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Meglioquesto SpA (MIL:MQSPA) Days Inventory : 2.60 (As of Jun. 2023)


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What is Meglioquesto SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Meglioquesto SpA's Average Total Inventories for the six months ended in Jun. 2023 was €0.39 Mil. Meglioquesto SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was €27.51 Mil. Hence, Meglioquesto SpA's Days Inventory for the six months ended in Jun. 2023 was 2.60.

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

MIL:MQSPA' s Days Inventory Range Over the Past 10 Years
Min: 2.92   Med: 5.49   Max: 26.43
Current: 2.92

During the past 4 years, Meglioquesto SpA's highest Days Inventory was 26.43. The lowest was 2.92. And the median was 5.49.

MIL:MQSPA's Days Inventory is not ranked
in the Interactive Media industry.
Industry Median: 16.98 vs MIL:MQSPA: 2.92

Meglioquesto SpA's Days Inventory declined from Jun. 2022 (4.69) to Jun. 2023 (2.60).

Inventory Turnover measures how fast the company turns over its inventory within a year. Meglioquesto SpA's Inventory Turnover for the six months ended in Jun. 2023 was 70.18.

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. Meglioquesto SpA's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.58.


Meglioquesto SpA Days Inventory Historical Data

The historical data trend for Meglioquesto 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.

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Meglioquesto SpA Days Inventory Chart

Meglioquesto SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Days Inventory
26.43 5.94 5.03 3.61

Meglioquesto SpA Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Inventory Get a 7-Day Free Trial 6.37 4.00 4.69 3.42 2.60

Competitive Comparison of Meglioquesto SpA's Days Inventory

For the Internet Content & Information subindustry, Meglioquesto 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.


Meglioquesto SpA's Days Inventory Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Meglioquesto SpA's Days Inventory distribution charts can be found below:

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



Meglioquesto SpA Days Inventory Calculation

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

Meglioquesto 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
=( (0.393 + 0.489) / 2 ) / 44.556*365
=0.441 / 44.556*365
=3.61

Meglioquesto 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
=( (0.489 + 0.295) / 2 ) / 27.511*365 / 2
=0.392 / 27.511*365 / 2
=2.60

* 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.


Meglioquesto SpA  (MIL:MQSPA) 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.

Meglioquesto 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.

Meglioquesto 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.


Meglioquesto SpA Days Inventory Related Terms

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


Meglioquesto SpA (MIL:MQSPA) Business Description

Traded in Other Exchanges
Address
Via Tucidide, 56, Milano, ITA, 20134
Meglioquesto SpA is a portal that provides professional, personal and free assistance and offers a solution or service in line with requests, in total transparency. It constantly analyzes and compares offers and services to give the best customized solutions.

Meglioquesto SpA (MIL:MQSPA) Headlines

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