Days Inventory is also known as Days Sales of Inventory (DSI). Net Holding AS's Average Total Inventories for the
three
months ended in Dec. 2023 was ₺314 Mil. Net Holding AS's Cost of Goods Sold for the
three
months ended in Dec. 2023 was ₺2,885 Mil.
Hence, Net Holding AS's Days Inventory for the
three
months ended in Dec. 2023 was 9.94.
The historical rank and industry rank for Net Holding AS's Days Inventory or its related term are showing as below:
IST:NTHOL'
s Days Inventory Range Over the Past 10 Years
Min: 13.91 Med: 27.71 Max: 34.19
Current: 15.99
During the past 13 years, Net Holding AS's highest Days Inventory was 34.19. The lowest was 13.91. And the median was 27.71.
IST:NTHOL's Days Inventory is ranked better than 61.55% of 671
companies
in the Travel & Leisure industry
Industry Median: 33.92
vs IST:NTHOL: 15.99
Net Holding AS's Days Inventory
increased
from Dec. 2022 (6.41) to Dec. 2023 (9.94).
It might indicate that Net Holding AS's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Net Holding AS's Inventory Turnover for the
three
months ended in Dec. 2023 was 9.18.
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.
Net Holding AS's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.07.
Net Holding AS Days Inventory Historical Data
The historical data trend for Net Holding 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.
Competitive Comparison of Net Holding AS's Days Inventory
For the Travel Services subindustry, Net Holding 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.
Net Holding AS's Days Inventory Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Net Holding AS's Days Inventory distribution charts can be found below:
* The bar in red indicates where Net Holding AS's Days Inventory falls into.
Net Holding AS Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Net Holding AS's Days Inventory for the fiscal year that 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.
Net Holding AS (IST:NTHOL) 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.
Net Holding 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.
Net Holding 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.
Net Holding AS Days Inventory Related Terms
Thank you for viewing the detailed overview of Net Holding AS's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Net Holding AS is a Turkey-based holding company which mainly provides tourism services. It manages its business through five reportable segments, namely, tourism, finance, publication, holding and others. As a tourism company, its major revenues come from the tourism segment. The tourism segment comprises of hotel and accommodation, touristic shopping, managing duty-free shops and car rentals. Through the publishing segment, the company publishes books and runs bookstores. The Holding segment refers to the company's business of managing its net group of companies and the other segment provides construction and agriculture-related services. The company's geographical segments are TRNC(Turkish Republic of Northern Cyprus), Croatia, Montenegro, Bulgaria, and Turkey.
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