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Adra Gayrimenkul Yatirim Ortakligi AS (IST:ADGYO) Days Inventory : 624.07 (As of Dec. 2023)


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What is Adra Gayrimenkul Yatirim Ortakligi AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Adra Gayrimenkul Yatirim Ortakligi AS's Average Total Inventories for the three months ended in Dec. 2023 was ₺662.1 Mil. Adra Gayrimenkul Yatirim Ortakligi AS's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺96.8 Mil. Hence, Adra Gayrimenkul Yatirim Ortakligi AS's Days Inventory for the three months ended in Dec. 2023 was 624.07.

The historical rank and industry rank for Adra Gayrimenkul Yatirim Ortakligi AS's Days Inventory or its related term are showing as below:

IST:ADGYO' s Days Inventory Range Over the Past 10 Years
Min: 503.37   Med: 2238.6   Max: 12711.8
Current: 2373.22

During the past 4 years, Adra Gayrimenkul Yatirim Ortakligi AS's highest Days Inventory was 12711.80. The lowest was 503.37. And the median was 2238.60.

IST:ADGYO's Days Inventory is ranked worse than
92.62% of 149 companies
in the REITs industry
Industry Median: 95.27 vs IST:ADGYO: 2373.22

Adra Gayrimenkul Yatirim Ortakligi AS's Days Inventory increased from Sep. 2022 (0.00) to Dec. 2023 (624.07). It might indicate that Adra Gayrimenkul Yatirim Ortakligi AS's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Adra Gayrimenkul Yatirim Ortakligi AS's Inventory Turnover for the three months ended in Dec. 2023 was 0.15.

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. Adra Gayrimenkul Yatirim Ortakligi AS's Inventory-to-Revenue for the three months ended in Dec. 2023 was 3.94.

Adra Gayrimenkul Yatirim Ortakligi AS Days Inventory Historical Data

The historical data trend for Adra Gayrimenkul Yatirim Ortakligi 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.

Adra Gayrimenkul Yatirim Ortakligi AS Days Inventory Chart

Adra Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
- 12,711.80 503.37 2,238.60

Adra Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial - 229.56 - 2,914.36 624.07

Competitive Comparison of Adra Gayrimenkul Yatirim Ortakligi AS's Days Inventory

For the REIT - Residential subindustry, Adra Gayrimenkul Yatirim Ortakligi 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.

Adra Gayrimenkul Yatirim Ortakligi AS's Days Inventory Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Adra Gayrimenkul Yatirim Ortakligi AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Adra Gayrimenkul Yatirim Ortakligi AS's Days Inventory falls into.


Adra Gayrimenkul Yatirim Ortakligi AS Days Inventory Calculation

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

Adra Gayrimenkul Yatirim Ortakligi 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
=( (1149.287 + 670.349) / 2 ) / 148.344*365
=909.818 / 148.344*365
=2,238.60

Adra Gayrimenkul Yatirim Ortakligi 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
=( (653.902 + 670.349) / 2 ) / 96.814*365 / 4
=662.1255 / 96.814*365 / 4
=624.07

* 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.

Adra Gayrimenkul Yatirim Ortakligi AS  (IST:ADGYO) 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.

Adra Gayrimenkul Yatirim Ortakligi AS's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=96.814 / 662.1255
=0.15

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.

Adra Gayrimenkul Yatirim Ortakligi AS's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=662.1255 / 168.265
=3.94

* 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.

Adra Gayrimenkul Yatirim Ortakligi AS Days Inventory Related Terms

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

Adra Gayrimenkul Yatirim Ortakligi AS (IST:ADGYO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Adra Gayrimenkul Yatirim Ortakligi AS (IST:ADGYO) » Definitions » Days Inventory
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Traded in Other Exchanges
N/A
Address
Caybasi Mahallesi Aydin, Cad No:51A Torbali, Izmir, TUR
Website
https://www.adragyo.com.tr
Adra Gayrimenkul Yatirim Ortakligi AS is a Turkey company based providing real estate services. The company has undertaken projects which are Adra Yali, Adra Yasam, Adra Edremit..

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