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Alkim Alkali Kimya AS (IST:ALKIM) Days Inventory : 41.82 (As of Dec. 2023)


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What is Alkim Alkali Kimya AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alkim Alkali Kimya AS's Average Total Inventories for the three months ended in Dec. 2023 was ₺686 Mil. Alkim Alkali Kimya AS's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺1,497 Mil. Hence, Alkim Alkali Kimya AS's Days Inventory for the three months ended in Dec. 2023 was 41.82.

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

IST:ALKIM' s Days Inventory Range Over the Past 10 Years
Min: 57.22   Med: 87.72   Max: 101.51
Current: 79.25

During the past 13 years, Alkim Alkali Kimya AS's highest Days Inventory was 101.51. The lowest was 57.22. And the median was 87.72.

IST:ALKIM's Days Inventory is ranked better than
59.71% of 278 companies
in the Forest Products industry
Industry Median: 87.975 vs IST:ALKIM: 79.25

Alkim Alkali Kimya AS's Days Inventory increased from Dec. 2022 (25.09) to Dec. 2023 (41.82). It might indicate that Alkim Alkali Kimya AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Alkim Alkali Kimya AS's Inventory Turnover for the three months ended in Dec. 2023 was 2.18.

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. Alkim Alkali Kimya AS's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.41.


Alkim Alkali Kimya AS Days Inventory Historical Data

The historical data trend for Alkim Alkali Kimya 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.

Alkim Alkali Kimya AS Days Inventory Chart

Alkim Alkali Kimya 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 85.78 98.62 96.31 57.22 101.51

Alkim Alkali Kimya 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 25.09 134.74 88.51 86.60 41.82

Competitive Comparison of Alkim Alkali Kimya AS's Days Inventory

For the Paper & Paper Products subindustry, Alkim Alkali Kimya 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.


Alkim Alkali Kimya AS's Days Inventory Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Alkim Alkali Kimya AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Alkim Alkali Kimya AS's Days Inventory falls into.



Alkim Alkali Kimya AS Days Inventory Calculation

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

Alkim Alkali Kimya 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
=( (996.193 + 800.297) / 2 ) / 3229.702*365
=898.245 / 3229.702*365
=101.51

Alkim Alkali Kimya 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
=( (571.316 + 800.297) / 2 ) / 1496.502*365 / 4
=685.8065 / 1496.502*365 / 4
=41.82

* 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.


Alkim Alkali Kimya AS  (IST:ALKIM) 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.

Alkim Alkali Kimya 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.

Alkim Alkali Kimya 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.


Alkim Alkali Kimya AS Days Inventory Related Terms

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Alkim Alkali Kimya AS (IST:ALKIM) Business Description

Traded in Other Exchanges
N/A
Address
Inonu Caddesi No:13, Taksim, Istanbul, TUR, 34437
Alkim Alkali Kimya AS is a Turkey-based company engaged in the paper and chemical business activity. The business segments of the group are Chemical products which involves the production and sales of Sodium Sulphate and derivatives; Paper segment covering production and sales of paper products and Other operations segment. It derives key revenue from the Paper segment.

Alkim Alkali Kimya AS (IST:ALKIM) Headlines

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