Dofer Yapi Malzemelerinayi ve Ticaret AS (IST:DOFER) Days Inventory : 16.87 (As of Dec. 2023)

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What is Dofer Yapi Malzemelerinayi ve Ticaret AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dofer Yapi Malzemelerinayi ve Ticaret AS's Average Total Inventories for the three months ended in Dec. 2023 was ₺208 Mil. Dofer Yapi Malzemelerinayi ve Ticaret AS's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺1,128 Mil. Hence, Dofer Yapi Malzemelerinayi ve Ticaret AS's Days Inventory for the three months ended in Dec. 2023 was 16.87.

The historical rank and industry rank for Dofer Yapi Malzemelerinayi ve Ticaret AS's Days Inventory or its related term are showing as below:

IST:DOFER' s Days Inventory Range Over the Past 10 Years
Min: 15.12 Med: 25.15 Max: 48.14
Current: 48.14

During the past 4 years, Dofer Yapi Malzemelerinayi ve Ticaret AS's highest Days Inventory was 48.14. The lowest was 15.12. And the median was 25.15.

IST:DOFER's Days Inventory is ranked better than
77.39% of 575 companies
in the Steel industry
Industry Median: 85.74 vs IST:DOFER: 48.14

Dofer Yapi Malzemelerinayi ve Ticaret AS's Days Inventory increased from Sep. 2022 (0.00) to Dec. 2023 (16.87). It might indicate that Dofer Yapi Malzemelerinayi ve Ticaret AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dofer Yapi Malzemelerinayi ve Ticaret AS's Inventory Turnover for the three months ended in Dec. 2023 was 5.41.

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. Dofer Yapi Malzemelerinayi ve Ticaret AS's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.18.

Dofer Yapi Malzemelerinayi ve Ticaret AS Days Inventory Historical Data

The historical data trend for Dofer Yapi Malzemelerinayi 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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Dofer Yapi Malzemelerinayi ve Ticaret AS Days Inventory Chart

Dofer Yapi Malzemelerinayi ve Ticaret AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

31.15

21.14

15.12

29.16

Dofer Yapi Malzemelerinayi ve Ticaret AS Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial			-	8.68	-	45.73	16.87

Competitive Comparison of Dofer Yapi Malzemelerinayi ve Ticaret AS's Days Inventory

For the Steel subindustry, Dofer Yapi Malzemelerinayi 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.

Dofer Yapi Malzemelerinayi ve Ticaret AS's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Dofer Yapi Malzemelerinayi ve Ticaret AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Dofer Yapi Malzemelerinayi ve Ticaret AS's Days Inventory falls into.

Dofer Yapi Malzemelerinayi ve Ticaret AS Days Inventory Calculation

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

Dofer Yapi Malzemelerinayi 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
=	( (170.486	+	193.466)	/	2 )	/	2277.594	*	365
=	181.976					/	2277.594	*	365
=	29.16

Dofer Yapi Malzemelerinayi ve Ticaret 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
=	( (223.41	+	193.466)	/	2 )	/	1127.619	*	365 / 4
=	208.438					/	1127.619	*	365 / 4
=	16.87

Dofer Yapi Malzemelerinayi ve Ticaret AS (IST:DOFER) 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.

Dofer Yapi Malzemelerinayi ve Ticaret AS's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1127.619	/	208.438
	=	5.41

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.

Dofer Yapi Malzemelerinayi ve Ticaret AS's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	208.438	/	1155.95
	=	0.18

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.

Dofer Yapi Malzemelerinayi ve Ticaret AS Days Inventory Related Terms

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

Dofer Yapi Malzemelerinayi ve Ticaret AS (IST:DOFER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Dofer Yapi Malzemeleri Sanayi ve Ticaret AS (IST:DOFER) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Turgut Özal 2, Bulvar? No:34 Dofer Plaza, Alt?nda? / ANKARA, Istanbul, TUR

Website

https://www.dofer.com.tr

Dofer Yapi Malzemeleri Sanayi ve Ticaret AS is engaged in trade of reinforcing bar, as well as production of wire mesh & pre-cut rebar.

Dofer Yapi Malzemelerinayi ve Ticaret AS (IST:DOFER) Headlines

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