Arcelik AS (IST:ARCLK) Days Inventory : 89.13 (As of Mar. 2024)

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What is Arcelik AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Arcelik AS's Average Total Inventories for the three months ended in Mar. 2024 was ₺49,636 Mil. Arcelik AS's Cost of Goods Sold for the three months ended in Mar. 2024 was ₺50,818 Mil. Hence, Arcelik AS's Days Inventory for the three months ended in Mar. 2024 was 89.13.

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

IST:ARCLK' s Days Inventory Range Over the Past 10 Years
Min: 65.54 Med: 86.88 Max: 98.74
Current: 76.02

During the past 13 years, Arcelik AS's highest Days Inventory was 98.74. The lowest was 65.54. And the median was 86.88.

IST:ARCLK's Days Inventory is ranked better than
66.75% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.325 vs IST:ARCLK: 76.02

Arcelik AS's Days Inventory increased from Mar. 2023 (75.85) to Mar. 2024 (89.13). It might indicate that Arcelik AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Arcelik AS's Inventory Turnover for the three months ended in Mar. 2024 was 1.02.

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. Arcelik AS's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.69.

Arcelik AS Days Inventory Historical Data

The historical data trend for Arcelik 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.

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Arcelik AS Days Inventory Chart

Arcelik AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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90.03

85.81

91.52

65.54

98.74

Arcelik AS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															75.85	100.60	97.30	50.07	89.13

Competitive Comparison of Arcelik AS's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Arcelik 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.

Arcelik AS's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Arcelik AS's Days Inventory falls into.

Arcelik AS Days Inventory Calculation

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

Arcelik 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
=	( (50870.483	+	47448.681)	/	2 )	/	181725.746	*	365
=	49159.582					/	181725.746	*	365
=	98.74

Arcelik AS's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (47448.681	+	51824.145)	/	2 )	/	50818.3	*	365 / 4
=	49636.413					/	50818.3	*	365 / 4
=	89.13

Arcelik AS (IST:ARCLK) 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.

Arcelik AS's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	50818.3	/	49636.413
	=	1.02

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.

Arcelik AS's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	49636.413	/	72265.241
	=	0.69

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.

Arcelik AS Days Inventory Related Terms

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

Arcelik AS (IST:ARCLK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Arcelik AS (IST:ARCLK) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

ACKAY:USA RCAA:Germany

Address

Karaagac Caddesi No 2-6, Sutluce, Istanbul, TUR, 34445

Website

http://www.arcelikas.com

Arcelik AS is a Turkey-based company that is principally engaged in manufacturing household appliances. Its products consist of consumer durable goods, consumer electronics, kitchen accessories, and small home appliances. It provides after-sale services as well. The company generates most of its revenue from white products. The company has factories in a number of countries, such as Turkey, Romania, Russia, China, South Africa, and Thailand. It has a worldwide business presence, including Turkey, Europe, Africa, and the Middle East, with Turkey and Western Europe as the largest markets.

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