GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Izmir Demir Celik Sanayi AS (IST:IZMDC) » Definitions » Days Inventory

Izmir Demir Celiknayi AS (IST:IZMDC) Days Inventory : 63.06 (As of Mar. 2024)


View and export this data going back to 1986. Start your Free Trial

What is Izmir Demir Celiknayi AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Izmir Demir Celiknayi AS's Average Total Inventories for the three months ended in Mar. 2024 was ₺6,137 Mil. Izmir Demir Celiknayi AS's Cost of Goods Sold for the three months ended in Mar. 2024 was ₺8,880 Mil. Hence, Izmir Demir Celiknayi AS's Days Inventory for the three months ended in Mar. 2024 was 63.06.

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

IST:IZMDC' s Days Inventory Range Over the Past 10 Years
Min: 32.4   Med: 57.77   Max: 73.18
Current: 52.28

During the past 13 years, Izmir Demir Celiknayi AS's highest Days Inventory was 73.18. The lowest was 32.40. And the median was 57.77.

IST:IZMDC's Days Inventory is ranked better than
74.13% of 572 companies
in the Steel industry
Industry Median: 88.66 vs IST:IZMDC: 52.28

Izmir Demir Celiknayi AS's Days Inventory increased from Mar. 2023 (36.94) to Mar. 2024 (63.06). It might indicate that Izmir Demir Celiknayi AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Izmir Demir Celiknayi AS's Inventory Turnover for the three months ended in Mar. 2024 was 1.45.

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. Izmir Demir Celiknayi AS's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.71.


Izmir Demir Celiknayi AS Days Inventory Historical Data

The historical data trend for Izmir Demir Celiknayi 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.

Izmir Demir Celiknayi AS Days Inventory Chart

Izmir Demir Celiknayi 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 73.18 64.79 51.72 32.40 63.24

Izmir Demir Celiknayi AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 36.94 77.08 79.44 31.13 63.06

Competitive Comparison of Izmir Demir Celiknayi AS's Days Inventory

For the Steel subindustry, Izmir Demir Celiknayi 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.


Izmir Demir Celiknayi AS's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Izmir Demir Celiknayi AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Izmir Demir Celiknayi AS's Days Inventory falls into.



Izmir Demir Celiknayi AS Days Inventory Calculation

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

Izmir Demir Celiknayi 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
=( (5890.832 + 6006.496) / 2 ) / 34336.126*365
=5948.664 / 34336.126*365
=63.24

Izmir Demir Celiknayi 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
=( (6006.496 + 6266.82) / 2 ) / 8879.809*365 / 4
=6136.658 / 8879.809*365 / 4
=63.06

* 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.


Izmir Demir Celiknayi AS  (IST:IZMDC) 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.

Izmir Demir Celiknayi 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.

Izmir Demir Celiknayi 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.


Izmir Demir Celiknayi AS Days Inventory Related Terms

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


Izmir Demir Celiknayi AS (IST:IZMDC) Business Description

Traded in Other Exchanges
N/A
Address
?air E?ref Bulvar? No. 23, Çankaya, Izmir, TUR, 35210
Izmir Demir Celik Sanayi AS is a steel producer based in Turkey. The company produces steel products which include iron blocks, iron rods, and iron beams for various application and sells it to the Turkish and international markets. The production is carried out at the Foca plant in Aliaga. The firm also engages in making investments in power plant and maritime business, owning three ships totally through its subsidiaries.

Izmir Demir Celiknayi AS (IST:IZMDC) Headlines

No Headlines