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Antares Vision SpA (Antares Vision SpA) Days Inventory : 191.29 (As of Jun. 2023)


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What is Antares Vision SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Antares Vision SpA's Average Total Inventories for the six months ended in Jun. 2023 was $56.6 Mil. Antares Vision SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was $54.0 Mil. Hence, Antares Vision SpA's Days Inventory for the six months ended in Jun. 2023 was 191.29.

The historical rank and industry rank for Antares Vision SpA's Days Inventory or its related term are showing as below:

ANTVF' s Days Inventory Range Over the Past 10 Years
Min: 145.01   Med: 175.79   Max: 281.07
Current: 175.29

During the past 7 years, Antares Vision SpA's highest Days Inventory was 281.07. The lowest was 145.01. And the median was 175.79.

ANTVF's Days Inventory is ranked worse than
87.24% of 682 companies
in the Business Services industry
Industry Median: 30.305 vs ANTVF: 175.29

Antares Vision SpA's Days Inventory increased from Jun. 2022 (190.68) to Jun. 2023 (191.29). It might indicate that Antares Vision SpA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Antares Vision SpA's Inventory Turnover for the six months ended in Jun. 2023 was 0.95.

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. Antares Vision SpA's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.51.


Antares Vision SpA Days Inventory Historical Data

The historical data trend for Antares Vision SpA's Days Inventory 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.

Antares Vision SpA Days Inventory Chart

Antares Vision SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial 233.22 284.19 186.86 156.19 159.19

Antares Vision SpA Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 152.91 165.31 190.68 154.10 191.29

Competitive Comparison of Antares Vision SpA's Days Inventory

For the Security & Protection Services subindustry, Antares Vision SpA's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Antares Vision SpA's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Antares Vision SpA's Days Inventory distribution charts can be found below:

* The bar in red indicates where Antares Vision SpA's Days Inventory falls into.



Antares Vision SpA Days Inventory Calculation

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

Antares Vision SpA's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (42.458 + 51.168) / 2 ) / 107.335*365
=46.813 / 107.335*365
=159.19

Antares Vision SpA's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (51.168 + 62.108) / 2 ) / 54.036*365 / 2
=56.638 / 54.036*365 / 2
=191.29

* 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.


Antares Vision SpA  (OTCPK:ANTVF) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Antares Vision SpA's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

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.

Antares Vision SpA's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Antares Vision SpA Days Inventory Related Terms

Thank you for viewing the detailed overview of Antares Vision SpA's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Antares Vision SpA (Antares Vision SpA) Business Description

Traded in Other Exchanges
Address
Via Del Ferro 16, Travagliato, Brescia, ITA, 25039
Antares Vision SpA is engaged in providing control systems and traceability solutions. The business activities of the group include designing, manufacturing, installing, and maintaining critical systems for the most demanding customers in the world. The company offers products such as Track and Trace devices, Inspection systems, Inspection machines, and Smart data management systems. Its geographical segments are Italy, Europe, North and South America, Asia, Oceania, Africa, and the Middle East.

Antares Vision SpA (Antares Vision SpA) Headlines

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