Park Elektrik Uretim Madenciliknayi ve Ticaret AS (IST:PRKME) Days Inventory : 21.64 (As of Dec. 2023)

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What is Park Elektrik Uretim Madenciliknayi ve Ticaret AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Park Elektrik Uretim Madenciliknayi ve Ticaret AS's Average Total Inventories for the three months ended in Dec. 2023 was ₺36.3 Mil. Park Elektrik Uretim Madenciliknayi ve Ticaret AS's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺153.1 Mil. Hence, Park Elektrik Uretim Madenciliknayi ve Ticaret AS's Days Inventory for the three months ended in Dec. 2023 was 21.64.

The historical rank and industry rank for Park Elektrik Uretim Madenciliknayi ve Ticaret AS's Days Inventory or its related term are showing as below:

IST:PRKME' s Days Inventory Range Over the Past 10 Years
Min: 15.84 Med: 49.42 Max: 278465.41
Current: 37.65

During the past 13 years, Park Elektrik Uretim Madenciliknayi ve Ticaret AS's highest Days Inventory was 278465.41. The lowest was 15.84. And the median was 49.42.

IST:PRKME's Days Inventory is ranked worse than
60.87% of 115 companies
in the Other Energy Sources industry
Industry Median: 32.53 vs IST:PRKME: 37.65

Park Elektrik Uretim Madenciliknayi ve Ticaret AS's Days Inventory increased from Dec. 2022 (6.24) to Dec. 2023 (21.64). It might indicate that Park Elektrik Uretim Madenciliknayi 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. Park Elektrik Uretim Madenciliknayi ve Ticaret AS's Inventory Turnover for the three months ended in Dec. 2023 was 4.22.

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. Park Elektrik Uretim Madenciliknayi ve Ticaret AS's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.20.

Park Elektrik Uretim Madenciliknayi ve Ticaret AS Days Inventory Historical Data

The historical data trend for Park Elektrik Uretim Madenciliknayi 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.

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Park Elektrik Uretim Madenciliknayi ve Ticaret AS Days Inventory Chart

Park Elektrik Uretim Madenciliknayi ve Ticaret AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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159.88

18.06

38.21

15.84

41.07

Park Elektrik Uretim Madenciliknayi ve Ticaret 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															6.24	49.38	58.14	75.81	21.64

Competitive Comparison of Park Elektrik Uretim Madenciliknayi ve Ticaret AS's Days Inventory

For the Thermal Coal subindustry, Park Elektrik Uretim Madenciliknayi 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.

Park Elektrik Uretim Madenciliknayi ve Ticaret AS's Days Inventory Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Park Elektrik Uretim Madenciliknayi ve Ticaret AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Park Elektrik Uretim Madenciliknayi ve Ticaret AS's Days Inventory falls into.

Park Elektrik Uretim Madenciliknayi ve Ticaret AS Days Inventory Calculation

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

Park Elektrik Uretim Madenciliknayi 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
=	( (14.063	+	41.319)	/	2 )	/	246.127	*	365
=	27.691					/	246.127	*	365
=	41.07

Park Elektrik Uretim Madenciliknayi 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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (31.315	+	41.319)	/	2 )	/	153.147	*	365 / 4
=	36.317					/	153.147	*	365 / 4
=	21.64

Park Elektrik Uretim Madenciliknayi ve Ticaret AS (IST:PRKME) 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.

Park Elektrik Uretim Madenciliknayi ve Ticaret AS's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	153.147	/	36.317
	=	4.22

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.

Park Elektrik Uretim Madenciliknayi ve Ticaret AS's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	36.317	/	184.395
	=	0.20

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.

Park Elektrik Uretim Madenciliknayi ve Ticaret AS Days Inventory Related Terms

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Park Elektrik Uretim Madenciliknayi ve Ticaret AS (IST:PRKME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Park Elektrik Uretim Madencilik Sanayi ve Ticaret AS (IST:PRKME) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Pasalimani Caddesi, No: 41, Sultantepe, Uskudar, Istanbul, TUR, 34674

Website

http://www.parkelektrik.com.tr

Park Elektrik Uretim Madencilik Sanayi ve Ticaret AS is a mining company. It generates revenue from the sale of coal and royalty contracts.

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