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Orma Orman Mahsulleri Integrenayi ve Ticaret AS (IST:ORMA) Days Inventory : 56.62 (As of Dec. 2023)


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What is Orma Orman Mahsulleri Integrenayi ve Ticaret AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Orma Orman Mahsulleri Integrenayi ve Ticaret AS's Average Total Inventories for the six months ended in Dec. 2023 was ₺516 Mil. Orma Orman Mahsulleri Integrenayi ve Ticaret AS's Cost of Goods Sold for the six months ended in Dec. 2023 was ₺1,664 Mil. Hence, Orma Orman Mahsulleri Integrenayi ve Ticaret AS's Days Inventory for the six months ended in Dec. 2023 was 56.62.

The historical rank and industry rank for Orma Orman Mahsulleri Integrenayi ve Ticaret AS's Days Inventory or its related term are showing as below:

IST:ORMA' s Days Inventory Range Over the Past 10 Years
Min: 54.96   Med: 73.81   Max: 95.4
Current: 80.65

During the past 11 years, Orma Orman Mahsulleri Integrenayi ve Ticaret AS's highest Days Inventory was 95.40. The lowest was 54.96. And the median was 73.81.

IST:ORMA's Days Inventory is ranked better than
62.56% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.325 vs IST:ORMA: 80.65

Orma Orman Mahsulleri Integrenayi ve Ticaret AS's Days Inventory increased from Dec. 2022 (41.61) to Dec. 2023 (56.62). It might indicate that Orma Orman Mahsulleri Integrenayi ve Ticaret AS's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Orma Orman Mahsulleri Integrenayi ve Ticaret AS's Inventory Turnover for the six months ended in Dec. 2023 was 3.22.

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. Orma Orman Mahsulleri Integrenayi ve Ticaret AS's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.25.


Orma Orman Mahsulleri Integrenayi ve Ticaret AS Days Inventory Historical Data

The historical data trend for Orma Orman Mahsulleri Integrenayi ve Ticaret 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.

Orma Orman Mahsulleri Integrenayi ve Ticaret AS Days Inventory Chart

Orma Orman Mahsulleri Integrenayi ve Ticaret 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 75.36 82.93 72.25 54.96 95.40

Orma Orman Mahsulleri Integrenayi ve Ticaret AS Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 67.69 75.73 41.61 104.05 56.62

Competitive Comparison of Orma Orman Mahsulleri Integrenayi ve Ticaret AS's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Orma Orman Mahsulleri Integrenayi ve Ticaret 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.


Orma Orman Mahsulleri Integrenayi ve Ticaret AS's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Orma Orman Mahsulleri Integrenayi ve Ticaret AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Orma Orman Mahsulleri Integrenayi ve Ticaret AS's Days Inventory falls into.



Orma Orman Mahsulleri Integrenayi ve Ticaret AS Days Inventory Calculation

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

Orma Orman Mahsulleri Integrenayi ve Ticaret 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
=( (668.167 + 673.113) / 2 ) / 2565.832*365
=670.64 / 2565.832*365
=95.40

Orma Orman Mahsulleri Integrenayi ve Ticaret 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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (359.63 + 673.113) / 2 ) / 1664.44*365 / 2
=516.3715 / 1664.44*365 / 2
=56.62

* 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.


Orma Orman Mahsulleri Integrenayi ve Ticaret AS  (IST:ORMA) 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.

Orma Orman Mahsulleri Integrenayi ve Ticaret AS's Inventory Turnover for the six 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.

Orma Orman Mahsulleri Integrenayi ve Ticaret AS's Inventory to Revenue for the six 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.


Orma Orman Mahsulleri Integrenayi ve Ticaret AS Days Inventory Related Terms

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Orma Orman Mahsulleri Integrenayi ve Ticaret AS (IST:ORMA) Business Description

Traded in Other Exchanges
N/A
Address
Prof. Dr. Alaeddin Yavasca Sk., Marmara Apt. No: 4, Besiktas, Istanbul, TUR, 34357
Orma Orman Mahsulleri Integre Sanayi ve Ticaret A.S. is a Turkey-based company engages in the production of timber products. It produces particleboard, E1 chipboard, and melamine coated chipboards.

Orma Orman Mahsulleri Integrenayi ve Ticaret AS (IST:ORMA) Headlines

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