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Dardanel Onentas Gidanayi AS (IST:DARDL) Days Inventory : 57.91 (As of Dec. 2023)


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What is Dardanel Onentas Gidanayi AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dardanel Onentas Gidanayi AS's Average Total Inventories for the six months ended in Dec. 2023 was ₺723 Mil. Dardanel Onentas Gidanayi AS's Cost of Goods Sold for the six months ended in Dec. 2023 was ₺4,557 Mil. Hence, Dardanel Onentas Gidanayi AS's Days Inventory for the six months ended in Dec. 2023 was 28.96.

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

IST:DARDL' s Days Inventory Range Over the Past 10 Years
Min: 20   Med: 30.11   Max: 57.91
Current: 57.91

During the past 13 years, Dardanel Onentas Gidanayi AS's highest Days Inventory was 57.91. The lowest was 20.00. And the median was 30.11.

IST:DARDL's Days Inventory is ranked better than
67.45% of 1819 companies
in the Consumer Packaged Goods industry
Industry Median: 81.89 vs IST:DARDL: 57.91

Dardanel Onentas Gidanayi AS's Days Inventory increased from Dec. 2021 (37.50) to Dec. 2023 (57.91). It might indicate that Dardanel Onentas Gidanayi 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. Dardanel Onentas Gidanayi AS's Inventory Turnover for the six months ended in Dec. 2023 was 6.30.

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. Dardanel Onentas Gidanayi AS's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.11.


Dardanel Onentas Gidanayi AS Days Inventory Historical Data

The historical data trend for Dardanel Onentas Gidanayi 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.

Dardanel Onentas Gidanayi AS Days Inventory Chart

Dardanel Onentas Gidanayi 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 26.33 20.00 37.50 32.73 57.91

Dardanel Onentas Gidanayi AS Semi-Annual Data
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 26.33 20.00 37.50 32.73 57.91

Competitive Comparison of Dardanel Onentas Gidanayi AS's Days Inventory

For the Packaged Foods subindustry, Dardanel Onentas Gidanayi 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.


Dardanel Onentas Gidanayi AS's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dardanel Onentas Gidanayi AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Dardanel Onentas Gidanayi AS's Days Inventory falls into.


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Dardanel Onentas Gidanayi AS Days Inventory Calculation

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

Dardanel Onentas Gidanayi 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
=( (608.509 + 837.65) / 2 ) / 4557.31*365
=723.0795 / 4557.31*365
=57.91

Dardanel Onentas Gidanayi 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
=( (608.509 + 837.65) / 2 ) / 4557.31*365 / 2
=723.0795 / 4557.31*365 / 2
=28.96

* 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.


Dardanel Onentas Gidanayi AS  (IST:DARDL) 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.

Dardanel Onentas Gidanayi AS's Inventory Turnover for the six 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.

Dardanel Onentas Gidanayi AS's Inventory to Revenue for the six 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.


Dardanel Onentas Gidanayi AS Days Inventory Related Terms

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


Dardanel Onentas Gidanayi AS Business Description

Traded in Other Exchanges
N/A
Address
Haydar Aliyev Cad Number 142, Tarabya, Istanbul, TUR
Dardanel Onentas Gida Sanayi AS is a Turkey-based company involved in the manufacturing of canned food. It produces Tuna Fish, Ready to serve Food, Salmon, Chilled Products and Corn among other products.

Dardanel Onentas Gidanayi AS Headlines

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