Reti SpA (MIL:RETI) Days Inventory : 0.30 (As of Jun. 2024)

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What is Reti SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Reti SpA's Average Total Inventories for the six months ended in Jun. 2024 was €0.02 Mil. Reti SpA's Cost of Goods Sold for the six months ended in Jun. 2024 was €11.65 Mil. Hence, Reti SpA's Days Inventory for the six months ended in Jun. 2024 was 0.30.

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

MIL:RETI' s Days Inventory Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.3
Current: 0.3

During the past 6 years, Reti SpA's highest Days Inventory was 0.30. The lowest was 0.00. And the median was 0.00.

MIL:RETI's Days Inventory is ranked better than
94.22% of 1593 companies
in the Software industry
Industry Median: 20.5 vs MIL:RETI: 0.30

Reti SpA's Days Inventory increased from Jun. 2023 (0.00) to Jun. 2024 (0.30). It might indicate that Reti SpA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Reti SpA's Inventory Turnover for the six months ended in Jun. 2024 was 613.26.

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. Reti SpA's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.00.

Reti SpA Days Inventory Historical Data

The historical data trend for Reti 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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Reti SpA Days Inventory Chart

Reti SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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Reti SpA Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Inventory	Get a 7-Day Free Trial						-	-	-	-	0.30

Competitive Comparison of Reti SpA's Days Inventory

For the Information Technology Services subindustry, Reti 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.

Reti SpA's Days Inventory Distribution in the Software Industry

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

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

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Reti SpA Days Inventory Calculation

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

Reti 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
=	( (0	+	0)	/	1 )	/	22.571	*	365
=	0					/	22.571	*	365
=	0.00

Reti 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
=	( (0	+	0.019)	/	1 )	/	11.652	*	365 / 2
=	0.019					/	11.652	*	365 / 2
=	0.30

Reti SpA (MIL:RETI) 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.

Reti SpA's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	11.652	/	0.019
	=	613.26

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.

Reti SpA's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.019	/	16.063
	=	0.00

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.

Reti SpA Days Inventory Related Terms

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

Reti SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Reti SpA (MIL:RETI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Dante, 6, Busto Arsizio, ITA, 21052

Website

https://www.reti.it

Reti SpA operates in the IT consulting field, specializing in System Integration services. It supports mid and large corporates in digital transformation by offering IT solutions, business consulting, and managed service provider services. The various services provided by the company include; the integration of AI into existing business processes, designing and implementing solutions for business data analysis, executing cloud migration and development projects, management and maintenance of IT infrastructures and applications, providing consultancy in project management and business analyst fields, and others. Geographically, the company generates all of its revenue from its business in Italy.

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