Marshall Boya VE Verniknayii AS (IST:MRSHL) Days Inventory : 67.48 (As of Dec. 2023)

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What is Marshall Boya VE Verniknayii AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Marshall Boya VE Verniknayii AS's Average Total Inventories for the six months ended in Dec. 2023 was ₺394 Mil. Marshall Boya VE Verniknayii AS's Cost of Goods Sold for the six months ended in Dec. 2023 was ₺2,131 Mil. Hence, Marshall Boya VE Verniknayii AS's Days Inventory for the six months ended in Dec. 2023 was 33.74.

The historical rank and industry rank for Marshall Boya VE Verniknayii AS's Days Inventory or its related term are showing as below:

IST:MRSHL' s Days Inventory Range Over the Past 10 Years
Min: 44.74 Med: 53.77 Max: 99.7
Current: 67.48

During the past 12 years, Marshall Boya VE Verniknayii AS's highest Days Inventory was 99.70. The lowest was 44.74. And the median was 53.77.

IST:MRSHL's Days Inventory is ranked better than
62.2% of 1492 companies
in the Chemicals industry
Industry Median: 82.18 vs IST:MRSHL: 67.48

Marshall Boya VE Verniknayii AS's Days Inventory declined from Dec. 2021 (99.70) to Dec. 2023 (67.48).

Inventory Turnover measures how fast the company turns over its inventory within a year. Marshall Boya VE Verniknayii AS's Inventory Turnover for the six months ended in Dec. 2023 was 5.41.

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. Marshall Boya VE Verniknayii AS's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.13.

Marshall Boya VE Verniknayii AS Days Inventory Historical Data

The historical data trend for Marshall Boya VE Verniknayii 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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Marshall Boya VE Verniknayii AS Days Inventory Chart

Marshall Boya VE Verniknayii AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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64.80

47.60

99.70

59.58

67.48

Marshall Boya VE Verniknayii AS Semi-Annual Data
	Dec09	Dec10	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Days Inventory	Get a 7-Day Free Trial							64.80	47.60	99.70	59.58	67.48

Competitive Comparison of Marshall Boya VE Verniknayii AS's Days Inventory

For the Specialty Chemicals subindustry, Marshall Boya VE Verniknayii 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.

Marshall Boya VE Verniknayii AS's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Marshall Boya VE Verniknayii AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Marshall Boya VE Verniknayii AS's Days Inventory falls into.

Marshall Boya VE Verniknayii AS Days Inventory Calculation

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

Marshall Boya VE Verniknayii 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
=	( (464.817	+	323.267)	/	2 )	/	2131.288	*	365
=	394.042					/	2131.288	*	365
=	67.48

Marshall Boya VE Verniknayii AS's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (464.817	+	323.267)	/	2 )	/	2131.288	*	365 / 2
=	394.042					/	2131.288	*	365 / 2
=	33.74

Marshall Boya VE Verniknayii AS (IST:MRSHL) 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.

Marshall Boya VE Verniknayii AS's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2131.288	/	394.042
	=	5.41

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.

Marshall Boya VE Verniknayii AS's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	394.042	/	3114.154
	=	0.13

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.

Marshall Boya VE Verniknayii AS Days Inventory Related Terms

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

Marshall Boya VE Verniknayii AS (IST:MRSHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Marshall Boya VE Vernik Sanayii AS (IST:MRSHL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dilovasi Organize San. Bolgesi, 1.Kisim Tuna Caddesi No:1, Dilovasi, Gebze, Kocaeli, TUR, 41455

Website

http://www.marshallboya.com

Marshall Boya VE Vernik Sanayii AS is a Turkey-based company involved in manufacturing paints, coatings, and specialty chemicals. The variety of paints provided by the company includes Panel Door Paint, Fit Silicone, Fit Plastic, Antibacterial Hygiene and Silicone Silk Mat Tinted among others.

Marshall Boya VE Verniknayii AS (IST:MRSHL) Headlines

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