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ICOP SpA (MIL:ICOP) Days Inventory : 297.43 (As of Dec. 2023)


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What is ICOP SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ICOP SpA's Average Total Inventories for the six months ended in Dec. 2023 was €27.7 Mil. ICOP SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €34.0 Mil. Hence, ICOP SpA's Days Inventory for the six months ended in Dec. 2023 was 148.72.

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

MIL:ICOP' s Days Inventory Range Over the Past 10 Years
Min: 188.52   Med: 242.98   Max: 297.43
Current: 297.43

During the past 2 years, ICOP SpA's highest Days Inventory was 297.43. The lowest was 188.52. And the median was 242.98.

MIL:ICOP's Days Inventory is ranked worse than
91.14% of 1444 companies
in the Construction industry
Industry Median: 48.145 vs MIL:ICOP: 297.43

ICOP SpA's Days Inventory increased from . 20 (0.00) to Dec. 2023 (297.43). It might indicate that ICOP SpA's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. ICOP SpA's Inventory Turnover for the six months ended in Dec. 2023 was 1.23.

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. ICOP SpA's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.24.

ICOP SpA Days Inventory Historical Data

The historical data trend for ICOP 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.

ICOP SpA Days Inventory Chart

ICOP SpA Annual Data
Trend Dec22 Dec23
Days Inventory
188.52 297.43

ICOP SpA Semi-Annual Data
Dec22 Dec23
Days Inventory 188.52 297.43

Competitive Comparison of ICOP SpA's Days Inventory

For the Engineering & Construction subindustry, ICOP 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.

ICOP SpA's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, ICOP SpA's Days Inventory distribution charts can be found below:

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


ICOP SpA Days Inventory Calculation

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

ICOP 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
=( (25.656 + 29.782) / 2 ) / 34.016*365
=27.719 / 34.016*365
=297.43

ICOP SpA's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (25.656 + 29.782) / 2 ) / 34.016*365 / 2
=27.719 / 34.016*365 / 2
=148.72

* 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.

ICOP SpA  (MIL:ICOP) 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.

ICOP SpA's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=34.016 / 27.719
=1.23

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.

ICOP SpA's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=27.719 / 117.089
=0.24

* 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.

ICOP SpA Days Inventory Related Terms

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ICOP SpA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » ICOP SpA (MIL:ICOP) » Definitions » Days Inventory
Comparable Companies
Traded in Other Exchanges
ZU2:Germany
Address
Via Silvio Pellico, 2, Basiliano (UD), ITA, 33031
Website
https://www.icop.it
ICOP SpA operates domestically and internationally in the construction and engineering works sector. It is engaged in (i) special foundations; (ii) microtunnelling technologies ; (iii) maritime works (specialist works) and carries out, secondarily, (iv) public-private partnership (PPP) works and other infrastructure works.