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Netas Telekomuenikasyon AS (IST:NETAS) Days Inventory : 18.74 (As of Dec. 2023)


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What is Netas Telekomuenikasyon AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Netas Telekomuenikasyon AS's Average Total Inventories for the three months ended in Dec. 2023 was ₺425 Mil. Netas Telekomuenikasyon AS's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺2,071 Mil. Hence, Netas Telekomuenikasyon AS's Days Inventory for the three months ended in Dec. 2023 was 18.74.

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

IST:NETAS' s Days Inventory Range Over the Past 10 Years
Min: 23.26   Med: 33.53   Max: 40.85
Current: 25.98

During the past 13 years, Netas Telekomuenikasyon AS's highest Days Inventory was 40.85. The lowest was 23.26. And the median was 33.53.

IST:NETAS's Days Inventory is ranked better than
94.19% of 2409 companies
in the Hardware industry
Industry Median: 101.86 vs IST:NETAS: 25.98

Netas Telekomuenikasyon AS's Days Inventory declined from Dec. 2022 (31.58) to Dec. 2023 (18.74).

Inventory Turnover measures how fast the company turns over its inventory within a year. Netas Telekomuenikasyon AS's Inventory Turnover for the three months ended in Dec. 2023 was 4.87.

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. Netas Telekomuenikasyon AS's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.18.


Netas Telekomuenikasyon AS Days Inventory Historical Data

The historical data trend for Netas Telekomuenikasyon 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.

* Premium members only.

Netas Telekomuenikasyon AS Days Inventory Chart

Netas Telekomuenikasyon AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.46 36.08 40.15 40.55 23.26

Netas Telekomuenikasyon AS 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 31.58 37.17 29.92 27.19 18.74

Competitive Comparison of Netas Telekomuenikasyon AS's Days Inventory

For the Communication Equipment subindustry, Netas Telekomuenikasyon 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.


Netas Telekomuenikasyon AS's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Netas Telekomuenikasyon AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Netas Telekomuenikasyon AS's Days Inventory falls into.



Netas Telekomuenikasyon AS Days Inventory Calculation

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

Netas Telekomuenikasyon 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
=( (425.556 + 384.36) / 2 ) / 6354.979*365
=404.958 / 6354.979*365
=23.26

Netas Telekomuenikasyon 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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (466.319 + 384.36) / 2 ) / 2071.199*365 / 4
=425.3395 / 2071.199*365 / 4
=18.74

* 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.


Netas Telekomuenikasyon AS  (IST:NETAS) 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.

Netas Telekomuenikasyon AS'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.

Netas Telekomuenikasyon AS'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.


Netas Telekomuenikasyon AS Days Inventory Related Terms

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


Netas Telekomuenikasyon AS (IST:NETAS) Business Description

Traded in Other Exchanges
N/A
Address
Yenisehir Mahallesi Osmanli Bulvari No. 11, Kurtko, Pendik, Istanbul, TUR, 34912
Netas Telekomuenikasyon AS is engaged in the manufacturing and trading of telecommunication, equipment, project installation services, technical support, repair and maintenance services, IT services, strategic outsourcing services, implementation, and associated activities. The company's operating segments include Enterprise, Public, International, Technology, Telecom and BDH. It generates maximum revenue from the Enterprise segment. The company serves Financial Institutions, Telecom Service Providers, Public and Public Safety, Energy, Sports and Entertainment, Retail and FMCG, Smart Building and Campus Solutions and Transportation industries.

Netas Telekomuenikasyon AS (IST:NETAS) Headlines

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