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Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi AS (IST:GIPTA) Days Inventory : 177.99 (As of Mar. 2024)


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What is Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi AS's Average Total Inventories for the three months ended in Mar. 2024 was ₺258 Mil. Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi AS's Cost of Goods Sold for the three months ended in Mar. 2024 was ₺132 Mil. Hence, Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi AS's Days Inventory for the three months ended in Mar. 2024 was 177.99.

The historical rank and industry rank for Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi AS's Days Inventory or its related term are showing as below:

IST:GIPTA' s Days Inventory Range Over the Past 10 Years
Min: 47.11   Med: 76.11   Max: 150.59
Current: 79.58

During the past 4 years, Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi AS's highest Days Inventory was 150.59. The lowest was 47.11. And the median was 76.11.

IST:GIPTA's Days Inventory is ranked better than
63.4% of 1071 companies
in the Retail - Cyclical industry
Industry Median: 109.11 vs IST:GIPTA: 79.58

Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi AS's Days Inventory increased from Dec. 2022 (26.96) to Mar. 2024 (177.99). It might indicate that Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi 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. Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi AS's Inventory Turnover for the three months ended in Mar. 2024 was 0.51.

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. Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi AS's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.17.


Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi AS Days Inventory Historical Data

The historical data trend for Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi 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.

Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi AS Days Inventory Chart

Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
76.66 150.59 47.11 75.55

Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi AS Quarterly Data
Dec20 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only 26.96 154.91 36.49 38.70 177.99

Competitive Comparison of Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi AS's Days Inventory

For the Specialty Retail subindustry, Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi 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.


Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi AS's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi AS's Days Inventory falls into.



Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi AS Days Inventory Calculation

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

Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi 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
=( (194.147 + 214.745) / 2 ) / 987.689*365
=204.446 / 987.689*365
=75.55

Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi AS's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (214.745 + 301.014) / 2 ) / 132.209*365 / 4
=257.8795 / 132.209*365 / 4
=177.99

* 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.


Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi AS  (IST:GIPTA) 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.

Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi AS's Inventory Turnover for the three months ended in Mar. 2024 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.

Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi AS's Inventory to Revenue for the three months ended in Mar. 2024 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.


Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi AS Days Inventory Related Terms

Thank you for viewing the detailed overview of Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi AS's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi AS (IST:GIPTA) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Zubeyde Hanim Mah., Kazim Karabekir Cad. No:7/82, Altindag district, Ankara, TUR
Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalat Sanayi AS is a company that sells stationery products. They offer a wide range of products in the fields of notebooks, school stationery, office products and promotions.

Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalatnayi AS (IST:GIPTA) Headlines

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