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Vestel Beyaz Esa Ticaretnayi AS (IST:VESBE) Days Inventory : 26.60 (As of Dec. 2023)


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What is Vestel Beyaz Esa Ticaretnayi AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vestel Beyaz Esa Ticaretnayi AS's Average Total Inventories for the three months ended in Dec. 2023 was ₺6,957 Mil. Vestel Beyaz Esa Ticaretnayi AS's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺23,864 Mil. Hence, Vestel Beyaz Esa Ticaretnayi AS's Days Inventory for the three months ended in Dec. 2023 was 26.60.

The historical rank and industry rank for Vestel Beyaz Esa Ticaretnayi AS's Days Inventory or its related term are showing as below:

IST:VESBE' s Days Inventory Range Over the Past 10 Years
Min: 23.99   Med: 40.8   Max: 49.63
Current: 41.68

During the past 13 years, Vestel Beyaz Esa Ticaretnayi AS's highest Days Inventory was 49.63. The lowest was 23.99. And the median was 40.80.

IST:VESBE's Days Inventory is ranked better than
90.89% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 105.26 vs IST:VESBE: 41.68

Vestel Beyaz Esa Ticaretnayi AS's Days Inventory increased from Dec. 2022 (11.90) to Dec. 2023 (26.60). It might indicate that Vestel Beyaz Esa Ticaretnayi AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vestel Beyaz Esa Ticaretnayi AS's Inventory Turnover for the three months ended in Dec. 2023 was 3.43.

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. Vestel Beyaz Esa Ticaretnayi AS's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.26.


Vestel Beyaz Esa Ticaretnayi AS Days Inventory Historical Data

The historical data trend for Vestel Beyaz Esa Ticaretnayi 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.

Vestel Beyaz Esa Ticaretnayi AS Days Inventory Chart

Vestel Beyaz Esa Ticaretnayi 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 36.76 38.38 48.29 23.99 41.63

Vestel Beyaz Esa Ticaretnayi 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 11.90 52.22 54.42 57.69 26.60

Competitive Comparison of Vestel Beyaz Esa Ticaretnayi AS's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Vestel Beyaz Esa Ticaretnayi 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.


Vestel Beyaz Esa Ticaretnayi AS's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Vestel Beyaz Esa Ticaretnayi AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Vestel Beyaz Esa Ticaretnayi AS's Days Inventory falls into.



Vestel Beyaz Esa Ticaretnayi AS Days Inventory Calculation

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

Vestel Beyaz Esa Ticaretnayi 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
=( (4420.387 + 7235.371) / 2 ) / 51094.963*365
=5827.879 / 51094.963*365
=41.63

Vestel Beyaz Esa Ticaretnayi 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
=( (6678.64 + 7235.371) / 2 ) / 23863.818*365 / 4
=6957.0055 / 23863.818*365 / 4
=26.60

* 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.


Vestel Beyaz Esa Ticaretnayi AS  (IST:VESBE) 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.

Vestel Beyaz Esa Ticaretnayi 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.

Vestel Beyaz Esa Ticaretnayi AS's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=6957.0055 / 26489.817
=0.26

* 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.


Vestel Beyaz Esa Ticaretnayi AS Days Inventory Related Terms

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


Vestel Beyaz Esa Ticaretnayi AS (IST:VESBE) Business Description

Traded in Other Exchanges
N/A
Address
Buyukdere Cad. No: 199, Levent 199, Sisli, Istanbul, TUR, 34394
Vestel Beyaz Esa Ticaret Sanayi AS is a Turkish home appliances manufacturer. It sells television sets of all types ranging from LEDs to contemporary styles such as Smart, 3D Smart and 4K Ultra HD TVs. It also sells home cinema systems, headphones, speakers, television accessories, laptops, and LED lighting products. The geographical segment consists of Turkey, Europe, and Others. The company's revenue is derived from the sale of its products in Europe.

Vestel Beyaz Esa Ticaretnayi AS (IST:VESBE) Headlines

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