Impianti SpA (MIL:MPT) Inventory Turnover : 6.32 (As of Jun. 2024)

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What is Impianti 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. Impianti SpA's Cost of Goods Sold for the six months ended in Jun. 2024 was €4.56 Mil. Impianti SpA's Average Total Inventories for the quarter that ended in Jun. 2024 was €0.72 Mil. Impianti SpA's Inventory Turnover for the quarter that ended in Jun. 2024 was 6.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Impianti SpA's Days Inventory for the six months ended in Jun. 2024 was 28.85.

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. Impianti SpA's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.16.

Impianti SpA Inventory Turnover Historical Data

The historical data trend for Impianti 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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Impianti SpA Inventory Turnover Chart

Impianti SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

5.71

11.70

9.68

8.60

12.03

Impianti SpA Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial				4.54	3.77	4.63	6.32	6.32

Impianti SpA Inventory Turnover Calculation

Impianti 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 )
=	8.436	/ (	(1.237	+	0.724)	/	2 )
=	8.436	/	0.9805
=	8.60

Impianti 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 )
=	4.557	/ (	(0.724	+	0.717)	/	2 )
=	4.557	/	0.7205
=	6.32

Impianti SpA (MIL:MPT) 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.

Impianti 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
	=	0.7205	/	4.557	*	365 / 2
	=	28.85

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.

Impianti 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 )
	=	0.7205	/	4.44
	=	0.16

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.

Impianti SpA Inventory Turnover Related Terms

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Impianti SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Impianti SpA (MIL:MPT) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

F67:Germany

Address

Via della Valle, 46/a, Carate Brianza, ITA, 20841

Website

https://www.impianti.eu

Impianti SpA operates as an infrastructural System Integrator. It provides information communication technology, audio, and video system integrating services. Its portfolio of solutions and services are in the fields of ICT/AV, UCC, SD-Wan & Mobile Data Solutions, Mobile & Rugged Devices, Cyber Security, IoT, Data Centers, and Cabling Systems, as well as in the ecosystem areas in relation to the three major video communication brands such as Microsoft Teams, Zoom and Google Meet.

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