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Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS (IST:KIMMR) Days Inventory : 47.32 (As of Sep. 2023)


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What is Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS's Average Total Inventories for the three months ended in Sep. 2023 was ₺512 Mil. Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS's Cost of Goods Sold for the three months ended in Sep. 2023 was ₺988 Mil. Hence, Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS's Days Inventory for the three months ended in Sep. 2023 was 47.32.

The historical rank and industry rank for Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS's Days Inventory or its related term are showing as below:

IST:KIMMR' s Days Inventory Range Over the Past 10 Years
Min: 54.6   Med: 85.11   Max: 108.49
Current: 54.6

During the past 5 years, Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS's highest Days Inventory was 108.49. The lowest was 54.60. And the median was 85.11.

IST:KIMMR's Days Inventory is ranked better than
76.78% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.605 vs IST:KIMMR: 54.60

Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS's Days Inventory declined from Sep. 2022 (79.91) to Sep. 2023 (47.32).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS's Inventory Turnover for the three months ended in Sep. 2023 was 1.93.

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. Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.40.


Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS Days Inventory Historical Data

The historical data trend for Ersan Alisveris Hizmetleri ve Gidanayi 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.

* Premium members only.

Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS Days Inventory Chart

Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
68.84 85.11 99.49 108.49 72.14

Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS Quarterly Data
Dec18 Dec19 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 79.91 64.87 56.94 52.54 47.32

Competitive Comparison of Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS's Days Inventory

For the Department Stores subindustry, Ersan Alisveris Hizmetleri ve Gidanayi 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.


Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS's Days Inventory falls into.



Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS Days Inventory Calculation

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

Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS'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
=( (319.186 + 416.064) / 2 ) / 1860.115*365
=367.625 / 1860.115*365
=72.14

Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS'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
=( (483.449 + 541.209) / 2 ) / 987.954*365 / 4
=512.329 / 987.954*365 / 4
=47.32

* 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.


Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS  (IST:KIMMR) 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.

Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS'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.

Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS'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.


Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS Days Inventory Related Terms

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


Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS (IST:KIMMR) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Hadimkoy Mah. Metin Oktay Cad. No: 3/1, Arnavutkoy, Istanbul, TUR
Ersan Alisveris Hizmetleri ve Gida Sanayi Ticaret AS is a supermarket chain in Turkey. It has around five stores.

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