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Turk Prysmian Kablo ve Sistemleri AS (IST:PRKAB) Days Inventory : 44.50 (As of Jun. 2023)


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What is Turk Prysmian Kablo ve Sistemleri AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Turk Prysmian Kablo ve Sistemleri AS's Average Total Inventories for the three months ended in Jun. 2023 was ₺940 Mil. Turk Prysmian Kablo ve Sistemleri AS's Cost of Goods Sold for the three months ended in Jun. 2023 was ₺1,927 Mil. Hence, Turk Prysmian Kablo ve Sistemleri AS's Days Inventory for the three months ended in Jun. 2023 was 44.50.

The historical rank and industry rank for Turk Prysmian Kablo ve Sistemleri AS's Days Inventory or its related term are showing as below:

IST:PRKAB' s Days Inventory Range Over the Past 10 Years
Min: 35.2   Med: 43.19   Max: 47.92
Current: 40.66

During the past 13 years, Turk Prysmian Kablo ve Sistemleri AS's highest Days Inventory was 47.92. The lowest was 35.20. And the median was 43.19.

IST:PRKAB's Days Inventory is ranked better than
91.91% of 2905 companies
in the Industrial Products industry
Industry Median: 120.1 vs IST:PRKAB: 40.66

Turk Prysmian Kablo ve Sistemleri AS's Days Inventory increased from Jun. 2022 (36.68) to Jun. 2023 (44.50). It might indicate that Turk Prysmian Kablo ve Sistemleri AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Turk Prysmian Kablo ve Sistemleri AS's Inventory Turnover for the three months ended in Jun. 2023 was 2.05.

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. Turk Prysmian Kablo ve Sistemleri AS's Inventory-to-Revenue for the three months ended in Jun. 2023 was 0.42.


Turk Prysmian Kablo ve Sistemleri AS Days Inventory Historical Data

The historical data trend for Turk Prysmian Kablo ve Sistemleri 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.

Turk Prysmian Kablo ve Sistemleri AS Days Inventory Chart

Turk Prysmian Kablo ve Sistemleri AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.09 45.43 47.92 44.82 35.20

Turk Prysmian Kablo ve Sistemleri AS Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 36.68 34.00 42.81 39.14 44.50

Competitive Comparison of Turk Prysmian Kablo ve Sistemleri AS's Days Inventory

For the Electrical Equipment & Parts subindustry, Turk Prysmian Kablo ve Sistemleri 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.


Turk Prysmian Kablo ve Sistemleri AS's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Turk Prysmian Kablo ve Sistemleri AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Turk Prysmian Kablo ve Sistemleri AS's Days Inventory falls into.



Turk Prysmian Kablo ve Sistemleri AS Days Inventory Calculation

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

Turk Prysmian Kablo ve Sistemleri 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
=( (452.315 + 767.962) / 2 ) / 6327.26*365
=610.1385 / 6327.26*365
=35.20

Turk Prysmian Kablo ve Sistemleri AS's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (872.769 + 1006.722) / 2 ) / 1927.146*365 / 4
=939.7455 / 1927.146*365 / 4
=44.50

* 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.


Turk Prysmian Kablo ve Sistemleri AS  (IST:PRKAB) 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.

Turk Prysmian Kablo ve Sistemleri AS's Inventory Turnover for the three months ended in Jun. 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.

Turk Prysmian Kablo ve Sistemleri AS's Inventory to Revenue for the three months ended in Jun. 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.


Turk Prysmian Kablo ve Sistemleri AS Days Inventory Related Terms

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


Turk Prysmian Kablo ve Sistemleri AS (IST:PRKAB) Business Description

Traded in Other Exchanges
N/A
Address
Omerbey Mahallesi, Bursa Asfalti Cad. Number 51 Mudanya, Bursa, TUR, 16941
Turk Prysmian Kablo ve Sistemleri AS is a Turkey-based company that engages in the manufacturing, export, import and trading of all kinds of cables, conductors, machines, apparatuses, tools, and equipment as well as their spare parts and accessories. It produces electrical cables along with a range of accessories from extremely high to very low voltage, which is resistant to very high temperatures, fire, chemical agents and nuclear radiation for land, submarine, underground and overhead applications. The company distributes its products in the domestic market and to overseas markets.

Turk Prysmian Kablo ve Sistemleri AS (IST:PRKAB) Headlines

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