IMAS Makinanayi Anonim Sirketi (IST:IMASM) Days Inventory : 158.47 (As of Mar. 2024)

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What is IMAS Makinanayi Anonim Sirketi Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). IMAS Makinanayi Anonim Sirketi's Average Total Inventories for the three months ended in Mar. 2024 was ₺361 Mil. IMAS Makinanayi Anonim Sirketi's Cost of Goods Sold for the three months ended in Mar. 2024 was ₺208 Mil. Hence, IMAS Makinanayi Anonim Sirketi's Days Inventory for the three months ended in Mar. 2024 was 158.47.

The historical rank and industry rank for IMAS Makinanayi Anonim Sirketi's Days Inventory or its related term are showing as below:

IST:IMASM' s Days Inventory Range Over the Past 10 Years
Min: 89.89 Med: 156.12 Max: 170.42
Current: 110.64

During the past 5 years, IMAS Makinanayi Anonim Sirketi's highest Days Inventory was 170.42. The lowest was 89.89. And the median was 156.12.

IST:IMASM's Days Inventory is not ranked
in the Industrial Products industry.
Industry Median: 121.88 vs IST:IMASM: 110.64

IMAS Makinanayi Anonim Sirketi's Days Inventory increased from Mar. 2023 (91.59) to Mar. 2024 (158.47). It might indicate that IMAS Makinanayi Anonim Sirketi's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. IMAS Makinanayi Anonim Sirketi's Inventory Turnover for the three months ended in Mar. 2024 was 0.58.

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. IMAS Makinanayi Anonim Sirketi's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.24.

IMAS Makinanayi Anonim Sirketi Days Inventory Historical Data

The historical data trend for IMAS Makinanayi Anonim Sirketi'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.

IMAS Makinanayi Anonim Sirketi Days Inventory Chart

IMAS Makinanayi Anonim Sirketi Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

169.44

156.12

170.42

89.89

138.48

IMAS Makinanayi Anonim Sirketi Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial									91.59	245.24	160.78	52.32	158.47

Competitive Comparison of IMAS Makinanayi Anonim Sirketi's Days Inventory

For the Specialty Industrial Machinery subindustry, IMAS Makinanayi Anonim Sirketi'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.

IMAS Makinanayi Anonim Sirketi's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, IMAS Makinanayi Anonim Sirketi's Days Inventory distribution charts can be found below:

* The bar in red indicates where IMAS Makinanayi Anonim Sirketi's Days Inventory falls into.

IMAS Makinanayi Anonim Sirketi Days Inventory Calculation

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

IMAS Makinanayi Anonim Sirketi'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
=	( (334.729	+	316.676)	/	2 )	/	858.464	*	365
=	325.7025					/	858.464	*	365
=	138.48

IMAS Makinanayi Anonim Sirketi'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
=	( (316.676	+	406.3)	/	2 )	/	208.147	*	365 / 4
=	361.488					/	208.147	*	365 / 4
=	158.47

IMAS Makinanayi Anonim Sirketi (IST:IMASM) 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.

IMAS Makinanayi Anonim Sirketi's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	208.147	/	361.488
	=	0.58

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.

IMAS Makinanayi Anonim Sirketi's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	361.488	/	292.141
	=	1.24

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.

IMAS Makinanayi Anonim Sirketi Days Inventory Related Terms

Thank you for viewing the detailed overview of IMAS Makinanayi Anonim Sirketi's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

IMAS Makinanayi Anonim Sirketi Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IMAS Makina Sanayi Anonim Sirketi (IST:IMASM) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Buyukkayacik Mahallesi No 407 Street No: 8, Konya, TUR, 42250

Website

https://www.imas.com.tr

IMAS Makina Sanayi Anonim Sirketi produces machinery and equipment with high quality and technology. It operates under the brands of Milleral in grain milling, Viteral in feed factories, Cuteral in the band saw industry, Steral in the steel construction industry and ProSupport in after-sales services.

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