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Aksa Akrilik Kimyanayii AS (IST:AKSA) Days Inventory : 25.00 (As of Dec. 2023)


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What is Aksa Akrilik Kimyanayii AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aksa Akrilik Kimyanayii AS's Average Total Inventories for the three months ended in Dec. 2023 was ₺2,782 Mil. Aksa Akrilik Kimyanayii AS's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺10,155 Mil. Hence, Aksa Akrilik Kimyanayii AS's Days Inventory for the three months ended in Dec. 2023 was 25.00.

The historical rank and industry rank for Aksa Akrilik Kimyanayii AS's Days Inventory or its related term are showing as below:

IST:AKSA' s Days Inventory Range Over the Past 10 Years
Min: 23.81   Med: 52.18   Max: 75.71
Current: 47.16

During the past 13 years, Aksa Akrilik Kimyanayii AS's highest Days Inventory was 75.71. The lowest was 23.81. And the median was 52.18.

IST:AKSA's Days Inventory is ranked better than
87.09% of 1015 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.36 vs IST:AKSA: 47.16

Aksa Akrilik Kimyanayii AS's Days Inventory increased from Dec. 2022 (10.23) to Dec. 2023 (25.00). It might indicate that Aksa Akrilik Kimyanayii AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aksa Akrilik Kimyanayii AS's Inventory Turnover for the three months ended in Dec. 2023 was 3.65.

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. Aksa Akrilik Kimyanayii AS's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.25.


Aksa Akrilik Kimyanayii AS Days Inventory Historical Data

The historical data trend for Aksa Akrilik Kimyanayii AS'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.

Aksa Akrilik Kimyanayii AS Days Inventory Chart

Aksa Akrilik Kimyanayii AS 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 69.81 75.71 61.45 23.81 51.62

Aksa Akrilik Kimyanayii AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 10.23 66.98 76.28 60.85 25.00

Competitive Comparison of Aksa Akrilik Kimyanayii AS's Days Inventory

For the Textile Manufacturing subindustry, Aksa Akrilik Kimyanayii AS'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.


Aksa Akrilik Kimyanayii AS's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aksa Akrilik Kimyanayii AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Aksa Akrilik Kimyanayii AS's Days Inventory falls into.



Aksa Akrilik Kimyanayii AS Days Inventory Calculation

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

Aksa Akrilik Kimyanayii AS'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
=( (2203.034 + 3448.222) / 2 ) / 19979.732*365
=2825.628 / 19979.732*365
=51.62

Aksa Akrilik Kimyanayii AS'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
=( (2115.19 + 3448.222) / 2 ) / 10154.778*365 / 4
=2781.706 / 10154.778*365 / 4
=25.00

* 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.


Aksa Akrilik Kimyanayii AS  (IST:AKSA) 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.

Aksa Akrilik Kimyanayii AS'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.

Aksa Akrilik Kimyanayii AS'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.


Aksa Akrilik Kimyanayii AS Days Inventory Related Terms

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


Aksa Akrilik Kimyanayii AS (IST:AKSA) Business Description

Traded in Other Exchanges
N/A
Address
Merkez Mahallesi Yalova, Kocaeli Yolu Caddesi Number 34 PK 114, Taskopru Ciftlikkoy, Yalova, TUR, 77602
Aksa Akrilik Kimya Sanayii AS is a manufacturer of textile, chemical, and other industrial products and raw materials, auxiliary materials and intermediate substances, artificial, synthetic omand natural fibers, carbon fibers, and polymers among others. It consists of three operating segments such as fibers, energy, and others. The company generates maximum revenue from the Fibers segment.

Aksa Akrilik Kimyanayii AS (IST:AKSA) Headlines

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