Metal Gayrimenkul AS (IST:METAL) Days Inventory : 0.71 (As of Jun. 2018)

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What is Metal Gayrimenkul AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Metal Gayrimenkul AS's Average Total Inventories for the three months ended in Jun. 2018 was ₺0.01 Mil. Metal Gayrimenkul AS's Cost of Goods Sold for the three months ended in Jun. 2018 was ₺0.64 Mil. Hence, Metal Gayrimenkul AS's Days Inventory for the three months ended in Jun. 2018 was 0.71.

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

IST:METAL's Days Inventory is not ranked ^*
in the Real Estate industry.
Industry Median: 697.85
* Ranked among companies with meaningful Days Inventory only.

Metal Gayrimenkul AS's Days Inventory increased from Mar. 2017 (0.00) to Jun. 2018 (0.71). It might indicate that Metal Gayrimenkul AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Metal Gayrimenkul AS's Inventory Turnover for the three months ended in Jun. 2018 was 128.20.

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. Metal Gayrimenkul AS's Inventory-to-Revenue for the three months ended in Jun. 2018 was 0.01.

Metal Gayrimenkul AS Days Inventory Historical Data

The historical data trend for Metal Gayrimenkul 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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Metal Gayrimenkul AS Days Inventory Chart

Metal Gayrimenkul AS Annual Data

Trend

Dec08

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Dec17

Days Inventory

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Metal Gayrimenkul AS Quarterly Data
	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Dec17	Mar18	Jun18
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	0.71

Competitive Comparison of Metal Gayrimenkul AS's Days Inventory

For the Real Estate - Development subindustry, Metal Gayrimenkul 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.

Metal Gayrimenkul AS's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Metal Gayrimenkul AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Metal Gayrimenkul AS's Days Inventory falls into.

Metal Gayrimenkul AS Days Inventory Calculation

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

Metal Gayrimenkul AS's Days Inventory for the fiscal year that ended in Dec. 2017 is calculated as

	Days Inventory (A: Dec. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2016 )	+	Total Inventories (A: Dec. 2017 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2017 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	9.071	*	365
=	0					/	9.071	*	365
=	0.00

Metal Gayrimenkul AS's Days Inventory for the quarter that ended in Jun. 2018 is calculated as:

	Days Inventory (Q: Jun. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2018 )	+	Total Inventories (Q: Jun. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2018 )	*	Days in Period
=	( (0	+	0.005)	/	1 )	/	0.641	*	365 / 4
=	0.005					/	0.641	*	365 / 4
=	0.71

Metal Gayrimenkul AS (IST:METAL) 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.

Metal Gayrimenkul AS's Inventory Turnover for the three months ended in Jun. 2018 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.641	/	0.005
	=	128.20

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.

Metal Gayrimenkul AS's Inventory to Revenue for the three months ended in Jun. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.005	/	0.651
	=	0.01

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.

Metal Gayrimenkul AS Days Inventory Related Terms

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

Metal Gayrimenkul AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Metal Gayrimenkul AS (IST:METAL) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Gokturk Merkez Quarter, Istanbul Street Arcadiumlife II Site N26 K / 2, EYUP, Istanbul, TUR

Website

http://www.metalgayrimenkul.com

Metal Gayrimenkul AS is a construction company. The company projects include Blue Lake Kucukcekmece Project, which has more than 750 residences, is under construction on Kucukcekmece Lake.

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