GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telecom Italia SpA (MIL:TIT) » Definitions » Days Inventory

Telecom Italia SpA (MIL:TIT) Days Inventory : 19.70 (As of Sep. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Telecom Italia SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Telecom Italia SpA's Average Total Inventories for the three months ended in Sep. 2023 was €371 Mil. Telecom Italia SpA's Cost of Goods Sold for the three months ended in Sep. 2023 was €1,716 Mil. Hence, Telecom Italia SpA's Days Inventory for the three months ended in Sep. 2023 was 19.70.

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

MIL:TIT' s Days Inventory Range Over the Past 10 Years
Min: 13.07   Med: 14.81   Max: 19.56
Current: 18.43

During the past 13 years, Telecom Italia SpA's highest Days Inventory was 19.56. The lowest was 13.07. And the median was 14.81.

MIL:TIT's Days Inventory is ranked better than
52.03% of 296 companies
in the Telecommunication Services industry
Industry Median: 19.14 vs MIL:TIT: 18.43

Telecom Italia SpA's Days Inventory increased from Sep. 2022 (18.26) to Sep. 2023 (19.70). It might indicate that Telecom Italia SpA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Telecom Italia SpA's Inventory Turnover for the three months ended in Sep. 2023 was 4.63.

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. Telecom Italia SpA's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.09.


Telecom Italia SpA Days Inventory Historical Data

The historical data trend for Telecom Italia 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.

Telecom Italia SpA Days Inventory Chart

Telecom Italia SpA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.49 19.56 16.14 14.89 14.72

Telecom Italia SpA Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 18.26 15.02 18.74 20.33 19.70

Competitive Comparison of Telecom Italia SpA's Days Inventory

For the Telecom Services subindustry, Telecom Italia 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.


Telecom Italia SpA's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telecom Italia SpA's Days Inventory distribution charts can be found below:

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



Telecom Italia SpA Days Inventory Calculation

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

Telecom Italia 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
=( (253 + 284) / 2 ) / 6658*365
=268.5 / 6658*365
=14.72

Telecom Italia SpA's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (377 + 364) / 2 ) / 1716*365 / 4
=370.5 / 1716*365 / 4
=19.70

* 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.


Telecom Italia SpA  (MIL:TIT) 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.

Telecom Italia SpA's Inventory Turnover for the three months ended in Sep. 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.

Telecom Italia SpA's Inventory to Revenue for the three months ended in Sep. 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.


Telecom Italia SpA Days Inventory Related Terms

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


Telecom Italia SpA (MIL:TIT) Business Description

Address
Corso D'Italia, 41, Roma, ITA, 00198
Telecom Italia is the incumbent telecommunications operator in Italy with more than 30% market share in the Italian mobile market and 45% market share in broadband. In the mobile market, it competes with Vodafone, Wind Tre and Iliad. In November 2023 TIM sold its fixed network to KKR for EUR 18.8 billion, and will become a pure service provider. TIM also has a 20% wireless market share in Brazil and has started building a broadband network in the country, although its reach is very small compared with its competitors Telefonica and America Movil.

Telecom Italia SpA (MIL:TIT) Headlines

No Headlines