Seco SpA (MIL:IOT) Days Inventory: 209.30 (As of Mar. 2026) — 21% Below Median


MIL:IOT Seco SpA MIL:IOT
81 GF Score
Price €3.13
GF Value €3.07
Valuation Fairly Valued
! 5 Warning Signs
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What is Seco SpA Days Inventory?

Seco SpA MIL:IOT +0.64% 81 Days Inventory is 209.30 as of Mar. 2026, which is 21% below its 10-year median of 265.91. GuruFocus rates MIL:IOT with a GF Score™ of 81/100 and a GF Value™ of €3.07 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,413 Hardware companies, Seco SpA ranks worse than 90.76% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Seco SpA's Average Total Inventories for the three months ended in Mar. 2026 was €68.9 Mil. Seco SpA's Cost of Goods Sold for the three months ended in Mar. 2026 was €30.1 Mil. Hence, Seco SpA's Days Inventory for the three months ended in Mar. 2026 was 209.30.

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

MIL:IOT' s Days Inventory Range Over the Past 10 Years
Min: 221.29   Med: 265.91   Max: 313.71
Current: 279.71

During the past 8 years, Seco SpA's highest Days Inventory was 313.71. The lowest was 221.29. And the median was 265.91.

MIL:IOT's Days Inventory is ranked worse than
90.76% of 2413 companies
in the Hardware industry
Industry Median: 94.29 vs MIL:IOT: 279.71

Seco SpA's Days Inventory declined from Mar. 2025 (219.41) to Mar. 2026 (209.30).

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. Seco SpA's Inventory Turnover for the three months ended in Mar. 2026 was 0.44.

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. Seco SpA's Inventory-to-Revenue for the three months ended in Mar. 2026 was 1.41.


Seco SpA  (MIL:IOT) 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.

Seco SpA's Inventory Turnover for the three months ended in Mar. 2026 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.

Seco SpA's Inventory to Revenue for the three months ended in Mar. 2026 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.


Seco SpA Days Inventory Related Terms


Seco SpA Days Inventory Historical Data

* Premium members only.

The historical data trend for Seco 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.

Seco SpA Days Inventory Chart

Seco SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial 278.70 241.75 307.99 313.71 268.66

Seco SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only 219.41 411.08 147.13 3,226.48 209.30

MIL:IOT vs SNDK, DELL, STX: Days Inventory Comparison

For the Computer Hardware subindustry, Seco 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.


Seco SpA Days Inventory vs Hardware Industry

For the Hardware industry and Technology sector, Seco SpA's Days Inventory distribution charts can be found below:

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


MIL:IOT
81GF Score
Seco SpA MIL:IOT
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Seco SpA Days Inventory Calculation

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

Seco SpA's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (71.556 + 63.464) / 2 ) / 91.718*365
=67.51 / 91.718*365
=268.66

Seco SpA's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (63.464 + 74.396) / 2 ) / 30.052*365 / 4
=68.93 / 30.052*365 / 4
=209.30

* 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 209.30 mean?
Seco SpA (MIL:IOT) has a Days Inventory of 209.30 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Seco SpA and its competitors. This is 21% below median its historical median of 265.91. Over the past decade, Seco SpA's Days Inventory has ranged from 221.29 to 313.71. According to the industry distribution chart, Seco SpA ranks #2190 out of 2413 companies in the Hardware industry, placing it in the top 90.8%.
Is Seco SpA's Days Inventory too high?
Seco SpA's current Days Inventory of 209.30 is 21% below median its 10-year median of 265.91. Over the past 10 years, this metric has ranged from a low of 221.29 to a high of 313.71. The Hardware industry median Days Inventory is 94.29. Seco SpA's value of 209.30 is 122% above this industry median. Based on the distribution chart, Seco SpA ranks #2190 out of 2413 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Seco SpA has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Seco SpA's Days Inventory compare to SNDK and DELL?
According to the Hardware industry distribution chart, Seco SpA ranks #2190 out of 2413 companies for Days Inventory. This places Seco SpA in the lower half of its industry. The industry median Days Inventory is 94.29. Seco SpA's value of 209.30 is 122% above this benchmark. Historically, Seco SpA's own Days Inventory has ranged from 221.29 to 313.71 over the past decade. While the company's 10-year median is 265.91 vs. the industry median of 94.29, Seco SpA has consistently been above the industry average. 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 Hardware company?
The median Days Inventory among Hardware companies is 94.29, based on 2,413 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. Seco SpA's current Days Inventory of 209.30 is 122% 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 Seco SpA and its competitors. For the Hardware industry, the median Days Inventory is 94.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seco SpA's current Days Inventory is 209.30, which is 21% below median its own 10-year median of 265.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seco SpA stock overvalued right now?
Based on GuruFocus' analysis, Seco SpA (MIL:IOT) is currently considered Fairly Valued. The stock's GF Value™ is €3.07, compared to a current price of €3.13 — trading 2% above its estimated fair value. The current Days Inventory is 209.30, which is 21% below median its 10-year median of 265.91 and 122% above the Hardware industry median of 94.29. Seco SpA's overall GF Score™ is 81/100 with 5 warning signs to review. 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 Seco SpA (MIL:IOT), the current Days Inventory is 209.30 as of Mar. 2026. 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.

Is Seco SpA (MIL:IOT) Overvalued in 2026?

Based on GuruFocus' analysis, Seco SpA stock appears to be overvalued. The current stock price of €3.13 is trading 2% above its estimated GF Value™ of €3.07. GuruFocus considers Seco SpA to be Fairly Valued.

Key valuation signals for MIL:IOT:

  • Days Inventory: 209.30 (21% below median its 10-year median of 265.91)
  • GF Value™: €3.07 vs. price of €3.13 (2% above fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 122% above the Hardware median (#2190 of 2413)

No single metric tells the full story. See the MIL:IOT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Seco SpA Business Description

Other Exchanges 7GV:Germany
Address Via Achille Grandi 20, Arezzo, ITA, 52100
Seco SpA is engaged in designing and developing embedded computing solutions and technologies for the digitization of industrial products, focusing on Edge Computing, Internet of Things (IoT), and Artificial Intelligence (AI). The group mainly serves industrial OEMs and system integrators through a business-to-business model, offering both hardware solutions-such as modules, single board computers, and HMI systems-and its proprietary Clea IoT-AI software platform for connectivity, device management, and AI deployment. The company operates through two segments: Seco and Seco NE.
81GF Score

Get the complete analysis for MIL:IOT

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.13
Price
€3.07
GF Value