Piquadro SpAMIL:PQ +2.24%83 Days Inventory is 374.57 as of Sep. 2025, which is 4% below its 10-year median of 389.58. GuruFocus rates MIL:PQ with a GF Score™ of 83/100 and a GF Value™ of €2.20 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,005 Manufacturing - Apparel & Accessories companies, Piquadro SpA ranks worse than 91.14% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Piquadro SpA's Average Total Inventories for the
six
months ended in Sep. 2025 was €42.3 Mil. Piquadro SpA's Cost of Goods Sold for the
six
months ended in Sep. 2025 was €20.6 Mil.
Hence, Piquadro SpA's Days Inventory for the
six
months ended in Sep. 2025 was 374.57.
The historical rank and industry rank for Piquadro SpA's Days Inventory or its related term are showing as below:
MIL:PQ'
s Days Inventory Range Over the Past 10 Years
Min: 265.39 Med: 389.58 Max: 564.01
Current: 367.93
During the past 13 years, Piquadro SpA's highest Days Inventory was 564.01. The lowest was 265.39. And the median was 389.58.
MIL:PQ's Days Inventory is ranked worse than 91.14% of 1005
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.75
vs MIL:PQ: 367.93
Piquadro SpA's Days Inventory
declined
from Sep. 2024 (522.51) to Sep. 2025 (374.57).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Piquadro SpA's Inventory Turnover for the
six
months ended in Sep. 2025 was 0.49.
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.
Piquadro SpA's Inventory-to-Revenue for the
six
months ended in Sep. 2025 was 0.48.
Piquadro SpA (MIL:PQ) 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.
Piquadro SpA's Inventory Turnover for the
six
months ended in Sep. 2025 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.
Piquadro SpA's Inventory to Revenue for the
six
months ended in Sep. 2025 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.
Piquadro SpA Days Inventory Related Terms
Piquadro SpA Days Inventory Historical Data
* Premium members only.
The historical data trend for Piquadro 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.
MIL:PQ vs NKE, DECK, ONON: Days Inventory Comparison
For the Footwear & Accessories subindustry, Piquadro 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.
Piquadro SpA Days Inventory vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Piquadro SpA's Days Inventory distribution charts can be found below:
* The bar in red indicates where Piquadro SpA's Days Inventory falls into.
* 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.
Piquadro SpA (MIL:PQ) has a Days Inventory of 374.57 as of Sep. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Piquadro SpA and its competitors. This is near median its historical median of 389.58. Over the past decade, Piquadro SpA's Days Inventory has ranged from 265.39 to 564.01. According to the industry distribution chart, Piquadro SpA ranks #916 out of 1005 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 91.1%.
Is Piquadro SpA's Days Inventory too high?
Piquadro SpA's current Days Inventory of 374.57 is near median its 10-year median of 389.58. Over the past 10 years, this metric has ranged from a low of 265.39 to a high of 564.01. The Manufacturing - Apparel & Accessories industry median Days Inventory is 132.75. Piquadro SpA's value of 374.57 is 182.2% above this industry median. Based on the distribution chart, Piquadro SpA ranks #916 out of 1005 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Piquadro SpA has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Piquadro SpA's Days Inventory compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Piquadro SpA ranks #916 out of 1005 companies for Days Inventory. This places Piquadro SpA in the lower half of its industry. The industry median Days Inventory is 132.75. Piquadro SpA's value of 374.57 is 182.2% above this benchmark. Historically, Piquadro SpA's own Days Inventory has ranged from 265.39 to 564.01 over the past decade. While the company's 10-year median is 389.58 vs. the industry median of 132.75, Piquadro 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 Manufacturing - Apparel & Accessories company?
The median Days Inventory among Manufacturing - Apparel & Accessories companies is 132.75, based on 1,005 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. Piquadro SpA's current Days Inventory of 374.57 is 182.2% 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 Piquadro SpA and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Inventory is 132.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Piquadro SpA's current Days Inventory is 374.57, which is near median its own 10-year median of 389.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piquadro SpA stock overvalued right now?
Based on GuruFocus' analysis, Piquadro SpA (MIL:PQ) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.20, compared to a current price of €2.74 — trading 24.5% above its estimated fair value. The current Days Inventory is 374.57, which is near median its 10-year median of 389.58 and 182.2% above the Manufacturing - Apparel & Accessories industry median of 132.75. Piquadro SpA's overall GF Score™ is 83/100 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 Piquadro SpA (MIL:PQ), the current Days Inventory is 374.57 as of Sep. 2025. 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 Piquadro SpA (MIL:PQ) Overvalued in 2026?
Based on GuruFocus' analysis, Piquadro SpA stock appears to be overvalued.
The current stock price of €2.74 is trading 24.5% above its estimated GF Value™ of €2.20.
GuruFocus considers Piquadro SpA to be Modestly Overvalued.
Key valuation signals for MIL:PQ:
Days Inventory: 374.57 (near median its 10-year median of 389.58)
GF Value™: €2.20 vs. price of €2.74 (24.5% above fair value)
Industry Position: 182.2% above the Manufacturing - Apparel & Accessories median (#916 of 1005)
No single metric tells the full story. See the MIL:PQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Piquadro SpA operates in the leather goods market. It is engaged in the design, manufacturing, and marketing of leather goods. The company's product portfolio includes bags and briefcases, women's purses, small leather articles such as wallets, billfolds, key holders, etc., sneakers, jackets, and others. The products are marketed through Piquadro, The Bridge, and Lancel brands which are also the company's reportable segments. Maximum revenue is generated from the Piquadro segment. Geographically, the company derives maximum revenue from Europe (excluding Italy) followed by Italy, and other regions.
83GF Score
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