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Terna SpA (WBO:TRN) Days Inventory : 69.58 (As of Sep. 2023)


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What is Terna SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Terna SpA's Average Total Inventories for the three months ended in Sep. 2023 was €102 Mil. Terna SpA's Cost of Goods Sold for the three months ended in Sep. 2023 was €134 Mil. Hence, Terna SpA's Days Inventory for the three months ended in Sep. 2023 was 69.58.

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

WBO:TRN' s Days Inventory Range Over the Past 10 Years
Min: 13.4   Med: 31.49   Max: 95.86
Current: 95.86

During the past 13 years, Terna SpA's highest Days Inventory was 95.86. The lowest was 13.40. And the median was 31.49.

WBO:TRN's Days Inventory is ranked worse than
90.26% of 462 companies
in the Utilities - Regulated industry
Industry Median: 22.695 vs WBO:TRN: 95.86

Terna SpA's Days Inventory declined from Sep. 2022 (74.60) to Sep. 2023 (69.58).

Inventory Turnover measures how fast the company turns over its inventory within a year. Terna SpA's Inventory Turnover for the three months ended in Sep. 2023 was 1.31.

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. Terna SpA's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.13.


Terna SpA Days Inventory Historical Data

The historical data trend for Terna 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.

Terna SpA Days Inventory Chart

Terna 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 63.19 61.18 58.57 53.18 84.93

Terna SpA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 37.16 67.44 63.77 69.58 -

Competitive Comparison of Terna SpA's Days Inventory

For the Utilities - Regulated Electric subindustry, Terna 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.


Terna SpA's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Terna SpA's Days Inventory distribution charts can be found below:

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



Terna SpA Days Inventory Calculation

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

Terna 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
=( (69.9 + 83) / 2 ) / 524.7*365
=76.45 / 524.7*365
=53.18

Terna SpA's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (102.1 + 0) / 1 ) / 133.9*365 / 4
=102.1 / 133.9*365 / 4
=69.58

* 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.


Terna SpA  (WBO:TRN) 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.

Terna SpA's Inventory Turnover for the three months ended in Sep. 2023 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.

Terna SpA's Inventory to Revenue for the three months ended in Sep. 2023 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.


Terna SpA Days Inventory Related Terms

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


Terna SpA (WBO:TRN) Business Description

Address
Viale Egidio Galbani, 70, Rome, ITA, 00156
Terna SpA is an electricity transmission system operator that owns virtually all of the Italian National Transmission Grid. With a monopoly under an Italian government license, Terna transmits and dispatches electricity throughout the country. It is also responsible for the planning, construction, and maintenance of the nation's electrical grid. Terna segments its operations into its Regulated Activities, Non-Regulated Activities, and International Activities. The company generates the vast majority of its revenue from charging transmission fees as a part of its Regulated Activities. Under its Non-Regulated Activities, Terna mainly produces and sells electricity transformers. The company has also made efforts to expand its operations into Italy's neighboring countries and North Africa.