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Siav SpA (MIL:SIAV) Inventory Turnover : 68.25 (As of Dec. 2024)


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What is Siav 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. Siav SpA's Cost of Goods Sold for the six months ended in Dec. 2024 was €10.92 Mil. Siav SpA's Average Total Inventories for the quarter that ended in Dec. 2024 was €0.16 Mil. Siav SpA's Inventory Turnover for the quarter that ended in Dec. 2024 was 68.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Siav SpA's Days Inventory for the six months ended in Dec. 2024 was 2.67.

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. Siav SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.01.

Siav SpA Inventory Turnover Historical Data

The historical data trend for Siav 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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Siav SpA Inventory Turnover Chart

Siav SpA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
236.32 228.19 267.02 274.99 449.79

Siav SpA Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Inventory Turnover Get a 7-Day Free Trial 121.70 91.66 189.12 84.99 68.25

Siav SpA Inventory Turnover Calculation

Siav SpA's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Inventory Turnover (A: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2024 ) / ((Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count )
=17.542 / ((0.039 + 0) / 1 )
=17.542 / 0.039
=449.79

Siav SpA's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover (Q: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2024 ) / ((Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count )
=10.92 / ((0.16 + 0) / 1 )
=10.92 / 0.16
=68.25

* 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.

Siav SpA  (MIL:SIAV) 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.

Siav SpA's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=0.16/10.92*365 / 2
=2.67

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.

Siav SpA's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=0.16 / 17.656
=0.01

* 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.

Siav SpA Inventory Turnover Related Terms

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Siav SpA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Siav SpA (MIL:SIAV) » Definitions » Inventory Turnover
Comparable Companies
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Traded in Other Exchanges
N/A
Address
Via Rossi, 5/n, Rubano, ITA, 35030
Website
https://www.siav.com
Siav SpA is a software and IT service company specializing in dematerialization, document management, and digital processes. It offers software platforms such as Archiflow Nova, Siav Connect, and Siav Frame for information and process management; Vertical software and solutions that deal with specific topics such as Silloge, Checker, MyCreditService, etc., and outsourcing services such as dematerialization and replacement storage of documents, managed through a proprietary solution (Virgilio), and B2B electronic invoicing. The company's operating segments are based on the market it operates in and include the Private Market, Central Public Administration Market (CPA), Local Public Administration Market (PAL), and Channel Market.

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