic systems, mini wind solar thermal systems and services.
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