Casta Diva Group SpA (MIL:CDG) Inventory Turnover : 1,563.46 (As of Jun. 2024)

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What is Casta Diva Group SpA Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Casta Diva Group SpA's Cost of Goods Sold for the six months ended in Jun. 2024 was €49.2 Mil. Casta Diva Group SpA's Average Total Inventories for the quarter that ended in Jun. 2024 was €0.0 Mil. Casta Diva Group SpA's Inventory Turnover for the quarter that ended in Jun. 2024 was 1,563.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Casta Diva Group SpA's Days Inventory for the six months ended in Jun. 2024 was 0.12.

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. Casta Diva Group SpA's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.00.

Casta Diva Group SpA Inventory Turnover Historical Data

The historical data trend for Casta Diva Group SpA's Inventory Turnover 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.

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Casta Diva Group SpA Inventory Turnover Chart

Casta Diva Group SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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157.37

369.74

722.92

2,025.37

2,323.45

Casta Diva Group SpA Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial															995.17	1,030.20	1,752.20	1,695.22	1,563.46

Casta Diva Group SpA Inventory Turnover Calculation

Casta Diva Group SpA's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	92.938	/ (	(0.035	+	0.045)	/	2 )
=	92.938	/	0.04
=	2,323.45

Casta Diva Group SpA's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	49.249	/ (	(0.045	+	0.018)	/	2 )
=	49.249	/	0.0315
=	1,563.46

Casta Diva Group SpA (MIL:CDG) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Casta Diva Group SpA's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	0.0315	/	49.249	*	365 / 2
	=	0.12

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.

Casta Diva Group SpA's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	0.0315	/	58.222
	=	0.00

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Casta Diva Group SpA Inventory Turnover Related Terms

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Casta Diva Group SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Casta Diva Group SpA (MIL:CDG) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

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Address

Via Lomazzo 34, Milan, ITA, 20154

Website

https://www.castadivagroup.com

Casta Diva Group SpA is a communications company, active in the production of advertising films and events in Italy and abroad. It operates in branded content including advertising productions, films, TV programming, corporate events, viral videos, digital content, and live music shows. The company performs its business activities through various brands such as; Casta Diva Ideas, Casta Diva Pictures, G.2 Eventi, Genius Progetti, Akita Film, E-Motion, and Blue Note Milano.

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