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Pozzi Milano SpA (MIL:POZ) Inventory Turnover : 1.44 (As of Jun. 2024)


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What is Pozzi Milano 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. Pozzi Milano SpA's Cost of Goods Sold for the six months ended in Jun. 2024 was €7.41 Mil. Pozzi Milano SpA's Average Total Inventories for the quarter that ended in Jun. 2024 was €5.13 Mil. Pozzi Milano SpA's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.44.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pozzi Milano SpA's Days Inventory for the six months ended in Jun. 2024 was 126.33.

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. Pozzi Milano SpA's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.55.


Pozzi Milano SpA Inventory Turnover Historical Data

The historical data trend for Pozzi Milano 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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Pozzi Milano SpA Inventory Turnover Chart

Pozzi Milano SpA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
4.60 5.85 4.36 3.04 3.10

Pozzi Milano SpA Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Inventory Turnover Get a 7-Day Free Trial 2.06 1.36 1.48 1.44 1.53

Pozzi Milano SpA Inventory Turnover Calculation

Pozzi Milano 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 )
=14.25 / ((4.397 + 4.993) / 2 )
=14.25 / 4.695
=3.04

Pozzi Milano 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 )
=7.408 / ((4.993 + 5.263) / 2 )
=7.408 / 5.128
=1.44

* 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.


Pozzi Milano SpA  (MIL:POZ) 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.

Pozzi Milano 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
=5.128/7.408*365 / 2
=126.33

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.

Pozzi Milano 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 )
=5.128 / 9.404
=0.55

* 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

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.


Pozzi Milano SpA Inventory Turnover Related Terms

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Pozzi Milano SpA Business Description

Traded in Other Exchanges
N/A
Address
Via Fornaci 4/AB, Monticelli Brusati, ITA, 25040
Pozzi Milano SpA operates in the table art sector. The group creates medium-high level Themed Tableware collections and gift items.

Pozzi Milano SpA Headlines

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