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BolognaFiere SpA (FRA:I0N) Days Inventory : 16.26 (As of Dec. 2023)


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What is BolognaFiere SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). BolognaFiere SpA's Average Total Inventories for the six months ended in Dec. 2023 was €7.7 Mil. BolognaFiere SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €86.8 Mil. Hence, BolognaFiere SpA's Days Inventory for the six months ended in Dec. 2023 was 16.26.

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

FRA:I0N' s Days Inventory Range Over the Past 10 Years
Min: 18.03   Med: 19.04   Max: 40.63
Current: 18.03

During the past 3 years, BolognaFiere SpA's highest Days Inventory was 40.63. The lowest was 18.03. And the median was 19.04.

FRA:I0N's Days Inventory is not ranked
in the Business Services industry.
Industry Median: 29.67 vs FRA:I0N: 18.03

BolognaFiere SpA's Days Inventory declined from Dec. 2022 (17.15) to Dec. 2023 (16.26).

Inventory Turnover measures how fast the company turns over its inventory within a year. BolognaFiere SpA's Inventory Turnover for the six months ended in Dec. 2023 was 11.23.

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. BolognaFiere SpA's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.08.


BolognaFiere SpA Days Inventory Historical Data

The historical data trend for BolognaFiere 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.

BolognaFiere SpA Days Inventory Chart

BolognaFiere SpA Annual Data
Trend Dec21 Dec22 Dec23
Days Inventory
40.63 19.04 18.14

BolognaFiere SpA Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory - 22.02 17.15 20.11 16.26

Competitive Comparison of BolognaFiere SpA's Days Inventory

For the Specialty Business Services subindustry, BolognaFiere 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.


BolognaFiere SpA's Days Inventory Distribution in the Business Services Industry

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

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



BolognaFiere SpA Days Inventory Calculation

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

BolognaFiere SpA's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (7.805 + 7.796) / 2 ) / 156.995*365
=7.8005 / 156.995*365
=18.14

BolognaFiere SpA's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (7.667 + 7.796) / 2 ) / 86.79*365 / 2
=7.7315 / 86.79*365 / 2
=16.26

* 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.


BolognaFiere SpA  (FRA:I0N) 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.

BolognaFiere SpA's Inventory Turnover for the six months ended in Dec. 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.

BolognaFiere SpA's Inventory to Revenue for the six months ended in Dec. 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.


BolognaFiere SpA Days Inventory Related Terms

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


BolognaFiere SpA (FRA:I0N) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Viale della Fiera, 20, Bologna, ITA, 40127
BolognaFiere SpA is an exhibition operator in Italy. It covers the full industry supply chain - trade fair and event organisation, venue management, booth installation, and architecture - operating in over 10 countries in 3 continents (Europe, Asia, and America). The Group operates both in Italy and internationally, organizing exhibition events and providing installation and architecture services in more than 15 foreign countries (including Germany, France, Switzerland, USA, Mexico, China, India, Thailand, United Arab Emirates, etc.

BolognaFiere SpA (FRA:I0N) Headlines

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