Reway Group SpA (MIL:RWY) Days Inventory : 110.11 (As of Dec. 2023)

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What is Reway Group SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Reway Group SpA's Average Total Inventories for the six months ended in Dec. 2023 was €22.1 Mil. Reway Group SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €36.6 Mil. Hence, Reway Group SpA's Days Inventory for the six months ended in Dec. 2023 was 110.11.

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

MIL:RWY' s Days Inventory Range Over the Past 10 Years
Min: 4.34 Med: 6.56 Max: 126.03
Current: 86.23

During the past 3 years, Reway Group SpA's highest Days Inventory was 126.03. The lowest was 4.34. And the median was 6.56.

MIL:RWY's Days Inventory is ranked worse than
65.59% of 1392 companies
in the Construction industry
Industry Median: 49.18 vs MIL:RWY: 86.23

Reway Group SpA's Days Inventory increased from Dec. 2022 (5.10) to Dec. 2023 (110.11). It might indicate that Reway Group SpA's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Reway Group SpA's Inventory Turnover for the six months ended in Dec. 2023 was 1.66.

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. Reway Group SpA's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.30.

Reway Group SpA Days Inventory Historical Data

The historical data trend for Reway Group 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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Reway Group SpA Days Inventory Chart

Reway Group SpA Annual Data

Trend

Dec21

Dec22

Dec23

Days Inventory

6.56

4.34

126.03

Reway Group SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	-	5.30	5.10	6.18	110.11

Competitive Comparison of Reway Group SpA's Days Inventory

For the Infrastructure Operations subindustry, Reway Group 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.

Reway Group SpA's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Reway Group SpA's Days Inventory distribution charts can be found below:

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

Reway Group SpA Days Inventory Calculation

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

Reway Group 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
=	( (0.657	+	43.049)	/	2 )	/	63.287	*	365
=	21.853					/	63.287	*	365
=	126.03

Reway Group SpA's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1.148	+	43.049)	/	2 )	/	36.626	*	365 / 2
=	22.0985					/	36.626	*	365 / 2
=	110.11

Reway Group SpA (MIL:RWY) 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.

Reway Group SpA's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	36.626	/	22.0985
	=	1.66

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.

Reway Group SpA's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	22.0985	/	73.362
	=	0.30

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.

Reway Group SpA Days Inventory Related Terms

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

Reway Group SpA (MIL:RWY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Reway Group SpA (MIL:RWY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Canalescuro, Licciana Oak Plan Nardi, Massa and Carrara, ITA

Website

https://www.rewaygroup.com

Reway Group SpA is engaged in the preservation and restoration of the infrastructure. The company deal with the Hydrodemolition of concrete, Mechanical milling, Injections, Steel and aluminum coatings, Waterproofing, Special restoration mortars, Painting, Construction of drains, Construction of nailing, and Lighting coating.

Reway Group SpA (MIL:RWY) Headlines

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