Radici Pietro Industries & Brands SpA (MIL:RAD) Days Inventory : 200.79 (As of Jun. 2024)

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What is Radici Pietro Industries & Brands SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Radici Pietro Industries & Brands SpA's Average Total Inventories for the six months ended in Jun. 2024 was €23.72 Mil. Radici Pietro Industries & Brands SpA's Cost of Goods Sold for the six months ended in Jun. 2024 was €21.56 Mil. Hence, Radici Pietro Industries & Brands SpA's Days Inventory for the six months ended in Jun. 2024 was 200.79.

The historical rank and industry rank for Radici Pietro Industries & Brands SpA's Days Inventory or its related term are showing as below:

MIL:RAD' s Days Inventory Range Over the Past 10 Years
Min: 134.43 Med: 176.19 Max: 221.8
Current: 194.42

During the past 7 years, Radici Pietro Industries & Brands SpA's highest Days Inventory was 221.80. The lowest was 134.43. And the median was 176.19.

MIL:RAD's Days Inventory is ranked worse than
86.09% of 417 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 102.4 vs MIL:RAD: 194.42

Radici Pietro Industries & Brands SpA's Days Inventory increased from Jun. 2023 (192.48) to Jun. 2024 (200.79). It might indicate that Radici Pietro Industries & Brands SpA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Radici Pietro Industries & Brands SpA's Inventory Turnover for the six months ended in Jun. 2024 was 0.91.

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. Radici Pietro Industries & Brands SpA's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.80.

Radici Pietro Industries & Brands SpA Days Inventory Historical Data

The historical data trend for Radici Pietro Industries & Brands 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.

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Radici Pietro Industries & Brands SpA Days Inventory Chart

Radici Pietro Industries & Brands SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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157.48

221.80

208.79

176.19

185.47

Radici Pietro Industries & Brands SpA Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Inventory	Get a 7-Day Free Trial								174.93	191.75	192.48	183.37	200.79

Competitive Comparison of Radici Pietro Industries & Brands SpA's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Radici Pietro Industries & Brands 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.

Radici Pietro Industries & Brands SpA's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Radici Pietro Industries & Brands SpA's Days Inventory distribution charts can be found below:

* The bar in red indicates where Radici Pietro Industries & Brands SpA's Days Inventory falls into.

Radici Pietro Industries & Brands SpA Days Inventory Calculation

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

Radici Pietro Industries & Brands 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
=	( (21.502	+	22.087)	/	2 )	/	42.89	*	365
=	21.7945					/	42.89	*	365
=	185.47

Radici Pietro Industries & Brands SpA's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

	Days Inventory (Q: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (22.087	+	25.348)	/	2 )	/	21.557	*	365 / 2
=	23.7175					/	21.557	*	365 / 2
=	200.79

Radici Pietro Industries & Brands SpA (MIL:RAD) 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.

Radici Pietro Industries & Brands SpA's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	21.557	/	23.7175
	=	0.91

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.

Radici Pietro Industries & Brands SpA's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	23.7175	/	29.824
	=	0.80

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.

Radici Pietro Industries & Brands SpA Days Inventory Related Terms

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

Radici Pietro Industries & Brands SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Radici Pietro Industries & Brands SpA (MIL:RAD) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Cavalier Pietro Radici, 19, Cazzano Sant'Andrea, Bergamo, ITA, 24026

Website

http://www.sit-in.it

Radici Pietro Industries & Brands SpA is engaged in the carpet business. It offers carpets for various industries such as Hotels, Offices, Ships, Aircraftm Automotive, Residential and others.

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