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Piquadro SpA (MIL:PQ) Days Inventory : 118.57 (As of Mar. 2024)


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What is Piquadro SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Piquadro SpA's Average Total Inventories for the six months ended in Mar. 2024 was €37.4 Mil. Piquadro SpA's Cost of Goods Sold for the six months ended in Mar. 2024 was €57.5 Mil. Hence, Piquadro SpA's Days Inventory for the six months ended in Mar. 2024 was 118.57.

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: 95.72   Med: 129.1   Max: 180.66
Current: 125

During the past 13 years, Piquadro SpA's highest Days Inventory was 180.66. The lowest was 95.72. And the median was 129.10.

MIL:PQ's Days Inventory is ranked better than
50.55% of 1005 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 127.19 vs MIL:PQ: 125.00

Piquadro SpA's Days Inventory declined from Mar. 2023 (124.92) to Mar. 2024 (118.57).

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 Mar. 2024 was 1.54.

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 Mar. 2024 was 0.40.


Piquadro SpA Days Inventory Historical Data

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.

* Premium members only.

Piquadro SpA Days Inventory Chart

Piquadro SpA Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 134.39 180.66 154.59 132.15 124.85

Piquadro SpA Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 141.86 147.94 124.92 132.31 118.57

Competitive Comparison of Piquadro SpA's Days Inventory

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's Days Inventory Distribution in the 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.



Piquadro SpA Days Inventory Calculation

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

Piquadro SpA's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (37.428 + 37.255) / 2 ) / 109.166*365
=37.3415 / 109.166*365
=124.85

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

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (37.473 + 37.255) / 2 ) / 57.51*365 / 2
=37.364 / 57.51*365 / 2
=118.57

* 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) 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 Mar. 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.

Piquadro SpA's Inventory to Revenue for the six months ended in Mar. 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.


Piquadro SpA Days Inventory Related Terms

Thank you for viewing the detailed overview of Piquadro SpA's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Piquadro SpA Business Description

Traded in Other Exchanges
Address
Localita Sassuriano, 246, Silla di Gaggio Montano, Bologna, ITA, 40041
Piquadro SpA operates in the leather goods market. The company designs, manufactures and markets goods under its own brand name. Its products include women's bags, travel bags, briefcases, belts, wallets, key rings, cigar cases among others. The company's operating segment includes Piquadro; The Bridge and Lancel. It generates maximum revenue from the Lancel segment. Geographically, it derives a majority of revenue from Europe and also has a presence in Italy and the Rest of the World.

Piquadro SpA Headlines

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