Balatacilar Balataciliknayi ve Ticaret AS (IST:BALAT) Days Inventory: 169.66 (As of Dec. 2023)


IST:BALAT Balatacilar Balatacilik Sanayi ve Ticaret AS IST:BALAT
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What is Balatacilar Balataciliknayi ve Ticaret AS Days Inventory?

Balatacilar Balataciliknayi ve Ticaret AS IST:BALAT -2.29% 5 Days Inventory is 169.66 as of Dec. 2023. GuruFocus rates IST:BALAT with a GF Score™ of 5/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Balatacilar Balataciliknayi ve Ticaret AS's Average Total Inventories for the six months ended in Dec. 2023 was ₺10.23 Mil. Balatacilar Balataciliknayi ve Ticaret AS's Cost of Goods Sold for the six months ended in Dec. 2023 was ₺22.01 Mil. Hence, Balatacilar Balataciliknayi ve Ticaret AS's Days Inventory for the six months ended in Dec. 2023 was 84.83.

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

IST:BALAT's Days Inventory is not ranked *
in the Vehicles & Parts industry.
Industry Median: 80.53
* Ranked among companies with meaningful Days Inventory only.

Balatacilar Balataciliknayi ve Ticaret AS's Days Inventory declined from Dec. 2021 (623.41) to Dec. 2023 (169.66).

Inventory Turnover measures how fast the company turns over its inventory within a year. Balatacilar Balataciliknayi ve Ticaret AS's Inventory Turnover for the six months ended in Dec. 2023 was 2.15.

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. Balatacilar Balataciliknayi ve Ticaret AS's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.69.

Balatacilar Balataciliknayi ve Ticaret AS  (IST:BALAT) 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.

Balatacilar Balataciliknayi ve Ticaret AS's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=22.005 / 10.2285
=2.15

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.

Balatacilar Balataciliknayi ve Ticaret AS's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=10.2285 / 14.765
=0.69

* 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.

Balatacilar Balataciliknayi ve Ticaret AS Days Inventory Related Terms

Balatacilar Balataciliknayi ve Ticaret AS Days Inventory Historical Data

* Premium members only.

The historical data trend for Balatacilar Balataciliknayi ve Ticaret 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.

Balatacilar Balataciliknayi ve Ticaret AS Days Inventory Chart

Balatacilar Balataciliknayi ve Ticaret 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 152,300.22 2,130.61 623.41 239.01 169.66

Balatacilar Balataciliknayi ve Ticaret AS Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 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 152,300.22 2,130.61 623.41 239.01 169.66

IST:BALAT vs ORLY, AZO, GPC: Days Inventory Comparison

For the Auto Parts subindustry, Balatacilar Balataciliknayi ve Ticaret 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.

Balatacilar Balataciliknayi ve Ticaret AS Days Inventory vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Balatacilar Balataciliknayi ve Ticaret AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Balatacilar Balataciliknayi ve Ticaret AS's Days Inventory falls into.


IST:BALAT
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Balatacilar Balatacilik Sanayi ve Ticaret AS IST:BALAT
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Balatacilar Balataciliknayi ve Ticaret AS Days Inventory Calculation

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

Balatacilar Balataciliknayi ve Ticaret 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
=( (13.051 + 7.406) / 2 ) / 22.005*365
=10.2285 / 22.005*365
=169.66

Balatacilar Balataciliknayi ve Ticaret 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: Dec. 2022 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (13.051 + 7.406) / 2 ) / 22.005*365 / 2
=10.2285 / 22.005*365 / 2
=84.83

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 169.66 mean?
Balatacilar Balataciliknayi ve Ticaret AS (IST:BALAT) has a Days Inventory of 169.66 as of Dec. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Balatacilar Balataciliknayi ve Ticaret AS and its competitors.
Is Balatacilar Balataciliknayi ve Ticaret AS's Days Inventory too high?
Balatacilar Balataciliknayi ve Ticaret AS's current Days Inventory is 169.66. The Vehicles & Parts industry median Days Inventory is 80.53. Balatacilar Balataciliknayi ve Ticaret AS's value of 169.66 is 110.7% above this industry median. Overall, Balatacilar Balataciliknayi ve Ticaret AS has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Balatacilar Balataciliknayi ve Ticaret AS's Days Inventory compare to ORLY and AZO?
Balatacilar Balataciliknayi ve Ticaret AS's Days Inventory of 169.66 can be compared against companies in the Vehicles & Parts industry. The industry median Days Inventory is 80.53. Balatacilar Balataciliknayi ve Ticaret AS's value of 169.66 is 110.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Vehicles & Parts company?
The median Days Inventory among Vehicles & Parts companies is 80.53, based on 1,295 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Balatacilar Balataciliknayi ve Ticaret AS's current Days Inventory of 169.66 is 110.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Balatacilar Balataciliknayi ve Ticaret AS and its competitors. For the Vehicles & Parts industry, the median Days Inventory is 80.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balatacilar Balataciliknayi ve Ticaret AS's current Days Inventory is 169.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balatacilar Balataciliknayi ve Ticaret AS stock overvalued right now?
Balatacilar Balataciliknayi ve Ticaret AS (IST:BALAT) has a current Days Inventory of 169.66. The current Days Inventory is 169.66 and 110.7% above the Vehicles & Parts industry median of 80.53. Balatacilar Balataciliknayi ve Ticaret AS's overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Balatacilar Balataciliknayi ve Ticaret AS (IST:BALAT), the current Days Inventory is 169.66 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Balatacilar Balataciliknayi ve Ticaret AS Business Description

Address Daire 708, Gumruk Is Merkezi, No.38, Cumhuriyet Bulvari, Konak Mahallesi, Izmir, TUR
Balatacilar Balatacilik Sanayi ve Ticaret AS is engaged in the production of friction materials. Its products include disc brake pads, brake linings, and fiber clutch.
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