Valtecne SPA (MIL:VLT) Days Inventory : 247.45 (As of Jun. 2023)

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What is Valtecne SPA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Valtecne SPA's Average Total Inventories for the six months ended in Jun. 2023 was €10.49 Mil. Valtecne SPA's Cost of Goods Sold for the six months ended in Jun. 2023 was €7.73 Mil. Hence, Valtecne SPA's Days Inventory for the six months ended in Jun. 2023 was 247.45.

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

MIL:VLT' s Days Inventory Range Over the Past 10 Years
Min: 210.37 Med: 225.48 Max: 283.27
Current: 283.27

During the past 3 years, Valtecne SPA's highest Days Inventory was 283.27. The lowest was 210.37. And the median was 225.48.

MIL:VLT's Days Inventory is ranked worse than
88.43% of 2905 companies
in the Industrial Products industry
Industry Median: 119.85 vs MIL:VLT: 283.27

Valtecne SPA's Days Inventory increased from Jun. 2022 (173.60) to Jun. 2023 (247.45). It might indicate that Valtecne 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. Valtecne SPA's Inventory Turnover for the six months ended in Jun. 2023 was 0.74.

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. Valtecne SPA's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.62.

Valtecne SPA Days Inventory Historical Data

The historical data trend for Valtecne 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.

* Premium members only.

Valtecne SPA Days Inventory Chart

Valtecne SPA Annual Data

Trend

Dec20

Dec21

Dec22

Days Inventory

225.48

210.37

265.38

Valtecne SPA Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial			160.36	253.45	173.60	356.52	247.45

Competitive Comparison of Valtecne SPA's Days Inventory

For the Specialty Industrial Machinery subindustry, Valtecne 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.

Valtecne SPA's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Valtecne SPA's Days Inventory distribution charts can be found below:

* The bar in red indicates where Valtecne SPA's Days Inventory falls into.

Valtecne SPA Days Inventory Calculation

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

Valtecne SPA's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (5.755	+	9.253)	/	2 )	/	10.321	*	365
=	7.504					/	10.321	*	365
=	265.38

Valtecne SPA's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (9.253	+	11.717)	/	2 )	/	7.733	*	365 / 2
=	10.485					/	7.733	*	365 / 2
=	247.45

Valtecne SPA (MIL:VLT) 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.

Valtecne SPA's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7.733	/	10.485
	=	0.74

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.

Valtecne SPA's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	10.485	/	17.02
	=	0.62

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.

Valtecne SPA Days Inventory Related Terms

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