Radici Pietro Industries & Brands SpA (MIL:RAD) Days Inventory : 182.48 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Radici Pietro Industries & Brands SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Radici Pietro Industries & Brands SpA's Average Total Inventories for the six months ended in Dec. 2023 was €22.21 Mil. Radici Pietro Industries & Brands SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €22.22 Mil. Hence, Radici Pietro Industries & Brands SpA's Days Inventory for the six months ended in Dec. 2023 was 182.48.

The historical rank and industry rank for Radici Pietro Industries & Brands SpA's Days Inventory or its related term are showing as below:

MIL:RAD' s Days Inventory Range Over the Past 10 Years
Min: 132.94 Med: 175.37 Max: 216.93
Current: 186.06

During the past 7 years, Radici Pietro Industries & Brands SpA's highest Days Inventory was 216.93. The lowest was 132.94. And the median was 175.37.

MIL:RAD's Days Inventory is ranked worse than
85.71% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.325 vs MIL:RAD: 186.06

Radici Pietro Industries & Brands SpA's Days Inventory declined from Dec. 2022 (190.84) to Dec. 2023 (182.48).

Inventory Turnover measures how fast the company turns over its inventory within a year. Radici Pietro Industries & Brands SpA's Inventory Turnover for the six months ended in Dec. 2023 was 1.00.

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. Radici Pietro Industries & Brands SpA's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.75.

Radici Pietro Industries & Brands SpA Days Inventory Historical Data

The historical data trend for Radici Pietro Industries & Brands 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.

Radici Pietro Industries & Brands SpA Days Inventory Chart

Radici Pietro Industries & Brands SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

155.32

216.93

206.41

175.37

184.53

Radici Pietro Industries & Brands SpA Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial							198.99	174.13	190.84	191.45	182.48

Competitive Comparison of Radici Pietro Industries & Brands SpA's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Radici Pietro Industries & Brands 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.

Radici Pietro Industries & Brands SpA's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Radici Pietro Industries & Brands SpA's Days Inventory distribution charts can be found below:

* The bar in red indicates where Radici Pietro Industries & Brands SpA's Days Inventory falls into.

Radici Pietro Industries & Brands SpA Days Inventory Calculation

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

Radici Pietro Industries & Brands 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
=	( (21.502	+	22.087)	/	2 )	/	43.11	*	365
=	21.7945					/	43.11	*	365
=	184.53

Radici Pietro Industries & Brands 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
=	( (22.338	+	22.087)	/	2 )	/	22.215	*	365 / 2
=	22.2125					/	22.215	*	365 / 2
=	182.48

Radici Pietro Industries & Brands SpA (MIL:RAD) 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.

Radici Pietro Industries & Brands SpA's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	22.215	/	22.2125
	=	1.00

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.

Radici Pietro Industries & Brands SpA's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	22.2125	/	29.697
	=	0.75

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.

Radici Pietro Industries & Brands SpA Days Inventory Related Terms

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

Radici Pietro Industries & Brands SpA (MIL:RAD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Radici Pietro Industries & Brands SpA (MIL:RAD) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Cavalier Pietro Radici, 19, Cazzano Sant'Andrea, Bergamo, ITA, 24026

Website

http://www.sit-in.it

Radici Pietro Industries & Brands SpA is engaged in the carpet business. It offers carpets for various industries such as Hotels, Offices, Ships, Aircraftm Automotive, Residential and others.

Radici Pietro Industries & Brands SpA (MIL:RAD) Headlines

No Headlines