Simone SpA (MIL:SMN) Days Inventory : 131.72 (As of Jun. 2023)

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What is Simone SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Simone SpA's Average Total Inventories for the six months ended in Jun. 2023 was €4.17 Mil. Simone SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was €5.78 Mil. Hence, Simone SpA's Days Inventory for the six months ended in Jun. 2023 was 131.72.

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

MIL:SMN' s Days Inventory Range Over the Past 10 Years
Min: 135.43 Med: 138.36 Max: 263.45
Current: 263.45

During the past 2 years, Simone SpA's highest Days Inventory was 263.45. The lowest was 135.43. And the median was 138.36.

MIL:SMN's Days Inventory is ranked worse than
90.74% of 659 companies
in the Media - Diversified industry
Industry Median: 25.44 vs MIL:SMN: 263.45

Simone SpA's Days Inventory increased from Dec. 2021 (0.00) to Jun. 2023 (131.72). It might indicate that Simone SpA's sales slowed down.

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. Simone SpA's Inventory Turnover for the six months ended in Jun. 2023 was 1.39.

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. Simone SpA's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.49.

Simone SpA Days Inventory Historical Data

The historical data trend for Simone 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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Simone SpA Days Inventory Chart

Simone SpA Annual Data

Trend

Dec21

Dec22

Days Inventory

135.43

141.29

Simone SpA Semi-Annual Data
	Dec21	Dec22	Jun23
Days Inventory	-	-	131.72

Competitive Comparison of Simone SpA's Days Inventory

For the Publishing subindustry, Simone 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.

Simone SpA's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Simone SpA's Days Inventory distribution charts can be found below:

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

Simone SpA Days Inventory Calculation

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

Simone 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
=	( (2.679	+	4.076)	/	2 )	/	8.725	*	365
=	3.3775					/	8.725	*	365
=	141.29

Simone 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
=	( (4.076	+	4.262)	/	2 )	/	5.776	*	365 / 2
=	4.169					/	5.776	*	365 / 2
=	131.72

Simone SpA (MIL:SMN) 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.

Simone SpA's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5.776	/	4.169
	=	1.39

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.

Simone SpA's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.169	/	8.538
	=	0.49

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.

Simone SpA Days Inventory Related Terms

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

Simone SpA (MIL:SMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Simone SpA (MIL:SMN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Riviera di Chiaia 256, Napoli, ITA, 80121

Website

https://www.edizioni.simone.it

Simone SpA is a publishing company based in Naples, Italy. It mainly publishes educational materials and textbooks.