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Tukas Turgutlu Konservecilik AS (IST:TUKAS) Days Inventory : 96.49 (As of Dec. 2023)


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What is Tukas Turgutlu Konservecilik AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tukas Turgutlu Konservecilik AS's Average Total Inventories for the three months ended in Dec. 2023 was ₺2,120 Mil. Tukas Turgutlu Konservecilik AS's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺2,005 Mil. Hence, Tukas Turgutlu Konservecilik AS's Days Inventory for the three months ended in Dec. 2023 was 96.49.

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

IST:TUKAS' s Days Inventory Range Over the Past 10 Years
Min: 118.27   Med: 228.2   Max: 238.88
Current: 135.74

During the past 13 years, Tukas Turgutlu Konservecilik AS's highest Days Inventory was 238.88. The lowest was 118.27. And the median was 228.20.

IST:TUKAS's Days Inventory is ranked worse than
73.45% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 81.97 vs IST:TUKAS: 135.74

Tukas Turgutlu Konservecilik AS's Days Inventory increased from Dec. 2022 (60.35) to Dec. 2023 (96.49). It might indicate that Tukas Turgutlu Konservecilik AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tukas Turgutlu Konservecilik AS's Inventory Turnover for the three months ended in Dec. 2023 was 0.95.

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. Tukas Turgutlu Konservecilik AS's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.75.


Tukas Turgutlu Konservecilik AS Days Inventory Historical Data

The historical data trend for Tukas Turgutlu Konservecilik 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.

Tukas Turgutlu Konservecilik AS Days Inventory Chart

Tukas Turgutlu Konservecilik AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 195.92 229.70 226.69 118.27 191.77

Tukas Turgutlu Konservecilik AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 60.35 236.11 124.21 100.11 96.49

Competitive Comparison of Tukas Turgutlu Konservecilik AS's Days Inventory

For the Packaged Foods subindustry, Tukas Turgutlu Konservecilik 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.


Tukas Turgutlu Konservecilik AS's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tukas Turgutlu Konservecilik AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tukas Turgutlu Konservecilik AS's Days Inventory falls into.



Tukas Turgutlu Konservecilik AS Days Inventory Calculation

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

Tukas Turgutlu Konservecilik 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
=( (2450.273 + 2351.152) / 2 ) / 4569.245*365
=2400.7125 / 4569.245*365
=191.77

Tukas Turgutlu Konservecilik 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
=( (1889.017 + 2351.152) / 2 ) / 2004.883*365 / 4
=2120.0845 / 2004.883*365 / 4
=96.49

* 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.


Tukas Turgutlu Konservecilik AS  (IST:TUKAS) 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.

Tukas Turgutlu Konservecilik AS's Inventory Turnover for the three months ended in Dec. 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.

Tukas Turgutlu Konservecilik AS's Inventory to Revenue for the three months ended in Dec. 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.


Tukas Turgutlu Konservecilik AS Days Inventory Related Terms

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Tukas Turgutlu Konservecilik AS (IST:TUKAS) Business Description

Traded in Other Exchanges
N/A
Address
Çayba?? Mah. ?zmir Cad. No:51, Torbal?, Izmir, TUR, 35880
Tukas Turgutlu Konservecilik AS is a Turkey-based company operates the food business. It is primarily involved in the production and distribution of vegetable and fruit products in Turkey. Its products include tomato and pepper paste; canned products, pickled vegetables, honey; sauces, frozen vegetables, and fruits. Geographically, the activities are operated through the region of Turkey; however, its products are made available in both domestic and other international markets.

Tukas Turgutlu Konservecilik AS (IST:TUKAS) Headlines

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