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Ratti SpA (MIL:RAT) Days Inventory : 335.45 (As of Dec. 2023)


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What is Ratti SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ratti SpA's Average Total Inventories for the six months ended in Dec. 2023 was €35.32 Mil. Ratti SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €19.21 Mil. Hence, Ratti SpA's Days Inventory for the six months ended in Dec. 2023 was 335.45.

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

MIL:RAT' s Days Inventory Range Over the Past 10 Years
Min: 221.85   Med: 286.66   Max: 407.12
Current: 400.18

During the past 13 years, Ratti SpA's highest Days Inventory was 407.12. The lowest was 221.85. And the median was 286.66.

MIL:RAT's Days Inventory is ranked worse than
93.51% of 1001 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.24 vs MIL:RAT: 400.18

Ratti SpA's Days Inventory declined from Dec. 2022 (345.53) to Dec. 2023 (335.45).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ratti SpA's Inventory Turnover for the six months ended in Dec. 2023 was 0.54.

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. Ratti SpA's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.74.


Ratti SpA Days Inventory Historical Data

The historical data trend for Ratti 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.

Ratti SpA Days Inventory Chart

Ratti SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 284.09 407.12 347.19 381.85 382.76

Ratti SpA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 309.46 548.29 345.53 523.76 335.45

Competitive Comparison of Ratti SpA's Days Inventory

For the Textile Manufacturing subindustry, Ratti 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.


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

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

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



Ratti SpA Days Inventory Calculation

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

Ratti 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
=( (32.972 + 33.091) / 2 ) / 31.499*365
=33.0315 / 31.499*365
=382.76

Ratti 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
=( (37.542 + 33.091) / 2 ) / 19.214*365 / 2
=35.3165 / 19.214*365 / 2
=335.45

* 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.


Ratti SpA  (MIL:RAT) 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.

Ratti SpA's Inventory Turnover for the six months ended in Dec. 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.

Ratti SpA's Inventory to Revenue for the six months ended in Dec. 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.


Ratti SpA Days Inventory Related Terms

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


Ratti SpA (MIL:RAT) Business Description

Traded in Other Exchanges
Address
Via Madonna, 30, Guanzate, Como, ITA, 22070
Ratti SpA is engaged in the business of manufacturing fabrics and accessories. The company offers printed, plain, yarn-dyed, and jacquard fabrics for women's ready-to-wear, beachwear, and handbags, headscarves, shawls, ties, fabrics for bags, and garment prints among others.

Ratti SpA (MIL:RAT) Headlines

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