Soges Group SpA (MIL:SOGES) Days Inventory : 13.20 (As of Jun. 2024)

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What is Soges Group SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Soges Group SpA's Average Total Inventories for the six months ended in Jun. 2024 was €0.29 Mil. Soges Group SpA's Cost of Goods Sold for the six months ended in Jun. 2024 was €3.95 Mil. Hence, Soges Group SpA's Days Inventory for the six months ended in Jun. 2024 was 13.20.

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

MIL:SOGES' s Days Inventory Range Over the Past 10 Years
Min: 7.66 Med: 8.6 Max: 9.53
Current: 7.82

During the past 3 years, Soges Group SpA's highest Days Inventory was 9.53. The lowest was 7.66. And the median was 8.60.

MIL:SOGES's Days Inventory is ranked better than
73.71% of 677 companies
in the Travel & Leisure industry
Industry Median: 31.38 vs MIL:SOGES: 7.82

Soges Group SpA's Days Inventory increased from Jun. 2023 (12.31) to Jun. 2024 (13.20). It might indicate that Soges Group SpA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Soges Group SpA's Inventory Turnover for the six months ended in Jun. 2024 was 13.82.

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. Soges Group SpA's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.04.

Soges Group SpA Days Inventory Historical Data

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

Soges Group SpA Annual Data

Trend

Dec22

Dec23

Dec24

Days Inventory

9.53

7.66

7.92

Soges Group SpA Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24	Dec24
Days Inventory	-	12.31	5.81	13.20	5.51

Competitive Comparison of Soges Group SpA's Days Inventory

For the Resorts & Casinos subindustry, Soges 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.

Soges Group SpA's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Soges Group SpA's Days Inventory distribution charts can be found below:

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

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Soges Group SpA Days Inventory Calculation

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

Soges 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
=	( (0.244	+	0.29)	/	2 )	/	12.719	*	365
=	0.267					/	12.719	*	365
=	7.66

Soges Group 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
=	( (0.29	+	0.281)	/	2 )	/	3.946	*	365 / 2
=	0.2855					/	3.946	*	365 / 2
=	13.20

Soges Group SpA (MIL:SOGES) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.946	/	0.2855
	=	13.82

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.2855	/	7.431
	=	0.04

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.

Soges Group SpA Days Inventory Related Terms

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Soges Group SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Soges Group SpA (MIL:SOGES) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via dei Caboto 49, Florence, ITA, 50127

Website

https://www.soges-group.com

Soges Group SpA is a company actively engaged in hotel and conference hospitality within prestigious structures. The Company's core business is therefore the acquisition of hotel management with the precise focus of optimizing economic results, repositioning the brand reputation and improving the operational performance of each individual structure that becomes part of the group.

Soges Group SpA Headlines

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