Trevi Finanziaria Industriale SpA (MIL:TFI) Inventory Turnover : 1.08 (As of Dec. 2023)

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What is Trevi Finanziaria Industriale 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. Trevi Finanziaria Industriale SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €129.8 Mil. Trevi Finanziaria Industriale SpA's Average Total Inventories for the quarter that ended in Dec. 2023 was €120.0 Mil. Trevi Finanziaria Industriale SpA's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Trevi Finanziaria Industriale SpA's Days Inventory for the six months ended in Dec. 2023 was 168.61.

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. Trevi Finanziaria Industriale SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.39.

Trevi Finanziaria Industriale SpA Inventory Turnover Historical Data

The historical data trend for Trevi Finanziaria Industriale 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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Trevi Finanziaria Industriale SpA Inventory Turnover Chart

Trevi Finanziaria Industriale SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.86

1.44

1.76

2.14

2.10

Trevi Finanziaria Industriale SpA Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															1.05	0.75	1.20	0.94	1.08

Trevi Finanziaria Industriale SpA Inventory Turnover Calculation

Trevi Finanziaria Industriale 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 )
=	244.562	/ (	(118.566	+	113.978)	/	2 )
=	244.562	/	116.272
=	2.10

Trevi Finanziaria Industriale 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 )
=	129.83	/ (	(125.923	+	113.978)	/	2 )
=	129.83	/	119.9505
=	1.08

Trevi Finanziaria Industriale SpA (MIL:TFI) 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.

Trevi Finanziaria Industriale 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
	=	119.9505	/	129.83	*	365 / 2
	=	168.61

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.

Trevi Finanziaria Industriale 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 )
	=	119.9505	/	307.312
	=	0.39

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.

Trevi Finanziaria Industriale SpA Inventory Turnover Related Terms

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Trevi Finanziaria Industriale SpA (MIL:TFI) Business Description

Industry

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0G91:UK

Address

201, Via Larga, Cesena, ITA, 47522

Website

https://www.trevifin.com

Trevi Finanziaria Industriale SpA is the holding company. The company's segment includes Special foundation works and the Manufacture of special machinery for foundations. It generates maximum revenue from the Special foundation works segment. The geographical segment includes Italy; Europe; the USA and Canada; Latin America; Africa; the Middle East and Asia and the far east and the rest of the world. It derives a majority of its revenue from the USA and Canada. The group is also active in the sector of renewable energy, mainly wind energy.