TrenDevice SpA (MIL:TD) Days Inventory: 53.42 (As of Jun. 2024)


What is TrenDevice SpA Days Inventory?

TrenDevice SpA MIL:TD Days Inventory is 53.42 as of Jun. 2024.

Days Inventory is also known as Days Sales of Inventory (DSI). TrenDevice SpA's Average Total Inventories for the six months ended in Jun. 2024 was €1.89 Mil. TrenDevice SpA's Cost of Goods Sold for the six months ended in Jun. 2024 was €6.45 Mil. Hence, TrenDevice SpA's Days Inventory for the six months ended in Jun. 2024 was 53.42.

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

MIL:TD's Days Inventory is not ranked *
in the Retail - Cyclical industry.
Industry Median: 104.57
* Ranked among companies with meaningful Days Inventory only.

TrenDevice SpA's Days Inventory increased from Jun. 2023 (51.88) to Jun. 2024 (53.42). It might indicate that TrenDevice SpA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. TrenDevice SpA's Inventory Turnover for the six months ended in Jun. 2024 was 3.42.

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. TrenDevice SpA's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.22.


TrenDevice SpA  (MIL:TD) 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.

TrenDevice SpA's Inventory Turnover for the six months ended in Jun. 2024 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.

TrenDevice SpA's Inventory to Revenue for the six months ended in Jun. 2024 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.


TrenDevice SpA Days Inventory Related Terms


TrenDevice SpA Days Inventory Historical Data

* Premium members only.

The historical data trend for TrenDevice 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.

TrenDevice SpA Days Inventory Chart

TrenDevice SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 43.33 56.90 50.78 43.77 48.95

TrenDevice SpA Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.25 41.62 51.88 38.41 53.42

MIL:TD vs TSCO, ULTA, WSM: Days Inventory Comparison

For the Specialty Retail subindustry, TrenDevice 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.


TrenDevice SpA Days Inventory vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, TrenDevice SpA's Days Inventory distribution charts can be found below:

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



TrenDevice SpA Days Inventory Calculation

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

TrenDevice 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
=( (1.924 + 2.098) / 2 ) / 14.995*365
=2.011 / 14.995*365
=48.95

TrenDevice 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
=( (2.098 + 1.676) / 2 ) / 6.447*365 / 2
=1.887 / 6.447*365 / 2
=53.42

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 53.42 mean?
TrenDevice SpA (MIL:TD) has a Days Inventory of 53.42 as of Jun. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on TrenDevice SpA and its competitors.
Is TrenDevice SpA's Days Inventory too high?
TrenDevice SpA's current Days Inventory is 53.42. The Retail - Cyclical industry median Days Inventory is 104.57. TrenDevice SpA's value of 53.42 is 48.9% below this industry median.
How does TrenDevice SpA's Days Inventory compare to TSCO and ULTA?
TrenDevice SpA's Days Inventory of 53.42 can be compared against companies in the Retail - Cyclical industry. The industry median Days Inventory is 104.57. TrenDevice SpA's value of 53.42 is 48.9% below this benchmark. 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 Retail - Cyclical company?
The median Days Inventory among Retail - Cyclical companies is 104.57, based on 1,087 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. TrenDevice SpA's current Days Inventory of 53.42 is 48.9% below 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 TrenDevice SpA and its competitors. For the Retail - Cyclical industry, the median Days Inventory is 104.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TrenDevice SpA's current Days Inventory is 53.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TrenDevice SpA stock overvalued right now?
TrenDevice SpA (MIL:TD) has a current Days Inventory of 53.42. The current Days Inventory is 53.42 and 48.9% below the Retail - Cyclical industry median of 104.57. 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 TrenDevice SpA (MIL:TD), the current Days Inventory is 53.42 as of Jun. 2024. 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.

TrenDevice SpA Business Description

Address Via Niccolo Copernico 38, Milan, ITA, 20125
TrenDevice SpA is engaged in the refurbishing and marketing of electronic products such as computers, smartphones, tablets, smartwatches, and others. It also offers maintenance and repair services.