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Il Sole 24 Ore (MIL:S24) Days Inventory : 126.73 (As of Dec. 2023)


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What is Il Sole 24 Ore Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Il Sole 24 Ore's Average Total Inventories for the three months ended in Dec. 2023 was €3.4 Mil. Il Sole 24 Ore's Cost of Goods Sold for the three months ended in Dec. 2023 was €2.5 Mil. Hence, Il Sole 24 Ore's Days Inventory for the three months ended in Dec. 2023 was 126.73.

The historical rank and industry rank for Il Sole 24 Ore's Days Inventory or its related term are showing as below:

MIL:S24' s Days Inventory Range Over the Past 10 Years
Min: 82.9   Med: 111.99   Max: 165.8
Current: 165.8

During the past 13 years, Il Sole 24 Ore's highest Days Inventory was 165.80. The lowest was 82.90. And the median was 111.99.

MIL:S24's Days Inventory is ranked worse than
83.76% of 659 companies
in the Media - Diversified industry
Industry Median: 25.44 vs MIL:S24: 165.80

Il Sole 24 Ore's Days Inventory increased from Dec. 2022 (111.77) to Dec. 2023 (126.73). It might indicate that Il Sole 24 Ore's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Il Sole 24 Ore's Inventory Turnover for the three months ended in Dec. 2023 was 0.72.

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. Il Sole 24 Ore's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.05.


Il Sole 24 Ore Days Inventory Historical Data

The historical data trend for Il Sole 24 Ore'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.

Il Sole 24 Ore Days Inventory Chart

Il Sole 24 Ore 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 117.64 119.98 98.91 111.99 143.38

Il Sole 24 Ore Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 125.03 160.44 209.18 126.73 222.13

Competitive Comparison of Il Sole 24 Ore's Days Inventory

For the Publishing subindustry, Il Sole 24 Ore'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.


Il Sole 24 Ore's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Il Sole 24 Ore's Days Inventory distribution charts can be found below:

* The bar in red indicates where Il Sole 24 Ore's Days Inventory falls into.



Il Sole 24 Ore Days Inventory Calculation

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

Il Sole 24 Ore'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
=( (2.936 + 3.408) / 2 ) / 8.075*365
=3.172 / 8.075*365
=143.38

Il Sole 24 Ore'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (3.447 + 3.408) / 2 ) / 2.468*365 / 4
=3.4275 / 2.468*365 / 4
=126.73

* 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.


Il Sole 24 Ore  (MIL:S24) 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.

Il Sole 24 Ore's Inventory Turnover for the three 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.

Il Sole 24 Ore's Inventory to Revenue for the three 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.


Il Sole 24 Ore Days Inventory Related Terms

Thank you for viewing the detailed overview of Il Sole 24 Ore's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Il Sole 24 Ore (MIL:S24) Business Description

Traded in Other Exchanges
Address
Via Monte Rosa, 91, Milan, MI, ITA, 20149
Il Sole 24 Ore is engaged in publishing news, books, and magazines. The company's segments are categorized into seven divisions. The Publishing and Digital division engages in publishing the daily newspaper, broadsheets, magazines, website, and the radiocor plus press agency. The Tax and legal segment provide products with technical and regulatory content. Its Radio segment manages the national radio 24 broadcasters. The System segment functions as an advertising sales agency. The Education and services segment provides training to young university graduates, managers, and professionals. The Culture segment comprises of the production of exhibitions and book publication. The Corporate and centralized services seek departments and the services associated with the support processes.

Il Sole 24 Ore (MIL:S24) Headlines

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