Isbir Holding AS (IST:ISBIR) Days Inventory: 68.10 (As of Sep. 2013)

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What is Isbir Holding AS Days Inventory?

Isbir Holding AS IST:ISBIR -1.53% Days Inventory is 68.10 as of Sep. 2013.

Days Inventory is also known as Days Sales of Inventory (DSI). Isbir Holding AS's Average Total Inventories for the six months ended in Sep. 2013 was ₺53.2 Mil. Isbir Holding AS's Cost of Goods Sold for the six months ended in Sep. 2013 was ₺142.5 Mil. Hence, Isbir Holding AS's Days Inventory for the six months ended in Sep. 2013 was 68.10.

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

IST:ISBIR's Days Inventory is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 95.85
* Ranked among companies with meaningful Days Inventory only.

Isbir Holding AS's Days Inventory increased from Sep. 2012 (47.44) to Sep. 2013 (68.10). It might indicate that Isbir Holding AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Isbir Holding AS's Inventory Turnover for the six months ended in Sep. 2013 was 2.68.

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. Isbir Holding AS's Inventory-to-Revenue for the six months ended in Sep. 2013 was 0.31.


Isbir Holding AS  (IST:ISBIR) 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.

Isbir Holding AS's Inventory Turnover for the six months ended in Sep. 2013 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.

Isbir Holding AS's Inventory to Revenue for the six months ended in Sep. 2013 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.


Isbir Holding AS Days Inventory Related Terms


Isbir Holding AS Days Inventory Historical Data

* Premium members only.

The historical data trend for Isbir Holding 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.

Isbir Holding AS Days Inventory Chart

Isbir Holding AS Annual Data
Trend Mar12 Mar13
Days Inventory
47.26 130.76

Isbir Holding AS Semi-Annual Data
Mar12 Sep12 Mar13 Sep13
Days Inventory 0.00 47.44 0.00 68.10

IST:ISBIR vs LZB, AMWD, SPB: Days Inventory Comparison

For the Furnishings, Fixtures & Appliances subindustry, Isbir Holding 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.


Isbir Holding AS Days Inventory vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Isbir Holding AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Isbir Holding AS's Days Inventory falls into.



Isbir Holding AS Days Inventory Calculation

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

Isbir Holding AS's Days Inventory for the fiscal year that ended in Mar. 2013 is calculated as

Days Inventory (A: Mar. 2013 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2012 ) + Total Inventories (A: Mar. 2013 )) / count ) / Cost of Goods Sold (A: Mar. 2013 )*Days in Period
=( (57.596 + 54.65) / 2 ) / 156.661*365
=56.123 / 156.661*365
=130.76

Isbir Holding AS's Days Inventory for the quarter that ended in Sep. 2013 is calculated as:

Days Inventory (Q: Sep. 2013 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2013 ) + Total Inventories (Q: Sep. 2013 )) / count ) / Cost of Goods Sold (Q: Sep. 2013 )*Days in Period
=( (54.65 + 51.717) / 2 ) / 142.519*365 / 2
=53.1835 / 142.519*365 / 2
=68.10

* 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 68.10 mean?
Isbir Holding AS (IST:ISBIR) has a Days Inventory of 68.10 as of Sep. 2013. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Isbir Holding AS and its competitors.
Is Isbir Holding AS's Days Inventory too high?
Isbir Holding AS's current Days Inventory is 68.10. The Furnishings, Fixtures & Appliances industry median Days Inventory is 95.85. Isbir Holding AS's value of 68.10 is 29% below this industry median.
How does Isbir Holding AS's Days Inventory compare to LZB and AMWD?
Isbir Holding AS's Days Inventory of 68.10 can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median Days Inventory is 95.85. Isbir Holding AS's value of 68.10 is 29% below 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 Furnishings, Fixtures & Appliances company?
The median Days Inventory among Furnishings, Fixtures & Appliances companies is 95.85, based on 415 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. Isbir Holding AS's current Days Inventory of 68.10 is 29% below 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 Isbir Holding AS and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Inventory is 95.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Isbir Holding AS's current Days Inventory is 68.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Isbir Holding AS stock overvalued right now?
Isbir Holding AS (IST:ISBIR) has a current Days Inventory of 68.10. The current Days Inventory is 68.10 and 29% below the Furnishings, Fixtures & Appliances industry median of 95.85. 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 Isbir Holding AS (IST:ISBIR), the current Days Inventory is 68.10 as of Sep. 2013. 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.

Isbir Holding AS Business Description

Address Ataturk Boulevard No 169/54, Cankaya, Ankara, TUR, 6680
Isbir Holding AS is a holding company. Along with its subsidiaries, the company manufactures mattresses. Its product includes home textiles, baby products, sofa and bed series among others.