Piquadro SpA (MIL:PQ) Total Inventories: €41.6 Mil (As of Sep. 2025)


MIL:PQ Piquadro SpA MIL:PQ
82 GF Score
Price €2.76
GF Value €2.19
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Piquadro SpA Total Inventories?

Piquadro SpA MIL:PQ +1.10% 82 Total Inventories is €41.6 Mil as of Sep. 2025. GuruFocus rates MIL:PQ with a GF Score™ of 82/100 and a GF Value™ of €2.19 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Piquadro SpA's total inventories for the quarter that ended in Sep. 2025 was €41.6 Mil. Piquadro SpA's average total inventories from the quarter that ended in Mar. 2025 to the quarter that ended in Sep. 2025 was €42.3 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Piquadro SpA's Net-Net Working Capital per share for the quarter that ended in Sep. 2025 was €-1.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Piquadro SpA's Days Inventory for the six months ended in Sep. 2025 was 374.57.

Inventory Turnover measures how fast the company turns over its inventory within a year. Piquadro SpA's Inventory Turnover for the quarter that ended in Sep. 2025 was 0.49.

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. Piquadro SpA's Inventory-to-Revenue for the quarter that ended in Sep. 2025 was 0.48.


Piquadro SpA  (MIL:PQ) 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.

Piquadro SpA's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2025 is

Net-Net Working Capital Per Share (Q: Sep. 2025 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(26.907+0.75 * 42.561+0.5 * 41.58-129.431
-0-0)/47.307
=-1.05

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

Piquadro SpA's Days Inventory for the six months ended in Sep. 2025 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2025 )/Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=42.3295/20.624*365 / 2
=374.57

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

Piquadro SpA's Inventory Turnover for the quarter that ended in Sep. 2025 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2025 ) / Average Total Inventories (Q: Sep. 2025 )
=20.624 / 42.3295
=0.49

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.

Piquadro SpA's Inventory to Revenue for the quarter that ended in Sep. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2025 ) / Revenue (Q: Sep. 2025 )
=42.3295 / 88.407
=0.48

* 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

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.


Piquadro SpA Total Inventories Related Terms


Piquadro SpA Total Inventories Historical Data

* Premium members only.

The historical data trend for Piquadro 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.

Piquadro SpA Total Inventories Chart

Piquadro SpA Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.05 37.43 37.26 43.08 39.06

Piquadro SpA Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.26 43.04 43.08 41.58 39.06
MIL:PQ
82GF Score
Piquadro SpA MIL:PQ
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Piquadro 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of €41.6 Mil mean?
Piquadro SpA (MIL:PQ) has a Total Inventories of €41.6 Mil as of Sep. 2025. The total amount of inventory as recorded on a company's balance sheet. View historical data for Piquadro SpA and its competitors.
Is Piquadro SpA's Total Inventories too high?
Piquadro SpA's current Total Inventories is €41.6 Mil. Overall, Piquadro SpA has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Piquadro SpA's Total Inventories compare to NKE and DECK?
Piquadro SpA's Total Inventories of €41.6 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Manufacturing - Apparel & Accessories company?
A good Total Inventories depends on the Manufacturing - Apparel & Accessories industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Piquadro SpA and its competitors. Piquadro SpA's current Total Inventories is €41.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piquadro SpA stock overvalued right now?
Based on GuruFocus' analysis, Piquadro SpA (MIL:PQ) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.19, compared to a current price of €2.76 — trading 26% above its estimated fair value. The current Total Inventories is €41.6 Mil. Piquadro SpA's overall GF Score™ is 82/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Piquadro SpA (MIL:PQ), the current Total Inventories is €41.6 Mil as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Piquadro SpA (MIL:PQ) Overvalued in 2026?

Based on GuruFocus' analysis, Piquadro SpA stock appears to be overvalued. The current stock price of €2.76 is trading 26% above its estimated GF Value™ of €2.19. GuruFocus considers Piquadro SpA to be Modestly Overvalued.

Key valuation signals for MIL:PQ:

  • Total Inventories: €41.6 Mil
  • GF Value™: €2.19 vs. price of €2.76 (26% above fair value)
  • GF Score™: 82/100 with 6 warning signs

No single metric tells the full story. See the MIL:PQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Piquadro SpA Business Description

Other Exchanges 0HPP:UK4LZ:Germany
Address Localita Sassuriano, 246, Silla di Gaggio Montano, Bologna, ITA, 40041
Piquadro SpA operates in the leather goods market. It is engaged in the design, manufacturing, and marketing of leather goods. The company's product portfolio includes bags and briefcases, women's purses, small leather articles such as wallets, billfolds, key holders, etc., sneakers, jackets, and others. The products are marketed through Piquadro, The Bridge, and Lancel brands which are also the company's reportable segments. Maximum revenue is generated from the Piquadro segment. Geographically, the company derives maximum revenue from Europe (excluding Italy) followed by Italy, and other regions.
82GF Score

Get the complete analysis for MIL:PQ

Total Inventories is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.76
Price
€2.19
GF Value