Fincantieri SpA (MIL:FCT) Days Inventory : 29.27 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Fincantieri SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fincantieri SpA's Average Total Inventories for the six months ended in Dec. 2023 was €497 Mil. Fincantieri SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €3,098 Mil. Hence, Fincantieri SpA's Days Inventory for the six months ended in Dec. 2023 was 29.27.

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

MIL:FCT' s Days Inventory Range Over the Past 10 Years
Min: 22 Med: 29.54 Max: 40.89
Current: 30.43

During the past 13 years, Fincantieri SpA's highest Days Inventory was 40.89. The lowest was 22.00. And the median was 29.54.

MIL:FCT's Days Inventory is ranked better than
89.62% of 289 companies
in the Aerospace & Defense industry
Industry Median: 139.54 vs MIL:FCT: 30.43

Fincantieri SpA's Days Inventory increased from Dec. 2022 (27.67) to Dec. 2023 (29.27). It might indicate that Fincantieri SpA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fincantieri SpA's Inventory Turnover for the six months ended in Dec. 2023 was 6.23.

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. Fincantieri SpA's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.13.

Fincantieri SpA Days Inventory Historical Data

The historical data trend for Fincantieri 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.

Fincantieri SpA Days Inventory Chart

Fincantieri SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

32.06

28.70

28.22

28.45

30.37

Fincantieri SpA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															26.35	29.49	27.67	31.75	29.27

Competitive Comparison of Fincantieri SpA's Days Inventory

For the Aerospace & Defense subindustry, Fincantieri 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.

Fincantieri SpA's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Fincantieri SpA's Days Inventory distribution charts can be found below:

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

Fincantieri SpA Days Inventory Calculation

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

Fincantieri 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
=	( (497.61	+	494.706)	/	2 )	/	5963.622	*	365
=	496.158					/	5963.622	*	365
=	30.37

Fincantieri 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
=	( (499.262	+	494.706)	/	2 )	/	3098.254	*	365 / 2
=	496.984					/	3098.254	*	365 / 2
=	29.27

Fincantieri SpA (MIL:FCT) 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.

Fincantieri SpA's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3098.254	/	496.984
	=	6.23

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.

Fincantieri SpA's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	496.984	/	3794.72
	=	0.13

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.

Fincantieri SpA Days Inventory Related Terms

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

Fincantieri SpA (MIL:FCT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Fincantieri SpA (MIL:FCT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

FNCNF:USA 0QWN:UK 1F8:Germany

Address

Via Genova No 1, Trieste, ITA, 34121

Website

https://www.fincantieri.com

Fincantieri SpA constructs cruise ships, ferries, naval vessels, and other ships. It has three segments: equipment, systems, and services; shipbuilding; and offshore. The company's high-technology equipment and systems for ships provide stabilization, directional control, and power generation. Moreover, product lifecycle management and training generate aftermarket sales. The offshore segment builds drillships and drilling rigs with capabilities to operate in water. The company operates in various countries spreading across four continents (Europe, North America, South America, and Asia). It is not dependent on any specific country, as Italy generates the most sales.