Digital360 SpA (MIL:DIG) Total Inventories : €16.51 Mil (As of Jun. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Digital360 SpA Total Inventories?

Digital360 SpA's total inventories for the quarter that ended in Jun. 2023 was €16.51 Mil. Digital360 SpA's average total inventories from the quarter that ended in Jun. 2022 to the quarter that ended in Jun. 2023 was €8.26 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Digital360 SpA's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was €-1.80.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Digital360 SpA's Days Inventory for the six months ended in Jun. 2023 was 71.60.

Inventory Turnover measures how fast the company turns over its inventory within a year. Digital360 SpA's Inventory Turnover for the quarter that ended in Jun. 2023 was 2.55.

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. Digital360 SpA's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.18.

Digital360 SpA Total Inventories Historical Data

The historical data trend for Digital360 SpA's Total Inventories 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.

* Premium members only.

Digital360 SpA Total Inventories Chart

Digital360 SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Inventories

Get a 7-Day Free Trial

12.70

Digital360 SpA Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
Total Inventories	Get a 7-Day Free Trial									-	-	-	-	16.51

Digital360 SpA Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Digital360 SpA (MIL:DIG) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Digital360 SpA's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is

	Net-Net Working Capital Per Share (Q: Jun. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(13.736	+	0.75 * 29.73	+	0.5 * 16.511	-	79.771
-	0	-	1.252)	/	20.4065
=	-1.80

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Digital360 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
	=	8.256	/	21.045	*	365 / 2
	=	71.60

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Digital360 SpA's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2023 )	/	Average Total Inventories (Q: Jun. 2023 )
	=	21.045	/	8.256
	=	2.55

4. 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.

Digital360 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 )
	=	8.256	/	45.677
	=	0.18

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Digital360 SpA Total Inventories Related Terms

Thank you for viewing the detailed overview of Digital360 SpA's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Digital360 SpA (MIL:DIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Digital360 SpA (MIL:DIG) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Copernico 38, Milan, ITA, 20125

Website

http://www.digital360.it

Digital360 SpA is a multi-channel platform providing editorial content, Communications and Marketing Services, lead generation, Events and Webinars and Advisory, advocacy and coaching services to companies, public authorities and technology suppliers.

Digital360 SpA (MIL:DIG) Headlines

From GuruFocus

Top 3 Leveraged Energy ETFs for the Ukraine-Russia Crisis

By Ben (Motivation2Invest) • 03-01-2022