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Hateks Hatay Tekstil Isletmeleri AS (IST:HATEK) Days Inventory : 101.56 (As of Dec. 2023)


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What is Hateks Hatay Tekstil Isletmeleri AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hateks Hatay Tekstil Isletmeleri AS's Average Total Inventories for the three months ended in Dec. 2023 was ₺275.8 Mil. Hateks Hatay Tekstil Isletmeleri AS's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺247.8 Mil. Hence, Hateks Hatay Tekstil Isletmeleri AS's Days Inventory for the three months ended in Dec. 2023 was 101.56.

The historical rank and industry rank for Hateks Hatay Tekstil Isletmeleri AS's Days Inventory or its related term are showing as below:

IST:HATEK' s Days Inventory Range Over the Past 10 Years
Min: 97.57   Med: 113.22   Max: 51324.38
Current: 165.96

During the past 13 years, Hateks Hatay Tekstil Isletmeleri AS's highest Days Inventory was 51324.38. The lowest was 97.57. And the median was 113.22.

IST:HATEK's Days Inventory is ranked worse than
61.22% of 1003 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.24 vs IST:HATEK: 165.96

Hateks Hatay Tekstil Isletmeleri AS's Days Inventory increased from Dec. 2022 (53.29) to Dec. 2023 (101.56). It might indicate that Hateks Hatay Tekstil Isletmeleri AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hateks Hatay Tekstil Isletmeleri AS's Inventory Turnover for the three months ended in Dec. 2023 was 0.90.

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. Hateks Hatay Tekstil Isletmeleri AS's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.96.


Hateks Hatay Tekstil Isletmeleri AS Days Inventory Historical Data

The historical data trend for Hateks Hatay Tekstil Isletmeleri 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.

Hateks Hatay Tekstil Isletmeleri AS Days Inventory Chart

Hateks Hatay Tekstil Isletmeleri 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 97.57 102.65 154.36 113.82 219.16

Hateks Hatay Tekstil Isletmeleri AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.29 217.08 186.20 162.52 101.56

Competitive Comparison of Hateks Hatay Tekstil Isletmeleri AS's Days Inventory

For the Textile Manufacturing subindustry, Hateks Hatay Tekstil Isletmeleri 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.


Hateks Hatay Tekstil Isletmeleri AS's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hateks Hatay Tekstil Isletmeleri AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hateks Hatay Tekstil Isletmeleri AS's Days Inventory falls into.



Hateks Hatay Tekstil Isletmeleri AS Days Inventory Calculation

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

Hateks Hatay Tekstil Isletmeleri 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
=( (414.598 + 305.88) / 2 ) / 599.97*365
=360.239 / 599.97*365
=219.16

Hateks Hatay Tekstil Isletmeleri 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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (245.7 + 305.88) / 2 ) / 247.787*365 / 4
=275.79 / 247.787*365 / 4
=101.56

* 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.


Hateks Hatay Tekstil Isletmeleri AS  (IST:HATEK) 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.

Hateks Hatay Tekstil Isletmeleri AS's Inventory Turnover for the three 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.

Hateks Hatay Tekstil Isletmeleri AS's Inventory to Revenue for the three 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.


Hateks Hatay Tekstil Isletmeleri AS Days Inventory Related Terms

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


Hateks Hatay Tekstil Isletmeleri AS (IST:HATEK) Business Description

Traded in Other Exchanges
N/A
Address
Ötençay Mah. E-5 Karayolu Cad., Dis Kapi No: 59,, Hatay, TUR
Hateks Hatay Tekstil Isletmeleri AS is a major manufacturing company engaged in the export of textile products produced in its fully integrated factory. The company offers towels, bathrobes, and bathmats, as well as special terry products. In addition, it offers cotton, dyed, and melange yarns; cotton gazed mercerized raw and dyed yarns.

Hateks Hatay Tekstil Isletmeleri AS (IST:HATEK) Headlines

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