Days Inventory is also known as Days Sales of Inventory (DSI). Ferrari NV's Average Total Inventories for the
three
months ended in Dec. 2024 was $1,142 Mil. Ferrari NV's Cost of Goods Sold for the
three
months ended in Dec. 2024 was $905 Mil.
Hence, Ferrari NV's Days Inventory for the
three
months ended in Dec. 2024 was 115.17.
The historical rank and industry rank for Ferrari NV's Days Inventory or its related term are showing as below:
RACE'
s Days Inventory Range Over the Past 10 Years
Min: 71.56 Med: 85.77 Max: 112.75
Current: 112.75
During the past 13 years, Ferrari NV's highest Days Inventory was 112.75. The lowest was 71.56. And the median was 85.77.
RACE's Days Inventory is ranked worse than 69.39% of 1271
companies
in the Vehicles & Parts industry
Industry Median: 80.78
vs RACE: 112.75
Ferrari NV's Days Inventory
increased
from Dec. 2023 (106.89) to Dec. 2024 (115.17).
It might indicate that Ferrari NV's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ferrari NV's Inventory Turnover for the
three
months ended in Dec. 2024 was 0.79.
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.
Ferrari NV's Inventory-to-Revenue for the
three
months ended in Dec. 2024 was 0.63.
Ferrari NV Days Inventory Historical Data
The historical data trend for Ferrari NV'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.
Competitive Comparison of Ferrari NV's Days Inventory
For the Auto Manufacturers subindustry, Ferrari NV'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.
Ferrari NV's Days Inventory Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Ferrari NV's Days Inventory distribution charts can be found below:
* The bar in red indicates where Ferrari NV's Days Inventory falls into.
* 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.
Ferrari NV (NYSE:RACE) 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.
Ferrari NV's Inventory Turnover for the
three
months ended in Dec. 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.
Ferrari NV's Inventory to Revenue for the
three
months ended in Dec. 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.
Ferrari NV Days Inventory Related Terms
Thank you for viewing the detailed overview of Ferrari NV's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Ferrari designs, engineers, and manufactures some of the world's most expensive luxury cars. With supply carefully controlled to be below demand and a brand steeped in decades of motor racing history, a Ferrari is viewed as a status symbol. In 2023, the company sold 13,663 vehicles at an average price over EUR 400,000 with more than 70% of its vehicles being sold to existing Ferrari clients. Eighty-six percent of revenue is generated from the sale of cars and spare parts and 10% from sponsorship, commercial, and brand activities including racing and lifestyle activities. In 2023, the Europe, Middle East, and Africa region accounted for 48% of revenue, the Americas was 30%, mainland China, Hong Kong, and Taiwan was 10%, and the rest of Asia was 13%.
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