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Officina Stellare SpA (MIL:OS) Days Inventory : 841.04 (As of Jun. 2023)


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What is Officina Stellare SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Officina Stellare SpA's Average Total Inventories for the six months ended in Jun. 2023 was €12.15 Mil. Officina Stellare SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was €2.64 Mil. Hence, Officina Stellare SpA's Days Inventory for the six months ended in Jun. 2023 was 841.04.

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

MIL:OS' s Days Inventory Range Over the Past 10 Years
Min: 476.05   Med: 957.97   Max: 2558.19
Current: 965.36

During the past 7 years, Officina Stellare SpA's highest Days Inventory was 2558.19. The lowest was 476.05. And the median was 957.97.

MIL:OS's Days Inventory is ranked worse than
98.62% of 289 companies
in the Aerospace & Defense industry
Industry Median: 139.54 vs MIL:OS: 965.36

Officina Stellare SpA's Days Inventory declined from Jun. 2022 (5,813.08) to Jun. 2023 (841.04).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Officina Stellare SpA's Inventory Turnover for the six months ended in Jun. 2023 was 0.22.

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. Officina Stellare SpA's Inventory-to-Revenue for the six months ended in Jun. 2023 was 1.69.


Officina Stellare SpA Days Inventory Historical Data

The historical data trend for Officina Stellare 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.

Officina Stellare SpA Days Inventory Chart

Officina Stellare SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial 2,558.19 - 957.97 - 1,845.02

Officina Stellare SpA Semi-Annual Data
Dec16 Dec17 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 - - 5,813.08 1,166.20 841.04

Competitive Comparison of Officina Stellare SpA's Days Inventory

For the Aerospace & Defense subindustry, Officina Stellare 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.


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

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

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



Officina Stellare SpA Days Inventory Calculation

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

Officina Stellare 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
=( (9.454 + 12.201) / 2 ) / 2.142*365
=10.8275 / 2.142*365
=1,845.02

Officina Stellare 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
=( (12.201 + 12.104) / 2 ) / 2.637*365 / 2
=12.1525 / 2.637*365 / 2
=841.04

* 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.


Officina Stellare SpA  (MIL:OS) 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.

Officina Stellare 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.

Officina Stellare 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.


Officina Stellare SpA Days Inventory Related Terms

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


Officina Stellare SpA (MIL:OS) Business Description

Traded in Other Exchanges
N/A
Address
Via Della Tecnica, 87/89, Sarcedo, Vicenza, ITA, I-36030
Officina Stellare SpA is an innovative small-medium sized company based in Sarcedo, Vicenza. It is engaged in the designing and manufacturing of ground-breaking optomechanical system instrumentation for ground based telescopes and space applications.

Officina Stellare SpA (MIL:OS) Headlines

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