Diriteks Dirilis Tekstilnayi ve Ticaret AS (IST:DIRIT) Days Inventory: 180.42 (As of Dec. 2021)


IST:DIRIT Diriteks Dirilis Tekstil Sanayi ve Ticaret AS IST:DIRIT
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What is Diriteks Dirilis Tekstilnayi ve Ticaret AS Days Inventory?

Diriteks Dirilis Tekstilnayi ve Ticaret AS IST:DIRIT -0.77% 5 Days Inventory is 180.42 as of Dec. 2021. GuruFocus rates IST:DIRIT with a GF Score™ of 5/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Diriteks Dirilis Tekstilnayi ve Ticaret AS's Average Total Inventories for the six months ended in Dec. 2021 was ₺8.93 Mil. Diriteks Dirilis Tekstilnayi ve Ticaret AS's Cost of Goods Sold for the six months ended in Dec. 2021 was ₺18.06 Mil. Hence, Diriteks Dirilis Tekstilnayi ve Ticaret AS's Days Inventory for the six months ended in Dec. 2021 was 90.21.

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

IST:DIRIT's Days Inventory is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 133.22
* Ranked among companies with meaningful Days Inventory only.

Diriteks Dirilis Tekstilnayi ve Ticaret AS's Days Inventory increased from Dec. 2018 (152.95) to Dec. 2021 (180.42). It might indicate that Diriteks Dirilis Tekstilnayi ve Ticaret AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Diriteks Dirilis Tekstilnayi ve Ticaret AS's Inventory Turnover for the six months ended in Dec. 2021 was 2.02.

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. Diriteks Dirilis Tekstilnayi ve Ticaret AS's Inventory-to-Revenue for the six months ended in Dec. 2021 was 0.43.


Diriteks Dirilis Tekstilnayi ve Ticaret AS  (IST:DIRIT) 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.

Diriteks Dirilis Tekstilnayi ve Ticaret AS's Inventory Turnover for the six months ended in Dec. 2021 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.

Diriteks Dirilis Tekstilnayi ve Ticaret AS's Inventory to Revenue for the six months ended in Dec. 2021 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.


Diriteks Dirilis Tekstilnayi ve Ticaret AS Days Inventory Related Terms


Diriteks Dirilis Tekstilnayi ve Ticaret AS Days Inventory Historical Data

* Premium members only.

The historical data trend for Diriteks Dirilis Tekstilnayi 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.

Diriteks Dirilis Tekstilnayi ve Ticaret AS Days Inventory Chart

Diriteks Dirilis Tekstilnayi ve Ticaret AS Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 226.39 227.26 152.95 712.25 180.42

Diriteks Dirilis Tekstilnayi ve Ticaret AS Semi-Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 226.39 227.26 152.95 712.25 180.42

IST:DIRIT vs AIN: Days Inventory Comparison

For the Textile Manufacturing subindustry, Diriteks Dirilis Tekstilnayi 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.


Diriteks Dirilis Tekstilnayi ve Ticaret AS Days Inventory vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Diriteks Dirilis Tekstilnayi ve Ticaret AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Diriteks Dirilis Tekstilnayi ve Ticaret AS's Days Inventory falls into.


IST:DIRIT
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Diriteks Dirilis Tekstil Sanayi ve Ticaret AS IST:DIRIT
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Diriteks Dirilis Tekstilnayi ve Ticaret AS Days Inventory Calculation

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

Diriteks Dirilis Tekstilnayi ve Ticaret AS's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0 + 8.925) / 1 ) / 18.056*365
=8.925 / 18.056*365
=180.42

Diriteks Dirilis Tekstilnayi ve Ticaret AS's Days Inventory for the quarter that ended in Dec. 2021 is calculated as:

Days Inventory (Q: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2020 ) + Total Inventories (Q: Dec. 2021 )) / count ) / Cost of Goods Sold (Q: Dec. 2021 )*Days in Period
=( (0 + 8.925) / 1 ) / 18.056*365 / 2
=8.925 / 18.056*365 / 2
=90.21

* 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 180.42 mean?
Diriteks Dirilis Tekstilnayi ve Ticaret AS (IST:DIRIT) has a Days Inventory of 180.42 as of Dec. 2021. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Diriteks Dirilis Tekstilnayi ve Ticaret AS and its competitors.
Is Diriteks Dirilis Tekstilnayi ve Ticaret AS's Days Inventory too high?
Diriteks Dirilis Tekstilnayi ve Ticaret AS's current Days Inventory is 180.42. The Manufacturing - Apparel & Accessories industry median Days Inventory is 133.22. Diriteks Dirilis Tekstilnayi ve Ticaret AS's value of 180.42 is 35.4% above this industry median. Overall, Diriteks Dirilis Tekstilnayi ve Ticaret AS has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Diriteks Dirilis Tekstilnayi ve Ticaret AS's Days Inventory compare to AIN?
Diriteks Dirilis Tekstilnayi ve Ticaret AS's Days Inventory of 180.42 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Days Inventory is 133.22. Diriteks Dirilis Tekstilnayi ve Ticaret AS's value of 180.42 is 35.4% 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 Manufacturing - Apparel & Accessories company?
The median Days Inventory among Manufacturing - Apparel & Accessories companies is 133.22, based on 1,008 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. Diriteks Dirilis Tekstilnayi ve Ticaret AS's current Days Inventory of 180.42 is 35.4% 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 Diriteks Dirilis Tekstilnayi ve Ticaret AS and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Inventory is 133.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diriteks Dirilis Tekstilnayi ve Ticaret AS's current Days Inventory is 180.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diriteks Dirilis Tekstilnayi ve Ticaret AS stock overvalued right now?
Diriteks Dirilis Tekstilnayi ve Ticaret AS (IST:DIRIT) has a current Days Inventory of 180.42. The current Days Inventory is 180.42 and 35.4% above the Manufacturing - Apparel & Accessories industry median of 133.22. Diriteks Dirilis Tekstilnayi 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 Diriteks Dirilis Tekstilnayi ve Ticaret AS (IST:DIRIT), the current Days Inventory is 180.42 as of Dec. 2021. 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.

Diriteks Dirilis Tekstilnayi ve Ticaret AS Business Description

Address Suleyman Demirel Organize Sanayi Bolgesi, 114 Caddesi No. 4, Isparta, TUR
Diriteks Dirilis Tekstil Sanayi ve Ticaret AS is a textile manufacturing company. Its brands include Dirivizon, Dirigold, Roseland. The group sells its product through domestic dealers and abroad through distributers.
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