Formul Plastik Ve Metalnayi AS (IST:FRMPL) Days Inventory: 274.81 (As of Jun. 2026) — 94% Above Median

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IST:FRMPL Formul Plastik Ve Metal Sanayi AS IST:FRMPL
23 GF Score
Price ₺38.42
! 2 Warning Signs
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What is Formul Plastik Ve Metalnayi AS Days Inventory?

Formul Plastik Ve Metalnayi AS IST:FRMPL +9.15% 23 Days Inventory is 274.81 as of Jun. 2026, which is 94% above its 10-year median of 142.01. GuruFocus rates IST:FRMPL with a GF Score™ of 23/100. The stock has 2 warning signs investors should review. Among 395 Building Materials companies, Formul Plastik Ve Metalnayi AS ranks worse than 93.67% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Formul Plastik Ve Metalnayi AS's Average Total Inventories for the three months ended in Jun. 2026 was ₺1,837 Mil. Formul Plastik Ve Metalnayi AS's Cost of Goods Sold for the three months ended in Jun. 2026 was ₺610 Mil. Hence, Formul Plastik Ve Metalnayi AS's Days Inventory for the three months ended in Jun. 2026 was 274.81.

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

IST:FRMPL' s Days Inventory Range Over the Past 10 Years
Min: 105.96   Med: 142.01   Max: 395.25
Current: 395.25

During the past 3 years, Formul Plastik Ve Metalnayi AS's highest Days Inventory was 395.25. The lowest was 105.96. And the median was 142.01.

IST:FRMPL's Days Inventory is ranked worse than
93.67% of 395 companies
in the Building Materials industry
Industry Median: 88.24 vs IST:FRMPL: 395.25

Formul Plastik Ve Metalnayi AS's Days Inventory increased from Mar. 2025 (134.75) to Jun. 2026 (274.81). It might indicate that Formul Plastik Ve Metalnayi 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. Formul Plastik Ve Metalnayi AS's Inventory Turnover for the three months ended in Jun. 2026 was 0.33.

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. Formul Plastik Ve Metalnayi AS's Inventory-to-Revenue for the three months ended in Jun. 2026 was 2.04.


Formul Plastik Ve Metalnayi AS  (IST:FRMPL) 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.

Formul Plastik Ve Metalnayi AS's Inventory Turnover for the three months ended in Jun. 2026 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.

Formul Plastik Ve Metalnayi AS's Inventory to Revenue for the three months ended in Jun. 2026 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.


Formul Plastik Ve Metalnayi AS Days Inventory Related Terms


Formul Plastik Ve Metalnayi AS Days Inventory Historical Data

* Premium members only.

The historical data trend for Formul Plastik Ve Metalnayi 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.

Formul Plastik Ve Metalnayi AS Days Inventory Chart

Formul Plastik Ve Metalnayi AS Annual Data
Trend Dec22 Dec23 Dec24
Days Inventory
105.96 142.01 146.27

Formul Plastik Ve Metalnayi AS Quarterly Data
Dec22 Dec23 Dec24 Mar25 Jun25 Sep25 Mar26 Jun26
Days Inventory Get a 7-Day Free Trial 134.75 0.00 329.02 237.83 274.81

IST:FRMPL vs CRH, VMC, MLM: Days Inventory Comparison

For the Building Materials subindustry, Formul Plastik Ve Metalnayi 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.


Formul Plastik Ve Metalnayi AS Days Inventory vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Formul Plastik Ve Metalnayi AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Formul Plastik Ve Metalnayi AS's Days Inventory falls into.


IST:FRMPL
23GF Score
Formul Plastik Ve Metal Sanayi AS IST:FRMPL
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Formul Plastik Ve Metalnayi AS Days Inventory Calculation

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

Formul Plastik Ve Metalnayi AS's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (1047.329 + 1048.014) / 2 ) / 2614.29*365
=1047.6715 / 2614.29*365
=146.27

Formul Plastik Ve Metalnayi AS's Days Inventory for the quarter that ended in Jun. 2026 is calculated as:

Days Inventory (Q: Jun. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (1606.773 + 2067.438) / 2 ) / 609.996*365 / 4
=1837.1055 / 609.996*365 / 4
=274.81

* 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 274.81 mean?
Formul Plastik Ve Metalnayi AS (IST:FRMPL) has a Days Inventory of 274.81 as of Jun. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Formul Plastik Ve Metalnayi AS and its competitors. This is 94% above median its historical median of 142.01. Over the past decade, Formul Plastik Ve Metalnayi AS's Days Inventory has ranged from 105.96 to 395.25. According to the industry distribution chart, Formul Plastik Ve Metalnayi AS ranks #370 out of 395 companies in the Building Materials industry, placing it in the top 93.7%.
Is Formul Plastik Ve Metalnayi AS's Days Inventory too high?
Formul Plastik Ve Metalnayi AS's current Days Inventory of 274.81 is 94% above median its 10-year median of 142.01. Over the past 10 years, this metric has ranged from a low of 105.96 to a high of 395.25. The Building Materials industry median Days Inventory is 88.24. Formul Plastik Ve Metalnayi AS's value of 274.81 is 211.4% above this industry median. Based on the distribution chart, Formul Plastik Ve Metalnayi AS ranks #370 out of 395 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Formul Plastik Ve Metalnayi AS has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Formul Plastik Ve Metalnayi AS's Days Inventory compare to CRH and VMC?
According to the Building Materials industry distribution chart, Formul Plastik Ve Metalnayi AS ranks #370 out of 395 companies for Days Inventory. This places Formul Plastik Ve Metalnayi AS in the lower half of its industry. The industry median Days Inventory is 88.24. Formul Plastik Ve Metalnayi AS's value of 274.81 is 211.4% above this benchmark. Historically, Formul Plastik Ve Metalnayi AS's own Days Inventory has ranged from 105.96 to 395.25 over the past decade. While the company's 10-year median is 142.01 vs. the industry median of 88.24, Formul Plastik Ve Metalnayi AS has consistently been above the industry average. 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 Building Materials company?
The median Days Inventory among Building Materials companies is 88.24, based on 395 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. Formul Plastik Ve Metalnayi AS's current Days Inventory of 274.81 is 211.4% 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 Formul Plastik Ve Metalnayi AS and its competitors. For the Building Materials industry, the median Days Inventory is 88.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formul Plastik Ve Metalnayi AS's current Days Inventory is 274.81, which is 94% above median its own 10-year median of 142.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formul Plastik Ve Metalnayi AS stock overvalued right now?
Formul Plastik Ve Metalnayi AS (IST:FRMPL) has a current Days Inventory of 274.81. The current Days Inventory is 274.81, which is 94% above median its 10-year median of 142.01 and 211.4% above the Building Materials industry median of 88.24. Formul Plastik Ve Metalnayi AS's overall GF Score™ is 23/100 with 2 warning signs to review. 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 Formul Plastik Ve Metalnayi AS (IST:FRMPL), the current Days Inventory is 274.81 as of Jun. 2026. 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.

Formul Plastik Ve Metalnayi AS Business Description

Address Gurpinar Yolu Caddesi, Cumhuriyet Mahallesi, Kaya Milenyum Is Merkezi K:8 N:5A/144, Buyukcekmece, Istanbul, TUR
Formul Plastik Ve Metal Sanayi AS is engaged in manufacturing PP-R pipes and fittings, PVC pipes and fittings, and PE-RT pipes. It also produces brass inserts and fittings. The company operates under the brand names Formul, Aquapa, Foraqua, Aquaplast, and Aquapipe. Geographically, it serves Africa, CIS countries, Far East, Middle East and South America.
23GF Score

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