Saccheria Flli Franceschetti SpA (MIL:SAC) Inventory Turnover : 1.74 (As of Dec. 2023)

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What is Saccheria Flli Franceschetti 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. Saccheria Flli Franceschetti SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €6.45 Mil. Saccheria Flli Franceschetti SpA's Average Total Inventories for the quarter that ended in Dec. 2023 was €3.70 Mil. Saccheria Flli Franceschetti SpA's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Saccheria Flli Franceschetti SpA's Days Inventory for the six months ended in Dec. 2023 was 104.77.

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. Saccheria Flli Franceschetti SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.45.

Saccheria Flli Franceschetti SpA Inventory Turnover Historical Data

The historical data trend for Saccheria Flli Franceschetti 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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Saccheria Flli Franceschetti SpA Inventory Turnover Chart

Saccheria Flli Franceschetti SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

4.14

3.76

3.95

3.48

Saccheria Flli Franceschetti SpA Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial			1.63	1.95	1.68	1.90	1.74

Saccheria Flli Franceschetti SpA Inventory Turnover Calculation

Saccheria Flli Franceschetti 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 )
=	14.258	/ (	(4.512	+	3.68)	/	2 )
=	14.258	/	4.096
=	3.48

Saccheria Flli Franceschetti SpA's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	6.447	/ (	(3.722	+	3.68)	/	2 )
=	6.447	/	3.701
=	1.74

Saccheria Flli Franceschetti SpA (MIL:SAC) 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.

Saccheria Flli Franceschetti SpA's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	3.701	/	6.447	*	365 / 2
	=	104.77

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.

Saccheria Flli Franceschetti SpA's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	3.701	/	8.135
	=	0.45

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.

Saccheria Flli Franceschetti SpA Inventory Turnover Related Terms

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Saccheria Flli Franceschetti SpA (MIL:SAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Saccheria Flli Franceschetti SpA (MIL:SAC) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Stazione Vecchia, 80, Provaglio d'Iseo, Brescia, ITA, 25050

Website

https://www.saccheriafranceschetti.com

Saccheria Flli Franceschetti SpA operates in the Packaging and Containers industry. It designs, manufactures, and markets sacks and big bags and packing cloths big bags, small bags, box bags, fertilizer bags, couriers, and fabrics, intended for collection.

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