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Sogefi SpA (STU:GEF) Days Inventory : 47.57 (As of Mar. 2024)


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What is Sogefi SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sogefi SpA's Average Total Inventories for the three months ended in Mar. 2024 was €111 Mil. Sogefi SpA's Cost of Goods Sold for the three months ended in Mar. 2024 was €212 Mil. Hence, Sogefi SpA's Days Inventory for the three months ended in Mar. 2024 was 47.57.

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

STU:GEF' s Days Inventory Range Over the Past 10 Years
Min: 34.7   Med: 39.55   Max: 48.15
Current: 36.76

During the past 13 years, Sogefi SpA's highest Days Inventory was 48.15. The lowest was 34.70. And the median was 39.55.

STU:GEF's Days Inventory is ranked better than
86.84% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 81.84 vs STU:GEF: 36.76

Sogefi SpA's Days Inventory declined from Mar. 2023 (52.31) to Mar. 2024 (47.57).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sogefi SpA's Inventory Turnover for the three months ended in Mar. 2024 was 1.92.

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. Sogefi SpA's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.42.


Sogefi SpA Days Inventory Historical Data

The historical data trend for Sogefi 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.

Sogefi SpA Days Inventory Chart

Sogefi SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.43 41.83 37.08 35.59 38.23

Sogefi SpA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52.31 27.56 41.41 44.53 47.57

Competitive Comparison of Sogefi SpA's Days Inventory

For the Auto Parts subindustry, Sogefi 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.


Sogefi SpA's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sogefi SpA's Days Inventory distribution charts can be found below:

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



Sogefi SpA Days Inventory Calculation

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

Sogefi 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
=( (129.725 + 138.231) / 2 ) / 1279.219*365
=133.978 / 1279.219*365
=38.23

Sogefi SpA's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (138.231 + 82.9) / 2 ) / 212.1*365 / 4
=110.5655 / 212.1*365 / 4
=47.57

* 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.


Sogefi SpA  (STU:GEF) 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.

Sogefi SpA's Inventory Turnover for the three months ended in Mar. 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.

Sogefi SpA's Inventory to Revenue for the three months ended in Mar. 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.


Sogefi SpA Days Inventory Related Terms

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


Sogefi SpA (STU:GEF) Business Description

Traded in Other Exchanges
Address
Via Ciovassino 1/A, Milan, ITA, 20121
Sogefi SpA supplies original parts for the automotive industry. It develops filtration systems, flexible suspension components, air management and engine cooling systems. The company offers its products under Allevard rejna, coopers fiaam, fram, lp-dn, purflux, sidergarda mollificio bresciano, sogefi pro, united springs brands. It has three segments: Air and cooling, Filtration and Suspensions. Air and cooling unit cover engineering and manufacturing of plastic automotive components. Filtration unit encompasses the production of filter products including oil, diesel, petrol, air and cabin air filters for the original equipment market and also provides filtration modules. Suspension unit includes manufacturing of automotive and industrial products for automotive and industrial markets.

Sogefi SpA (STU:GEF) Headlines

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