Innosa Teknoloji AS (IST:INTEK) Days Inventory: 21.09 (As of Dec. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:INTEK Innosa Teknoloji AS IST:INTEK
5 GF Score
Price ₺333.75
View Full Analysis

What is Innosa Teknoloji AS Days Inventory?

Innosa Teknoloji AS IST:INTEK +9.97% 5 Days Inventory is 21.09 as of Dec. 2023. GuruFocus rates IST:INTEK with a GF Score™ of 5/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Innosa Teknoloji AS's Average Total Inventories for the six months ended in Dec. 2023 was ₺3.78 Mil. Innosa Teknoloji AS's Cost of Goods Sold for the six months ended in Dec. 2023 was ₺32.69 Mil. Hence, Innosa Teknoloji AS's Days Inventory for the six months ended in Dec. 2023 was 21.09.

The historical rank and industry rank for Innosa Teknoloji AS's Days Inventory or its related term are showing as below:

IST:INTEK's Days Inventory is not ranked *
in the Software industry.
Industry Median: 20.47
* Ranked among companies with meaningful Days Inventory only.

Innosa Teknoloji AS's Days Inventory declined from Dec. 2022 (26.87) to Dec. 2023 (21.09).

Inventory Turnover measures how fast the company turns over its inventory within a year. Innosa Teknoloji AS's Inventory Turnover for the six months ended in Dec. 2023 was 8.65.

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. Innosa Teknoloji AS's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.10.


Innosa Teknoloji AS  (IST:INTEK) 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.

Innosa Teknoloji AS's Inventory Turnover for the six 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.

Innosa Teknoloji AS's Inventory to Revenue for the six 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.


Innosa Teknoloji AS Days Inventory Related Terms


Innosa Teknoloji AS Days Inventory Historical Data

* Premium members only.

The historical data trend for Innosa Teknoloji 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.

Innosa Teknoloji AS Days Inventory Chart

Innosa Teknoloji 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 320.03 213.57 241.73 41.35 29.17

Innosa Teknoloji AS Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 265.37 193.68 26.87 32.49 21.09

IST:INTEK vs CRM, INTU, NOW: Days Inventory Comparison

For the Software - Application subindustry, Innosa Teknoloji 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.


Innosa Teknoloji AS Days Inventory vs Software Industry

For the Software industry and Technology sector, Innosa Teknoloji AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Innosa Teknoloji AS's Days Inventory falls into.


IST:INTEK
5GF Score
Innosa Teknoloji AS IST:INTEK
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Innosa Teknoloji AS Days Inventory Calculation

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

Innosa Teknoloji 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
=( (1.183 + 5.497) / 2 ) / 41.787*365
=3.34 / 41.787*365
=29.17

Innosa Teknoloji 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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (2.057 + 5.497) / 2 ) / 32.688*365 / 2
=3.777 / 32.688*365 / 2
=21.09

* 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 21.09 mean?
Innosa Teknoloji AS (IST:INTEK) has a Days Inventory of 21.09 as of Dec. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Innosa Teknoloji AS and its competitors.
Is Innosa Teknoloji AS's Days Inventory too high?
Innosa Teknoloji AS's current Days Inventory is 21.09. The Software industry median Days Inventory is 20.47. Innosa Teknoloji AS's value of 21.09 is 3% above this industry median. Overall, Innosa Teknoloji AS has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Innosa Teknoloji AS's Days Inventory compare to CRM and INTU?
Innosa Teknoloji AS's Days Inventory of 21.09 can be compared against companies in the Software industry. The industry median Days Inventory is 20.47. Innosa Teknoloji AS's value of 21.09 is 3% 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 Software company?
The median Days Inventory among Software companies is 20.47, based on 1,654 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. Innosa Teknoloji AS's current Days Inventory of 21.09 is 3% 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 Innosa Teknoloji AS and its competitors. For the Software industry, the median Days Inventory is 20.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innosa Teknoloji AS's current Days Inventory is 21.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innosa Teknoloji AS stock overvalued right now?
Innosa Teknoloji AS (IST:INTEK) has a current Days Inventory of 21.09. The current Days Inventory is 21.09 and 3% above the Software industry median of 20.47. Innosa Teknoloji 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 Innosa Teknoloji AS (IST:INTEK), the current Days Inventory is 21.09 as of Dec. 2023. 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.

Innosa Teknoloji AS Business Description

Address Metropol Istanbul A Block, No:219, Atasehir, Istanbull, TUR
Innosa Teknoloji AS is a software company established to develop projects for medium and large-scale institutions in the IT sector. It is focusing on the corporate market, the company provides services in software development, artificial intelligence, consultancy, special project development, system and database support.
5GF Score

Get the complete analysis for IST:INTEK

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺333.75
Price