Otto Holding AS (IST:OTTO) Days Inventory : 0.16 (As of Sep. 2023)

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What is Otto Holding AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Otto Holding AS's Average Total Inventories for the three months ended in Sep. 2023 was ₺0.0 Mil. Otto Holding AS's Cost of Goods Sold for the three months ended in Sep. 2023 was ₺10.6 Mil. Hence, Otto Holding AS's Days Inventory for the three months ended in Sep. 2023 was 0.16.

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

IST:OTTO' s Days Inventory Range Over the Past 10 Years
Min: 0.16 Med: 73.56 Max: 1129.09
Current: 0.16

During the past 8 years, Otto Holding AS's highest Days Inventory was 1129.09. The lowest was 0.16. And the median was 73.56.

IST:OTTO's Days Inventory is ranked better than
97.59% of 166 companies
in the Asset Management industry
Industry Median: 77.395 vs IST:OTTO: 0.16

Otto Holding AS's Days Inventory declined from Sep. 2022 (5.63) to Sep. 2023 (0.16).

Inventory Turnover measures how fast the company turns over its inventory within a year. Otto Holding AS's Inventory Turnover for the three months ended in Sep. 2023 was 559.32.

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. Otto Holding AS's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.00.

Otto Holding AS Days Inventory Historical Data

The historical data trend for Otto Holding 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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Otto Holding AS Days Inventory Chart

Otto Holding AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec20

Dec21

Dec22

Days Inventory

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84.21

276.06

1,129.09

142.55

32.37

Otto Holding AS Quarterly Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															5.63	0.34	0.24	0.09	0.16

Competitive Comparison of Otto Holding AS's Days Inventory

For the Asset Management subindustry, Otto Holding 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.

Otto Holding AS's Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Otto Holding AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Otto Holding AS's Days Inventory falls into.

Otto Holding AS Days Inventory Calculation

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

Otto Holding 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
=	( (1.315	+	0.019)	/	2 )	/	7.52	*	365
=	0.667					/	7.52	*	365
=	32.37

Otto Holding 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
=	( (0.019	+	0.019)	/	2 )	/	10.627	*	365 / 4
=	0.019					/	10.627	*	365 / 4
=	0.16

Otto Holding AS (IST:OTTO) 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.

Otto Holding AS's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	10.627	/	0.019
	=	559.32

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.

Otto Holding AS's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.019	/	22.64
	=	0.00

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.

Otto Holding AS Days Inventory Related Terms

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

Otto Holding AS (IST:OTTO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Otto Holding AS (IST:OTTO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Levent Neighbourhood Yosun St. No:8, Besiktas, Istanbul, TUR

Website

https://www.ottoholding.com.tr

Otto Holding AS is an investment company that brings traditional markets together with new-generation investments, It undertakes the responsibility of making investments that will benefit our shareholders while protecting the securities and transparency of the markets. The company transforms its experience in media, entertainment and other sectors into measurable financial values with technology-oriented investments in fields of activity such as artificial intelligence (AI), augmented reality (AR), financial technologies (Fintech), gaming (Gaming), and electric vehicles (Electrification).

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