Reply SpAMIL:REY +1.19%83 Days Inventory is 20.56 as of Mar. 2026, which is 50% below its 10-year median of 41.48. GuruFocus rates MIL:REY with a GF Score™ of 83/100 and a GF Value™ of €146.37 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,648 Software companies, Reply SpA ranks worse than 60.38% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Reply SpA's Average Total Inventories for the
three
months ended in Mar. 2026 was €83 Mil. Reply SpA's Cost of Goods Sold for the
three
months ended in Mar. 2026 was €371 Mil.
Hence, Reply SpA's Days Inventory for the
three
months ended in Mar. 2026 was 20.56.
The historical rank and industry rank for Reply SpA's Days Inventory or its related term are showing as below:
MIL:REY'
s Days Inventory Range Over the Past 10 Years
Min: 17.11 Med: 41.48 Max: 62.21
Current: 34.62
During the past 13 years, Reply SpA's highest Days Inventory was 62.21. The lowest was 17.11. And the median was 41.48.
MIL:REY's Days Inventory is ranked worse than 60.38% of 1648
companies
in the Software industry
Industry Median: 20.09
vs MIL:REY: 34.62
Reply SpA's Days Inventory
increased
from Mar. 2025 (18.24) to Mar. 2026 (20.56).
It might indicate that Reply SpA's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Reply SpA's Inventory Turnover for the
three
months ended in Mar. 2026 was 4.44.
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.
Reply SpA's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.13.
Reply SpA (MIL:REY) 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.
Reply 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.
Reply 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.
Reply SpA Days Inventory Related Terms
Reply SpA Days Inventory Historical Data
* Premium members only.
The historical data trend for Reply 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:REY vs IBM, ACN, FISV: Days Inventory Comparison
For the Information Technology Services subindustry, Reply 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.
Reply SpA Days Inventory vs Software Industry
For the Software industry and Technology sector, Reply SpA's Days Inventory distribution charts can be found below:
* The bar in red indicates where Reply 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.
Reply SpA (MIL:REY) has a Days Inventory of 20.56 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Reply SpA and its competitors. This is 50% below median its historical median of 41.48. Over the past decade, Reply SpA's Days Inventory has ranged from 17.11 to 62.21. According to the industry distribution chart, Reply SpA ranks #995 out of 1648 companies in the Software industry, placing it in the top 60.4%.
Is Reply SpA's Days Inventory too high?
Reply SpA's current Days Inventory of 20.56 is 50% below median its 10-year median of 41.48. Over the past 10 years, this metric has ranged from a low of 17.11 to a high of 62.21. The Software industry median Days Inventory is 20.09. Reply SpA's value of 20.56 is 2.3% above this industry median. Based on the distribution chart, Reply SpA ranks #995 out of 1648 companies in the Software industry, which is below the industry midpoint. Overall, Reply SpA has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Reply SpA's Days Inventory compare to IBM and ACN?
According to the Software industry distribution chart, Reply SpA ranks #995 out of 1648 companies for Days Inventory. This places Reply SpA in the lower half of its industry. The industry median Days Inventory is 20.09. Reply SpA's value of 20.56 is 2.3% above this benchmark. Historically, Reply SpA's own Days Inventory has ranged from 17.11 to 62.21 over the past decade. While the company's 10-year median is 41.48 vs. the industry median of 20.09, Reply 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 Software company?
The median Days Inventory among Software companies is 20.09, based on 1,648 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. Reply SpA's current Days Inventory of 20.56 is 2.3% 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 Reply SpA and its competitors. For the Software industry, the median Days Inventory is 20.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reply SpA's current Days Inventory is 20.56, which is 50% below median its own 10-year median of 41.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reply SpA stock overvalued right now?
Based on GuruFocus' analysis, Reply SpA (MIL:REY) is currently considered Significantly Undervalued. The stock's GF Value™ is €146.37, compared to a current price of €98.00 — trading 33% below its estimated fair value. The current Days Inventory is 20.56, which is 50% below median its 10-year median of 41.48 and 2.3% above the Software industry median of 20.09. Reply SpA's overall GF Score™ is 83/100 with 3 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 Reply SpA (MIL:REY), the current Days Inventory is 20.56 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 Reply SpA (MIL:REY) Overvalued in 2026?
Based on GuruFocus' analysis, Reply SpA stock appears to be undervalued.
The current stock price of €98.00 is trading 33% below its estimated GF Value™ of €146.37.
GuruFocus considers Reply SpA to be Significantly Undervalued.
Key valuation signals for MIL:REY:
Days Inventory: 20.56 (50% below median its 10-year median of 41.48)
GF Value™: €146.37 vs. price of €98.00 (33% below fair value)
Industry Position: 2.3% above the Software median (#995 of 1648)
No single metric tells the full story. See the MIL:REY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reply SpA specialises in consulting, digital services, and the integration of processes, applications, and devices. Reply serves clients in the telecommunication and media, banking, insurance, financial, industry and services, energy and utilities, and public administration industries. The company provides its services mainly through platforms such as X-Rais Reply, Discovery Reply, Brick Reply, TamTamy, and SideUp Reply. Reply researches, selects, and markets solutions through channels such as data analysis, digital communication, e-commerce, mobile, and social media. Its business segments are defined based on geographical areas of operation and include Region 1 (including Italy, USA, Brazil, Poland, Romania, and Nanjing), which derives key revenue, Region 2, Region 3, and IoT Incubator.
83GF Score
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