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Naturel Yenilenebilir Enerji Ticaret (IST:NATEN) Days Inventory : 4.13 (As of Dec. 2023)


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What is Naturel Yenilenebilir Enerji Ticaret Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Naturel Yenilenebilir Enerji Ticaret's Average Total Inventories for the three months ended in Dec. 2023 was ₺38 Mil. Naturel Yenilenebilir Enerji Ticaret's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺851 Mil. Hence, Naturel Yenilenebilir Enerji Ticaret's Days Inventory for the three months ended in Dec. 2023 was 4.13.

The historical rank and industry rank for Naturel Yenilenebilir Enerji Ticaret's Days Inventory or its related term are showing as below:

IST:NATEN' s Days Inventory Range Over the Past 10 Years
Min: 1.48   Med: 8.9   Max: 59.88
Current: 7.03

During the past 8 years, Naturel Yenilenebilir Enerji Ticaret's highest Days Inventory was 59.88. The lowest was 1.48. And the median was 8.90.

IST:NATEN's Days Inventory is ranked better than
86.02% of 329 companies
in the Utilities - Independent Power Producers industry
Industry Median: 30.41 vs IST:NATEN: 7.03

Naturel Yenilenebilir Enerji Ticaret's Days Inventory declined from Dec. 2022 (5.57) to Dec. 2023 (4.13).

Inventory Turnover measures how fast the company turns over its inventory within a year. Naturel Yenilenebilir Enerji Ticaret's Inventory Turnover for the three months ended in Dec. 2023 was 22.11.

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. Naturel Yenilenebilir Enerji Ticaret's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.04.


Naturel Yenilenebilir Enerji Ticaret Days Inventory Historical Data

The historical data trend for Naturel Yenilenebilir Enerji Ticaret'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.

* Premium members only.

Naturel Yenilenebilir Enerji Ticaret Days Inventory Chart

Naturel Yenilenebilir Enerji Ticaret Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 1.48 59.88 11.05 6.75 11.15

Naturel Yenilenebilir Enerji Ticaret Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only 5.57 18.92 3.68 9.85 4.13

Competitive Comparison of Naturel Yenilenebilir Enerji Ticaret's Days Inventory

For the Utilities - Renewable subindustry, Naturel Yenilenebilir Enerji Ticaret'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.


Naturel Yenilenebilir Enerji Ticaret's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Naturel Yenilenebilir Enerji Ticaret's Days Inventory distribution charts can be found below:

* The bar in red indicates where Naturel Yenilenebilir Enerji Ticaret's Days Inventory falls into.



Naturel Yenilenebilir Enerji Ticaret Days Inventory Calculation

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

Naturel Yenilenebilir Enerji Ticaret'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
=( (42.561 + 51.306) / 2 ) / 1536.428*365
=46.9335 / 1536.428*365
=11.15

Naturel Yenilenebilir Enerji Ticaret'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (25.638 + 51.306) / 2 ) / 850.688*365 / 4
=38.472 / 850.688*365 / 4
=4.13

* 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.


Naturel Yenilenebilir Enerji Ticaret  (IST:NATEN) 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.

Naturel Yenilenebilir Enerji Ticaret's Inventory Turnover for the three months ended in Dec. 2023 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.

Naturel Yenilenebilir Enerji Ticaret's Inventory to Revenue for the three months ended in Dec. 2023 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.


Naturel Yenilenebilir Enerji Ticaret Days Inventory Related Terms

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


Naturel Yenilenebilir Enerji Ticaret (IST:NATEN) Business Description

Traded in Other Exchanges
N/A
Address
1450 Sokak ATM Plaza B Blok Number 1/68-69, Kizilirmak Mahallesi, Cukurambar, Ankara, TUR
Naturel Yenilenebilir Enerji Ticaret is a Turkey-based company engaged in the business of Renewable energy. The electricity generation services offered by the company include Common services, Wind Plants, Solar Plants, and Geo-Thermal Plants among others. It also offers other services such as Wind Measurement, Solar Measurement, and solutions for power transmission lines.

Naturel Yenilenebilir Enerji Ticaret (IST:NATEN) Headlines

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