Vantea Smart SpA (MIL:VNT) Days Inventory : 8.45 (As of Jun. 2023)

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What is Vantea Smart SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vantea Smart SpA's Average Total Inventories for the six months ended in Jun. 2023 was €0.28 Mil. Vantea Smart SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was €6.03 Mil. Hence, Vantea Smart SpA's Days Inventory for the six months ended in Jun. 2023 was 8.45.

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

MIL:VNT' s Days Inventory Range Over the Past 10 Years
Min: 2.21 Med: 2.31 Max: 13.56
Current: 13.56

During the past 4 years, Vantea Smart SpA's highest Days Inventory was 13.56. The lowest was 2.21. And the median was 2.31.

MIL:VNT's Days Inventory is ranked better than
55.86% of 1561 companies
in the Software industry
Industry Median: 19.5 vs MIL:VNT: 13.56

Vantea Smart SpA's Days Inventory increased from Jun. 2022 (1.56) to Jun. 2023 (8.45). It might indicate that Vantea Smart SpA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vantea Smart SpA's Inventory Turnover for the six months ended in Jun. 2023 was 21.59.

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. Vantea Smart SpA's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.03.

Vantea Smart SpA Days Inventory Historical Data

The historical data trend for Vantea Smart 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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Vantea Smart SpA Days Inventory Chart

Vantea Smart SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

3.68

2.21

2.31

18.04

Vantea Smart SpA Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			2.36	1.56	3.15	8.45	28.66

Competitive Comparison of Vantea Smart SpA's Days Inventory

For the Information Technology Services subindustry, Vantea Smart 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.

Vantea Smart SpA's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Vantea Smart SpA's Days Inventory distribution charts can be found below:

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

Vantea Smart SpA Days Inventory Calculation

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

Vantea Smart 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
=	( (0.21	+	0.36)	/	2 )	/	44.986	*	365
=	0.285					/	44.986	*	365
=	2.31

Vantea Smart 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
=	( (0.36	+	0.198)	/	2 )	/	6.025	*	365 / 2
=	0.279					/	6.025	*	365 / 2
=	8.45

Vantea Smart SpA (MIL:VNT) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6.025	/	0.279
	=	21.59

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.279	/	7.978
	=	0.03

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.

Vantea Smart SpA Days Inventory Related Terms

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

Vantea Smart SpA (MIL:VNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Vantea Smart SpA (MIL:VNT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Tiburtina 1231, Rome, ITA, 00131

Website

https://www.vantea.com

Vantea Smart SpA is an Information Technology company that operates mainly in the Cybersecurity sector. It also offers consultancy in the field of System Integration and Software Development and Project development and Product development activities.