Visibilia Editore SpA (MIL:VE) Inventory Turnover : 0.00 (As of Jun. 2023)

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What is Visibilia Editore 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. Visibilia Editore SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was €1.84 Mil. Visibilia Editore SpA's Average Total Inventories for the quarter that ended in Jun. 2023 was €0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Visibilia Editore SpA's Days Inventory for the six months ended in Jun. 2023 was 0.00.

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. Visibilia Editore SpA's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.00.

Visibilia Editore SpA Inventory Turnover Historical Data

The historical data trend for Visibilia Editore 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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Visibilia Editore SpA Inventory Turnover Chart

Visibilia Editore SpA Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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Visibilia Editore SpA Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Visibilia Editore SpA Inventory Turnover Calculation

Visibilia Editore SpA's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	3.858	/ (	(0	+	0)	/	1 )
=	3.858	/	0
=	N/A

Visibilia Editore SpA's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	1.835	/ (	(0	+	0)	/	1 )
=	1.835	/	0
=	N/A

Visibilia Editore SpA (MIL:VE) 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.

Visibilia Editore SpA's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	0	/	1.835	*	365 / 2
	=	0.00

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.

Visibilia Editore SpA's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	0	/	1.854
	=	0.00

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.

Visibilia Editore SpA Inventory Turnover Related Terms

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Visibilia Editore SpA (MIL:VE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Visibilia Editore SpA (MIL:VE) » Definitions » Inventory Turnover

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Address

Via del Quirinale, 26, Rome, ITA, 00187

Website

http://www.visibiliaeditore.it

Visibilia Editore SpA provides financial & corporate communication advisory services. Its services include media relations, financial & corporate communications, crisis and in-house communication, individual image, and public affairs.

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