Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) Days Inventory : 97.11 (As of Sep. 2024)

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What is Kartonsan Kartonnayi ve Ticaret AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kartonsan Kartonnayi ve Ticaret AS's Average Total Inventories for the three months ended in Sep. 2024 was ₺885 Mil. Kartonsan Kartonnayi ve Ticaret AS's Cost of Goods Sold for the three months ended in Sep. 2024 was ₺831 Mil. Hence, Kartonsan Kartonnayi ve Ticaret AS's Days Inventory for the three months ended in Sep. 2024 was 97.11.

The historical rank and industry rank for Kartonsan Kartonnayi ve Ticaret AS's Days Inventory or its related term are showing as below:

IST:KARTN' s Days Inventory Range Over the Past 10 Years
Min: 44.44 Med: 69.43 Max: 102.03
Current: 81.71

During the past 13 years, Kartonsan Kartonnayi ve Ticaret AS's highest Days Inventory was 102.03. The lowest was 44.44. And the median was 69.43.

IST:KARTN's Days Inventory is ranked worse than
55.03% of 378 companies
in the Packaging & Containers industry
Industry Median: 76.565 vs IST:KARTN: 81.71

Kartonsan Kartonnayi ve Ticaret AS's Days Inventory increased from Sep. 2023 (37.18) to Sep. 2024 (97.11). It might indicate that Kartonsan Kartonnayi ve Ticaret 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. Kartonsan Kartonnayi ve Ticaret AS's Inventory Turnover for the three months ended in Sep. 2024 was 0.94.

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. Kartonsan Kartonnayi ve Ticaret AS's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.09.

Kartonsan Kartonnayi ve Ticaret AS Days Inventory Historical Data

The historical data trend for Kartonsan Kartonnayi ve Ticaret 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.

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Kartonsan Kartonnayi ve Ticaret AS Days Inventory Chart

Kartonsan Kartonnayi ve Ticaret AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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70.40

68.46

47.00

44.44

102.03

Kartonsan Kartonnayi ve Ticaret AS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial															37.18	284.34	49.73	70.98	97.11

Competitive Comparison of Kartonsan Kartonnayi ve Ticaret AS's Days Inventory

For the Packaging & Containers subindustry, Kartonsan Kartonnayi ve Ticaret 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.

Kartonsan Kartonnayi ve Ticaret AS's Days Inventory Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Kartonsan Kartonnayi ve Ticaret AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kartonsan Kartonnayi ve Ticaret AS's Days Inventory falls into.

Kartonsan Kartonnayi ve Ticaret AS Days Inventory Calculation

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

Kartonsan Kartonnayi ve Ticaret 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
=	( (1086.459	+	558.194)	/	2 )	/	2941.881	*	365
=	822.3265					/	2941.881	*	365
=	102.03

Kartonsan Kartonnayi ve Ticaret AS's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (835.736	+	933.476)	/	2 )	/	831.254	*	365 / 4
=	884.606					/	831.254	*	365 / 4
=	97.11

Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) 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.

Kartonsan Kartonnayi ve Ticaret AS's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	831.254	/	884.606
	=	0.94

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.

Kartonsan Kartonnayi ve Ticaret AS's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	884.606	/	814.219
	=	1.09

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.

Kartonsan Kartonnayi ve Ticaret AS Days Inventory Related Terms

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

Kartonsan Kartonnayi ve Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Kartonsan Karton Sanayi ve Ticaret AS (IST:KARTN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prof. Dr. Bulent Tarcan Caddesi, No: 5 Pak Is Merkezi, Kat: 3, Gayrettepe, Istanbul, TUR, 34349

Website

https://www.kartonsan.com

Kartonsan Karton Sanayi ve Ticaret AS is a Turkey-based company engaged in producing and trading of coated cardboard from recycled paper. Business activity of the group is operated through Ukraine, Bulgaria, Spain, Greece, Portugal, and Italy. Its portfolio includes product such as Normprint, Exprint and Luxtriplex, Normprint is multi-coated grey-backside cardboard with a blade top coat, which is used as a packaging material; Exprint, used in all types of packaging and detailed graphic printing and Luxtriplex, multi-coated cardboard with white backside which is ideal for all types of packaging, especially for food, cosmetics, pharmaceuticals. Kartonsan derives revenue through the sale of the products.

Kartonsan Kartonnayi ve Ticaret AS Headlines

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