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Pattern SpA (MIL:PTR) Days Inventory : 47.91 (As of Jun. 2023)


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What is Pattern SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Pattern SpA's Average Total Inventories for the six months ended in Jun. 2023 was €11.2 Mil. Pattern SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was €42.8 Mil. Hence, Pattern SpA's Days Inventory for the six months ended in Jun. 2023 was 47.91.

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

MIL:PTR' s Days Inventory Range Over the Past 10 Years
Min: 30.75   Med: 40.06   Max: 82.92
Current: 82.92

During the past 8 years, Pattern SpA's highest Days Inventory was 82.92. The lowest was 30.75. And the median was 40.06.

MIL:PTR's Days Inventory is ranked better than
72.22% of 1015 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.14 vs MIL:PTR: 82.92

Pattern SpA's Days Inventory declined from Jun. 2022 (54.95) to Jun. 2023 (47.91).

Inventory Turnover measures how fast the company turns over its inventory within a year. Pattern SpA's Inventory Turnover for the six months ended in Jun. 2023 was 3.81.

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. Pattern SpA's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.16.


Pattern SpA Days Inventory Historical Data

The historical data trend for Pattern 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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Pattern SpA Days Inventory Chart

Pattern SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 30.75 40.97 50.58 45.17 -

Pattern SpA Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 56.75 54.95 45.69 47.91 -

Competitive Comparison of Pattern SpA's Days Inventory

For the Apparel Manufacturing subindustry, Pattern 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.


Pattern SpA's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Pattern SpA's Days Inventory distribution charts can be found below:

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



Pattern SpA Days Inventory Calculation

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

Pattern 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
=( (8.29 + 9.359) / 2 ) / 71.312*365
=8.8245 / 71.312*365
=45.17

Pattern 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
=( (9.359 + 13.135) / 2 ) / 42.841*365 / 2
=11.247 / 42.841*365 / 2
=47.91

* 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.


Pattern SpA  (MIL:PTR) 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.

Pattern 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.

Pattern 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.


Pattern SpA Days Inventory Related Terms

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


Pattern SpA (MIL:PTR) Business Description

Traded in Other Exchanges
N/A
Address
Via Italia, 6/A10093, Collegno, Torino, ITA
Pattern SpA is an Italy based company focused on the apparels industry. Its business process comprises of Pattern and Garment Engineering, Prototyping and Sampling and Manufacturing and Producing of Garments.

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