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Servizi Italia SpA (LTS:0NJ3) Days Inventory : 26.97 (As of Mar. 2024)


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What is Servizi Italia SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Servizi Italia SpA's Average Total Inventories for the three months ended in Mar. 2024 was €9.2 Mil. Servizi Italia SpA's Cost of Goods Sold for the three months ended in Mar. 2024 was €31.1 Mil. Hence, Servizi Italia SpA's Days Inventory for the three months ended in Mar. 2024 was 26.97.

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

LTS:0NJ3' s Days Inventory Range Over the Past 10 Years
Min: 14.78   Med: 21.62   Max: 26.69
Current: 26.01

During the past 13 years, Servizi Italia SpA's highest Days Inventory was 26.69. The lowest was 14.78. And the median was 21.62.

LTS:0NJ3's Days Inventory is ranked better than
51.76% of 680 companies
in the Business Services industry
Industry Median: 28.965 vs LTS:0NJ3: 26.01

Servizi Italia SpA's Days Inventory increased from Mar. 2023 (23.12) to Mar. 2024 (26.97). It might indicate that Servizi Italia SpA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Servizi Italia SpA's Inventory Turnover for the three months ended in Mar. 2024 was 3.38.

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. Servizi Italia SpA's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.13.


Servizi Italia SpA Days Inventory Historical Data

The historical data trend for Servizi Italia 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.

Servizi Italia SpA Days Inventory Chart

Servizi Italia SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.15 26.21 26.69 24.11 25.52

Servizi Italia SpA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.12 25.35 26.54 25.42 26.97

Competitive Comparison of Servizi Italia SpA's Days Inventory

For the Specialty Business Services subindustry, Servizi Italia 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.


Servizi Italia SpA's Days Inventory Distribution in the Business Services Industry

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

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



Servizi Italia SpA Days Inventory Calculation

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

Servizi Italia 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
=( (8.553 + 9.244) / 2 ) / 127.278*365
=8.8985 / 127.278*365
=25.52

Servizi Italia SpA's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (9.244 + 9.109) / 2 ) / 31.052*365 / 4
=9.1765 / 31.052*365 / 4
=26.97

* 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.


Servizi Italia SpA  (LTS:0NJ3) 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.

Servizi Italia SpA's Inventory Turnover for the three months ended in Mar. 2024 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.

Servizi Italia SpA's Inventory to Revenue for the three months ended in Mar. 2024 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.


Servizi Italia SpA Days Inventory Related Terms

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


Servizi Italia SpA (LTS:0NJ3) Business Description

Traded in Other Exchanges
Address
Via San Pietro 59/B, Castellina di Soragna, ITA, 43019
Servizi Italia SpA is an Italy-based company. Together with its subsidiaries, the firm operates in three segments including Wash hire, Linen sterilisation, and Sterilisation of surgical instruments. Wash hire segment includes planning and provision of integrated hire, reconditioning and logistics services for textile items, mattresses, and accessories. Linen sterilisation includes the planning and rental of sterile medical devices. Sterilisation of surgical instruments includes planning and provision of washing, packaging and sterilisation services for surgical instruments and accessories. The majority of the revenues are generated from the Wash Hire segment. The group operates in Turkey, Brazil, and Italy, out of which the majority of the revenue comes from Italy.

Servizi Italia SpA (LTS:0NJ3) Headlines

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