Netcad Yazilim ASIST:NETCD -5.58%30 Days Inventory is 1.33 as of Dec. 2024, which is 33% below its 10-year median of 1.98. GuruFocus rates IST:NETCD with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 1,649 Software companies, Netcad Yazilim AS ranks better than 84.96% on this metric.
The historical rank and industry rank for Netcad Yazilim AS's Days Inventory or its related term are showing as below:
IST:NETCD'
s Days Inventory Range Over the Past 10 Years
Min: 1.33 Med: 1.98 Max: 2.34
Current: 1.33
During the past 3 years, Netcad Yazilim AS's highest Days Inventory was 2.34. The lowest was 1.33. And the median was 1.98.
IST:NETCD's Days Inventory is ranked better than 84.96% of 1649
companies
in the Software industry
Industry Median: 20.13
vs IST:NETCD: 1.33
Netcad Yazilim AS's Days Inventory
declined
from Dec. 2022 (1.98) to Dec. 2024 (1.33).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Netcad Yazilim AS's Inventory Turnover for the
six
months ended in Dec. 2024 was 274.97.
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.
Netcad Yazilim AS's Inventory-to-Revenue for the
six
months ended in Dec. 2024 was 0.00.
Netcad Yazilim AS (IST:NETCD) 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.
Netcad Yazilim AS's Inventory Turnover for the
six
months ended in Dec. 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.
Netcad Yazilim AS's Inventory to Revenue for the
six
months ended in Dec. 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.
Netcad Yazilim AS Days Inventory Related Terms
Netcad Yazilim AS Days Inventory Historical Data
* Premium members only.
The historical data trend for Netcad Yazilim 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.
Netcad Yazilim AS Days Inventory Chart
Netcad Yazilim AS Annual Data
Trend
Dec22
Dec23
Dec24
Days Inventory
1.98
2.34
1.33
Netcad Yazilim AS Semi-Annual Data
Dec22
Dec23
Dec24
Days Inventory
1.98
2.34
1.33
IST:NETCD vs CRM, SHOP, UBER: Days Inventory Comparison
For the Software - Application subindustry, Netcad Yazilim 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.
Netcad Yazilim AS Days Inventory vs Software Industry
For the Software industry and Technology sector, Netcad Yazilim AS's Days Inventory distribution charts can be found below:
* The bar in red indicates where Netcad Yazilim AS's Days Inventory falls into.
* 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.
Netcad Yazilim AS (IST:NETCD) has a Days Inventory of 1.33 as of Dec. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Netcad Yazilim AS and its competitors. This is 33% below median its historical median of 1.98. Over the past decade, Netcad Yazilim AS's Days Inventory has ranged from 1.33 to 2.34. According to the industry distribution chart, Netcad Yazilim AS ranks #248 out of 1649 companies in the Software industry, placing it in the top 15%.
Is Netcad Yazilim AS's Days Inventory too high?
Netcad Yazilim AS's current Days Inventory of 1.33 is 33% below median its 10-year median of 1.98. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 2.34. The Software industry median Days Inventory is 20.13. Netcad Yazilim AS's value of 1.33 is 93.4% below this industry median. Based on the distribution chart, Netcad Yazilim AS ranks #248 out of 1649 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Netcad Yazilim AS has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Netcad Yazilim AS's Days Inventory compare to CRM and SHOP?
According to the Software industry distribution chart, Netcad Yazilim AS ranks #248 out of 1649 companies for Days Inventory. This places Netcad Yazilim AS in the top 15% of its industry — outperforming the majority of peers. The industry median Days Inventory is 20.13. Netcad Yazilim AS's value of 1.33 is 93.4% below this benchmark. Historically, Netcad Yazilim AS's own Days Inventory has ranged from 1.33 to 2.34 over the past decade. While the company's 10-year median is 1.98 vs. the industry median of 20.13, Netcad Yazilim AS has consistently been below the industry average. 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 a Software company?
The median Days Inventory among Software companies is 20.13, based on 1,649 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. Netcad Yazilim AS's current Days Inventory of 1.33 is 93.4% below 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 Netcad Yazilim AS and its competitors. For the Software industry, the median Days Inventory is 20.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netcad Yazilim AS's current Days Inventory is 1.33, which is 33% below median its own 10-year median of 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netcad Yazilim AS stock overvalued right now?
Netcad Yazilim AS (IST:NETCD) has a current Days Inventory of 1.33. The current Days Inventory is 1.33, which is 33% below median its 10-year median of 1.98 and 93.4% below the Software industry median of 20.13. Netcad Yazilim AS's overall GF Score™ is 30/100 with 2 warning signs to review. 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 Netcad Yazilim AS (IST:NETCD), the current Days Inventory is 1.33 as of Dec. 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.
Netcad Yazilim AS a developer of software in this field in Turkey focused on Geographic Information Systems (GIS), CAD, engineering and smart-city solutions. Its solutions involve Smart Cities, Smart Planning, Digital Mapping, Land Management, Smart Mining, Smart Grid Management, and Smart Transportation.
30GF Score
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