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Vetrya SpA (MIL:VTY) Days Inventory : 0.52 (As of Jun. 2021)


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What is Vetrya SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vetrya SpA's Average Total Inventories for the six months ended in Jun. 2021 was €0.01 Mil. Vetrya SpA's Cost of Goods Sold for the six months ended in Jun. 2021 was €4.89 Mil. Hence, Vetrya SpA's Days Inventory for the six months ended in Jun. 2021 was 0.52.

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

MIL:VTY's Days Inventory is not ranked *
in the Telecommunication Services industry.
Industry Median: 19.135
* Ranked among companies with meaningful Days Inventory only.

Vetrya SpA's Days Inventory increased from Jun. 2020 (0.40) to Jun. 2021 (0.52). It might indicate that Vetrya SpA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vetrya SpA's Inventory Turnover for the six months ended in Jun. 2021 was 349.14.

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. Vetrya SpA's Inventory-to-Revenue for the six months ended in Jun. 2021 was 0.00.


Vetrya SpA Days Inventory Historical Data

The historical data trend for Vetrya 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.

Vetrya SpA Days Inventory Chart

Vetrya SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Inventory
Get a 7-Day Free Trial 0.23 0.09 0.09 0.17 0.19

Vetrya SpA Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.22 0.40 0.39 0.52

Competitive Comparison of Vetrya SpA's Days Inventory

For the Telecom Services subindustry, Vetrya 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.


Vetrya SpA's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Vetrya SpA's Days Inventory distribution charts can be found below:

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



Vetrya SpA Days Inventory Calculation

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

Vetrya SpA's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

Days Inventory (A: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (0.026 + 0.014) / 2 ) / 38.117*365
=0.02 / 38.117*365
=0.19

Vetrya SpA's Days Inventory for the quarter that ended in Jun. 2021 is calculated as:

Days Inventory (Q: Jun. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2020 ) + Total Inventories (Q: Jun. 2021 )) / count ) / Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=( (0.014 + 0.014) / 2 ) / 4.888*365 / 2
=0.014 / 4.888*365 / 2
=0.52

* 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.


Vetrya SpA  (MIL:VTY) 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.

Vetrya SpA's Inventory Turnover for the six months ended in Jun. 2021 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.

Vetrya SpA's Inventory to Revenue for the six months ended in Jun. 2021 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.


Vetrya SpA Days Inventory Related Terms

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


Vetrya SpA (MIL:VTY) Business Description

Traded in Other Exchanges
N/A
Address
Via dell’Innovazione, 1 e 1A, Orvieto, ITA, 05018
Vetrya SpA is engaged in the development of digital services, applications and broadband solutions. Its solutions include Eclexia, Wonda mobile hub, Visidea video syndication, tivin, digital pay and Visyd ADV digital advertising. The company offers wide range of cloud multi screen platforms for broadband telecommunications networks, media asset management, mobile entertainment, mobile commerce, value-added services, carrier billing, Internet TV, broadcasting, digital advertising and content production.

Vetrya SpA (MIL:VTY) Headlines

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