Manas Enerji Yonetiminayi ve Ticaret AS (IST:MANAS) Days Inventory: 751.80 (As of Sep. 2024)


IST:MANAS Manas Enerji Yonetimi Sanayi ve Ticaret AS IST:MANAS
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What is Manas Enerji Yonetiminayi ve Ticaret AS Days Inventory?

Manas Enerji Yonetiminayi ve Ticaret AS IST:MANAS -2.07% 5 Days Inventory is 751.80 as of Sep. 2024. GuruFocus rates IST:MANAS with a GF Score™ of 5/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Manas Enerji Yonetiminayi ve Ticaret AS's Average Total Inventories for the three months ended in Sep. 2024 was ₺307.5 Mil. Manas Enerji Yonetiminayi ve Ticaret AS's Cost of Goods Sold for the three months ended in Sep. 2024 was ₺37.3 Mil. Hence, Manas Enerji Yonetiminayi ve Ticaret AS's Days Inventory for the three months ended in Sep. 2024 was 751.80.

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

IST:MANAS's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 119.47
* Ranked among companies with meaningful Days Inventory only.

Manas Enerji Yonetiminayi ve Ticaret AS's Days Inventory increased from Sep. 2023 (626.48) to Sep. 2024 (751.80). It might indicate that Manas Enerji Yonetiminayi ve Ticaret AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Manas Enerji Yonetiminayi ve Ticaret AS's Inventory Turnover for the three months ended in Sep. 2024 was 0.12.

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. Manas Enerji Yonetiminayi ve Ticaret AS's Inventory-to-Revenue for the three months ended in Sep. 2024 was 4.81.


Manas Enerji Yonetiminayi ve Ticaret AS  (IST:MANAS) 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.

Manas Enerji Yonetiminayi ve Ticaret AS's Inventory Turnover for the three months ended in Sep. 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.

Manas Enerji Yonetiminayi ve Ticaret AS's Inventory to Revenue for the three months ended in Sep. 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.


Manas Enerji Yonetiminayi ve Ticaret AS Days Inventory Related Terms


Manas Enerji Yonetiminayi ve Ticaret AS Days Inventory Historical Data

* Premium members only.

The historical data trend for Manas Enerji Yonetiminayi 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.

Manas Enerji Yonetiminayi ve Ticaret AS Days Inventory Chart

Manas Enerji Yonetiminayi ve Ticaret AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 152.80 164.11 130.04 183.80 489.00

Manas Enerji Yonetiminayi ve Ticaret AS Quarterly Data
Dec18 Dec19 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 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 626.48 0.00 606.74 1,363.76 751.80

IST:MANAS vs VRT, HUBB, BE: Days Inventory Comparison

For the Electrical Equipment & Parts subindustry, Manas Enerji Yonetiminayi 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.


Manas Enerji Yonetiminayi ve Ticaret AS Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Manas Enerji Yonetiminayi ve Ticaret AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Manas Enerji Yonetiminayi ve Ticaret AS's Days Inventory falls into.


IST:MANAS
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Manas Enerji Yonetimi Sanayi ve Ticaret AS IST:MANAS
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Manas Enerji Yonetiminayi ve Ticaret AS Days Inventory Calculation

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

Manas Enerji Yonetiminayi 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
=( (132.5 + 200.617) / 2 ) / 124.323*365
=166.5585 / 124.323*365
=489.00

Manas Enerji Yonetiminayi 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
=( (282.775 + 332.175) / 2 ) / 37.32*365 / 4
=307.475 / 37.32*365 / 4
=751.80

* 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 751.80 mean?
Manas Enerji Yonetiminayi ve Ticaret AS (IST:MANAS) has a Days Inventory of 751.80 as of Sep. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Manas Enerji Yonetiminayi ve Ticaret AS and its competitors.
Is Manas Enerji Yonetiminayi ve Ticaret AS's Days Inventory too high?
Manas Enerji Yonetiminayi ve Ticaret AS's current Days Inventory is 751.80. The Industrial Products industry median Days Inventory is 119.47. Manas Enerji Yonetiminayi ve Ticaret AS's value of 751.80 is 529.3% above this industry median. Overall, Manas Enerji Yonetiminayi ve Ticaret AS has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Manas Enerji Yonetiminayi ve Ticaret AS's Days Inventory compare to VRT and HUBB?
Manas Enerji Yonetiminayi ve Ticaret AS's Days Inventory of 751.80 can be compared against companies in the Industrial Products industry. The industry median Days Inventory is 119.47. Manas Enerji Yonetiminayi ve Ticaret AS's value of 751.80 is 529.3% 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 an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.47, based on 2,968 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. Manas Enerji Yonetiminayi ve Ticaret AS's current Days Inventory of 751.80 is 529.3% 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 Manas Enerji Yonetiminayi ve Ticaret AS and its competitors. For the Industrial Products industry, the median Days Inventory is 119.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manas Enerji Yonetiminayi ve Ticaret AS's current Days Inventory is 751.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manas Enerji Yonetiminayi ve Ticaret AS stock overvalued right now?
Manas Enerji Yonetiminayi ve Ticaret AS (IST:MANAS) has a current Days Inventory of 751.80. The current Days Inventory is 751.80 and 529.3% above the Industrial Products industry median of 119.47. Manas Enerji Yonetiminayi ve Ticaret 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 Manas Enerji Yonetiminayi ve Ticaret AS (IST:MANAS), the current Days Inventory is 751.80 as of Sep. 2024. 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.

Manas Enerji Yonetiminayi ve Ticaret AS Business Description

Address A.S.O. 1. Organize Sanayi Bolgesi, Anadolu Caddesi No: 25, Sincan, Ankara, TUR, 06935
Manas Enerji Yonetimi Sanayi ve Ticaret AS is engaged in the business of smart metering systems and solutions. Its products are into electro-controlled gas, water, heat and electricity meters also AMR, M2M, AMI AND, meter remote control system solutions.
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