Kardemir Celiknayi AS (IST:KARCL) Days Inventory: 117.35 (As of Mar. 2026) — Near Median

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IST:KARCL Kardemir Celik Sanayi AS IST:KARCL
6 GF Score
Price ₺176.30
! 3 Warning Signs
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What is Kardemir Celiknayi AS Days Inventory?

Kardemir Celiknayi AS IST:KARCL +9.50% 6 Days Inventory is 117.35 as of Mar. 2026, which is 4% above its 10-year median of 113.11. GuruFocus rates IST:KARCL with a GF Score™ of 6/100. The stock has 3 warning signs investors should review. Among 583 Steel companies, Kardemir Celiknayi AS ranks worse than 97.26% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Kardemir Celiknayi AS's Average Total Inventories for the three months ended in Mar. 2026 was ₺7,399 Mil. Kardemir Celiknayi AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺5,753 Mil. Hence, Kardemir Celiknayi AS's Days Inventory for the three months ended in Mar. 2026 was 117.35.

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

IST:KARCL' s Days Inventory Range Over the Past 10 Years
Min: 93.12   Med: 113.11   Max: 469.4
Current: 469.4

During the past 3 years, Kardemir Celiknayi AS's highest Days Inventory was 469.40. The lowest was 93.12. And the median was 113.11.

IST:KARCL's Days Inventory is ranked worse than
97.26% of 583 companies
in the Steel industry
Industry Median: 87.06 vs IST:KARCL: 469.40

Kardemir Celiknayi AS's Days Inventory increased from Dec. 2023 (0.00) to Mar. 2026 (117.35). It might indicate that Kardemir Celiknayi AS's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kardemir Celiknayi AS's Inventory Turnover for the three months ended in Mar. 2026 was 0.78.

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. Kardemir Celiknayi AS's Inventory-to-Revenue for the three months ended in Mar. 2026 was 1.12.


Kardemir Celiknayi AS  (IST:KARCL) 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.

Kardemir Celiknayi AS's Inventory Turnover for the three months ended in Mar. 2026 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.

Kardemir Celiknayi AS's Inventory to Revenue for the three months ended in Mar. 2026 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.


Kardemir Celiknayi AS Days Inventory Related Terms


Kardemir Celiknayi AS Days Inventory Historical Data

* Premium members only.

The historical data trend for Kardemir 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.

Kardemir Celiknayi AS Days Inventory Chart

Kardemir Celiknayi AS Annual Data
Trend Dec23 Dec24 Dec25
Days Inventory
133.62 93.12 113.11

Kardemir Celiknayi AS Quarterly Data
Dec23 Dec24 Mar25 Dec25 Mar26
Days Inventory 0.00 0.00 86.63 0.00 117.35

IST:KARCL vs NUE, STLD, RS: Days Inventory Comparison

For the Steel subindustry, Kardemir 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.


Kardemir Celiknayi AS Days Inventory vs Steel Industry

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

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


IST:KARCL
6GF Score
Kardemir Celik Sanayi AS IST:KARCL
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Kardemir Celiknayi AS Days Inventory Calculation

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

Kardemir Celiknayi AS's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (4987.519 + 7109.742) / 2 ) / 19519.309*365
=6048.6305 / 19519.309*365
=113.11

Kardemir Celiknayi AS's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (7109.742 + 7688.05) / 2 ) / 5753.349*365 / 4
=7398.896 / 5753.349*365 / 4
=117.35

* 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 117.35 mean?
Kardemir Celiknayi AS (IST:KARCL) has a Days Inventory of 117.35 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Kardemir Celiknayi AS and its competitors. This is near median its historical median of 113.11. Over the past decade, Kardemir Celiknayi AS's Days Inventory has ranged from 93.12 to 469.40. According to the industry distribution chart, Kardemir Celiknayi AS ranks #567 out of 583 companies in the Steel industry, placing it in the top 97.3%.
Is Kardemir Celiknayi AS's Days Inventory too high?
Kardemir Celiknayi AS's current Days Inventory of 117.35 is near median its 10-year median of 113.11. Over the past 10 years, this metric has ranged from a low of 93.12 to a high of 469.40. The Steel industry median Days Inventory is 87.06. Kardemir Celiknayi AS's value of 117.35 is 34.8% above this industry median. Based on the distribution chart, Kardemir Celiknayi AS ranks #567 out of 583 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Kardemir Celiknayi AS has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Kardemir Celiknayi AS's Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Kardemir Celiknayi AS ranks #567 out of 583 companies for Days Inventory. This places Kardemir Celiknayi AS in the lower half of its industry. The industry median Days Inventory is 87.06. Kardemir Celiknayi AS's value of 117.35 is 34.8% above this benchmark. Historically, Kardemir Celiknayi AS's own Days Inventory has ranged from 93.12 to 469.40 over the past decade. While the company's 10-year median is 113.11 vs. the industry median of 87.06, Kardemir Celiknayi AS has consistently been above the industry average. 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 Steel company?
The median Days Inventory among Steel companies is 87.06, based on 583 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. Kardemir Celiknayi AS's current Days Inventory of 117.35 is 34.8% 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 Kardemir Celiknayi AS and its competitors. For the Steel industry, the median Days Inventory is 87.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kardemir Celiknayi AS's current Days Inventory is 117.35, which is near median its own 10-year median of 113.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kardemir Celiknayi AS stock overvalued right now?
Kardemir Celiknayi AS (IST:KARCL) has a current Days Inventory of 117.35. The current Days Inventory is 117.35, which is near median its 10-year median of 113.11 and 34.8% above the Steel industry median of 87.06. Kardemir Celiknayi AS's overall GF Score™ is 6/100 with 3 warning signs to review. 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 Kardemir Celiknayi AS (IST:KARCL), the current Days Inventory is 117.35 as of Mar. 2026. 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.

Kardemir Celiknayi AS Business Description

Address Akcesme Mah, Cigdem Cad. No:1, Merkezefendi, Denizli, TUR
Kardemir Celik Sanayi AS manufactures equal angles, flat bars, square bars, NPU and NPI profiles, T-bars, and round bars in various dimensions and in accordance with international standards. Its products are Billet Iron, Film Rod, and Reinforcement Steel.
6GF Score

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