Star7 SpA (MIL:STAR7) Days Inventory : 18.82 (As of Dec. 2023)

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What is Star7 SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Star7 SpA's Average Total Inventories for the six months ended in Dec. 2023 was €2.5 Mil. Star7 SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €23.8 Mil. Hence, Star7 SpA's Days Inventory for the six months ended in Dec. 2023 was 18.82.

The historical rank and industry rank for Star7 SpA's Days Inventory or its related term are showing as below:

MIL:STAR7' s Days Inventory Range Over the Past 10 Years
Min: 8.55 Med: 14.19 Max: 19.22
Current: 19.22

During the past 5 years, Star7 SpA's highest Days Inventory was 19.22. The lowest was 8.55. And the median was 14.19.

MIL:STAR7's Days Inventory is ranked better than
57.5% of 680 companies
in the Business Services industry
Industry Median: 28.965 vs MIL:STAR7: 19.22

Star7 SpA's Days Inventory declined from Dec. 2022 (19.69) to Dec. 2023 (18.82).

Inventory Turnover measures how fast the company turns over its inventory within a year. Star7 SpA's Inventory Turnover for the six months ended in Dec. 2023 was 9.70.

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. Star7 SpA's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.05.

Star7 SpA Days Inventory Historical Data

The historical data trend for Star7 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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Star7 SpA Days Inventory Chart

Star7 SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

8.55

10.83

14.19

17.77

19.20

Star7 SpA Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial				23.66	17.65	19.69	19.66	18.82

Competitive Comparison of Star7 SpA's Days Inventory

For the Specialty Business Services subindustry, Star7 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.

Star7 SpA's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Star7 SpA's Days Inventory distribution charts can be found below:

* The bar in red indicates where Star7 SpA's Days Inventory falls into.

Star7 SpA Days Inventory Calculation

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

Star7 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
=	( (2.4	+	2.463)	/	2 )	/	46.216	*	365
=	2.4315					/	46.216	*	365
=	19.20

Star7 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
=	( (2.437	+	2.463)	/	2 )	/	23.764	*	365 / 2
=	2.45					/	23.764	*	365 / 2
=	18.82

Star7 SpA (MIL:STAR7) 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.

Star7 SpA's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	23.764	/	2.45
	=	9.70

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.

Star7 SpA's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.45	/	53.762
	=	0.05

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.

Star7 SpA Days Inventory Related Terms

Thank you for viewing the detailed overview of Star7 SpA's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Star7 SpA (MIL:STAR7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Star7 SpA (MIL:STAR7) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Alessandria, 37/B, Valle San Bartolomeo, Alessandria, ITA, I-15122

Website

https://www.star-7.com

Star7 SpA operates in the fields of translation and interpreting, automation of translation processes and language technologies, technical editing and content engineering, dedicated IT development, and print-on-demand. The company not only offers translations but also is a provider of copywriting services, language consultancy for companies, and interpreting and management of company terminology.

Star7 SpA (MIL:STAR7) Headlines

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