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Mevim SpA (MIL:MEV) Days Inventory : 18.99 (As of Jun. 2023)


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What is Mevim SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mevim SpA's Average Total Inventories for the six months ended in Jun. 2023 was €0.41 Mil. Mevim SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was €3.97 Mil. Hence, Mevim SpA's Days Inventory for the six months ended in Jun. 2023 was 18.99.

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

MIL:MEV' s Days Inventory Range Over the Past 10 Years
Min: 26.79   Med: 426.18   Max: 13182.68
Current: 26.79

During the past 13 years, Mevim SpA's highest Days Inventory was 13182.68. The lowest was 26.79. And the median was 426.18.

MIL:MEV's Days Inventory is ranked better than
87.88% of 1328 companies
in the Real Estate industry
Industry Median: 699.495 vs MIL:MEV: 26.79

Mevim SpA's Days Inventory declined from Jun. 2022 (80.28) to Jun. 2023 (18.99).

Inventory Turnover measures how fast the company turns over its inventory within a year. Mevim SpA's Inventory Turnover for the six months ended in Jun. 2023 was 9.61.

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. Mevim SpA's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.11.


Mevim SpA Days Inventory Historical Data

The historical data trend for Mevim 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.

Mevim SpA Days Inventory Chart

Mevim SpA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 508.52 337.34 574.24 150.12 57.35

Mevim SpA Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 567.78 112.21 80.28 39.30 18.99

Competitive Comparison of Mevim SpA's Days Inventory

For the Real Estate Services subindustry, Mevim 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.


Mevim SpA's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mevim SpA's Days Inventory distribution charts can be found below:

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



Mevim SpA Days Inventory Calculation

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

Mevim 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
=( (0.759 + 0.439) / 2 ) / 3.812*365
=0.599 / 3.812*365
=57.35

Mevim 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
=( (0.439 + 0.387) / 2 ) / 3.97*365 / 2
=0.413 / 3.97*365 / 2
=18.99

* 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.


Mevim SpA  (MIL:MEV) 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.

Mevim 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.

Mevim 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.


Mevim SpA Days Inventory Related Terms

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


Mevim SpA (MIL:MEV) Business Description

Traded in Other Exchanges
N/A
Address
Via Giuseppe Pisanell 4, Rome, ITA, 00196
Mevim SpA Formerly Imvest Spa is a real estate company. The company has two divisions namely Income, which includes real estate leasing services relating to commercial and office buildings. Trading and development include the purchase and sale of real estate.

Mevim SpA (MIL:MEV) Headlines

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