VNE SpA (MIL:VNE) Total Inventories: €5.73 Mil (As of Dec. 2025)


MIL:VNE VNE SpA MIL:VNE
33 GF Score
Price €2.40
GF Value €3.72
Valuation Possible Value Trap
! 2 Warning Signs
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What is VNE SpA Total Inventories?

VNE SpA MIL:VNE 33 Total Inventories is €5.73 Mil as of Dec. 2025. GuruFocus rates MIL:VNE with a GF Score™ of 33/100 and a GF Value™ of €3.72 (Possible Value Trap). The stock has 2 warning signs investors should review.

VNE SpA's total inventories for the quarter that ended in Dec. 2025 was €5.73 Mil. VNE SpA's average total inventories from the quarter that ended in Jun. 2025 to the quarter that ended in Dec. 2025 was €5.43 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. VNE SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was €-0.98.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. VNE SpA's Days Inventory for the six months ended in Dec. 2025 was 269.43.

Inventory Turnover measures how fast the company turns over its inventory within a year. VNE SpA's Inventory Turnover for the quarter that ended in Dec. 2025 was 0.68.

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. VNE SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.60.


VNE SpA  (MIL:VNE) 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.

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

Net-Net Working Capital Per Share (Q: Dec. 2025 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.424+0.75 * 9.006+0.5 * 5.731-15.073
-0-0)/3.105
=-0.98

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

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

Days Inventory=Average Total Inventories (Q: Dec. 2025 )/Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=5.427/3.676*365 / 2
=269.43

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

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

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2025 ) / Average Total Inventories (Q: Dec. 2025 )
=3.676 / 5.427
=0.68

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.

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

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=5.427 / 9.015
=0.60

* 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.


VNE SpA Total Inventories Related Terms


VNE SpA Total Inventories Historical Data

* Premium members only.

The historical data trend for VNE 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.

VNE SpA Total Inventories Chart

VNE SpA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
2.63 3.30 3.28 4.58 5.73

VNE SpA Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Total Inventories Get a 7-Day Free Trial 3.28 4.15 4.58 5.12 5.73
MIL:VNE
33GF Score
VNE SpA MIL:VNE
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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VNE 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 €5.73 Mil mean?
VNE SpA (MIL:VNE) has a Total Inventories of €5.73 Mil as of Dec. 2025. The total amount of inventory as recorded on a company's balance sheet. View historical data for VNE SpA and its competitors.
Is VNE SpA's Total Inventories too high?
VNE SpA's current Total Inventories is €5.73 Mil. Overall, VNE SpA has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does VNE SpA's Total Inventories compare to GEV and ETN?
VNE SpA's Total Inventories of €5.73 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Total Inventories depends on the Industrial Products 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 VNE SpA and its competitors. VNE SpA's current Total Inventories is €5.73 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VNE SpA stock overvalued right now?
Based on GuruFocus' analysis, VNE SpA (MIL:VNE) is currently considered Possible Value Trap. The stock's GF Value™ is €3.72, compared to a current price of €2.40 — trading 35.5% below its estimated fair value. The current Total Inventories is €5.73 Mil. VNE SpA's overall GF Score™ is 33/100 with 2 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 VNE SpA (MIL:VNE), the current Total Inventories is €5.73 Mil as of Dec. 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 VNE SpA (MIL:VNE) Overvalued in 2026?

Based on GuruFocus' analysis, VNE SpA stock appears to be undervalued. The current stock price of €2.40 is trading 35.5% below its estimated GF Value™ of €3.72. GuruFocus considers VNE SpA to be Possible Value Trap.

Key valuation signals for MIL:VNE:

  • Total Inventories: €5.73 Mil
  • GF Value™: €3.72 vs. price of €2.40 (35.5% below fair value)
  • GF Score™: 33/100 with 2 warning signs

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


VNE SpA Business Description

Address Via Biagioni, 371 loc. Querceta, Seravezza (Lu), ITA, 55047
VNE SpA produces hardware and software for the management of banknotes, coins, and, more generally, payments and transactions through cash and cashless systems, offering a wide range of customized products. It creates, samples, and produces all its appliances internally. The company offers consulting and commercial assistance all over the world through a stable and efficient operating network; moreover, it guarantees qualified and immediate maintenance and technical assistance anywhere on every type of machine. The main markets where the company operates internationally are gambling, retail & vending, casino & ticket, and wherever there is a need to manage payments or automated transactions.
33GF Score

Get the complete analysis for MIL:VNE

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

€2.40
Price
€3.72
GF Value