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

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What is Balatacilar Balataciliknayi ve Ticaret AS Days Inventory?

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 Range Over the Past 10 Years
Min: 169.66 Med: 455.48 Max: 152300.22
Current: 169.66

During the past 13 years, Balatacilar Balataciliknayi ve Ticaret AS's highest Days Inventory was 152300.22. The lowest was 169.66. And the median was 455.48.

IST:BALAT's Days Inventory is ranked worse than
87.47% of 1277 companies
in the Vehicles & Parts industry
Industry Median: 80.26 vs IST:BALAT: 169.66

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 Days Inventory Historical Data

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.

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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

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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											152,300.22	2,130.61	623.41	239.01	169.66

Competitive Comparison of Balatacilar Balataciliknayi ve Ticaret AS's Days Inventory

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's Days Inventory Distribution in the 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.

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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

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

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

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

Balatacilar Balataciliknayi ve Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Balatacilar Balatacilik Sanayi ve Ticaret AS (IST:BALAT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kemalpasa Avenue No:48, O.S.B Hometown, Izmir, TUR

Website

http://www.balatacilar.com

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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