Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) Days Inventory : 267.22 (As of Jun. 2024)

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What is Aselsan Elektroniknayi Ve Ticaret AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aselsan Elektroniknayi Ve Ticaret AS's Average Total Inventories for the three months ended in Jun. 2024 was ₺37,034 Mil. Aselsan Elektroniknayi Ve Ticaret AS's Cost of Goods Sold for the three months ended in Jun. 2024 was ₺12,646 Mil. Hence, Aselsan Elektroniknayi Ve Ticaret AS's Days Inventory for the three months ended in Jun. 2024 was 267.22.

The historical rank and industry rank for Aselsan Elektroniknayi Ve Ticaret AS's Days Inventory or its related term are showing as below:

IST:ASELS' s Days Inventory Range Over the Past 10 Years
Min: 131.35 Med: 154.04 Max: 204.12
Current: 161.75

During the past 13 years, Aselsan Elektroniknayi Ve Ticaret AS's highest Days Inventory was 204.12. The lowest was 131.35. And the median was 154.04.

IST:ASELS's Days Inventory is ranked worse than
55.14% of 292 companies
in the Aerospace & Defense industry
Industry Median: 147.135 vs IST:ASELS: 161.75

Aselsan Elektroniknayi Ve Ticaret AS's Days Inventory increased from Jun. 2023 (122.00) to Jun. 2024 (267.22). It might indicate that Aselsan Elektroniknayi Ve Ticaret AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aselsan Elektroniknayi Ve Ticaret AS's Inventory Turnover for the three months ended in Jun. 2024 was 0.34.

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. Aselsan Elektroniknayi Ve Ticaret AS's Inventory-to-Revenue for the three months ended in Jun. 2024 was 1.92.

Aselsan Elektroniknayi Ve Ticaret AS Days Inventory Historical Data

The historical data trend for Aselsan Elektroniknayi Ve Ticaret 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.

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Aselsan Elektroniknayi Ve Ticaret AS Days Inventory Chart

Aselsan Elektroniknayi Ve Ticaret AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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152.40

158.81

178.19

131.35

204.12

Aselsan Elektroniknayi Ve Ticaret AS Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Inventory	Get a 7-Day Free Trial															122.00	164.09	76.61	290.41	267.22

Competitive Comparison of Aselsan Elektroniknayi Ve Ticaret AS's Days Inventory

For the Aerospace & Defense subindustry, Aselsan Elektroniknayi Ve Ticaret 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.

Aselsan Elektroniknayi Ve Ticaret AS's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Aselsan Elektroniknayi Ve Ticaret AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Aselsan Elektroniknayi Ve Ticaret AS's Days Inventory falls into.

Aselsan Elektroniknayi Ve Ticaret AS Days Inventory Calculation

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

Aselsan Elektroniknayi Ve Ticaret 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
=	( (27648.036	+	32176.371)	/	2 )	/	53487.594	*	365
=	29912.2035					/	53487.594	*	365
=	204.12

Aselsan Elektroniknayi Ve Ticaret AS's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

	Days Inventory (Q: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (36302.156	+	37765.275)	/	2 )	/	12646.333	*	365 / 4
=	37033.7155					/	12646.333	*	365 / 4
=	267.22

Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) 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.

Aselsan Elektroniknayi Ve Ticaret AS's Inventory Turnover for the three months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	12646.333	/	37033.7155
	=	0.34

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.

Aselsan Elektroniknayi Ve Ticaret AS's Inventory to Revenue for the three months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	37033.7155	/	19307.243
	=	1.92

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.

Aselsan Elektroniknayi Ve Ticaret AS Days Inventory Related Terms

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

Aselsan Elektroniknayi Ve Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Aselsan Elektronik Sanayi Ve Ticaret AS (IST:ASELS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mehmet Akif Ersoy Mahallesi 296, Cadde No.16, Yenimahalle, Ankara, TUR, 06370

Website

http://www.aselsan.com.tr

Aselsan Elektronik Sanayi Ve Ticaret AS provides defense technologies to the Turkish armed forces. Additionally, it exports systems and solutions to clients in other countries and has taken on civil projects. Its products may help with communications, radars, sensing, or other defense systems to enhance proficiencies within the industrials sector. Marketing efforts may be geared toward a specific customer or specific segment in the market, and plans are implemented to showcase product capabilities.

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