Ronesans Gayrimenkul Yatirim AS (IST:RGYAS) Days Inventory : 0.13 (As of Dec. 2024)

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What is Ronesans Gayrimenkul Yatirim AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ronesans Gayrimenkul Yatirim AS's Average Total Inventories for the three months ended in Dec. 2024 was ₺1 Mil. Ronesans Gayrimenkul Yatirim AS's Cost of Goods Sold for the three months ended in Dec. 2024 was ₺996 Mil. Hence, Ronesans Gayrimenkul Yatirim AS's Days Inventory for the three months ended in Dec. 2024 was 0.13.

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

IST:RGYAS' s Days Inventory Range Over the Past 10 Years
Min: 0.18 Med: 0.53 Max: 1.26
Current: 0.35

During the past 4 years, Ronesans Gayrimenkul Yatirim AS's highest Days Inventory was 1.26. The lowest was 0.18. And the median was 0.53.

IST:RGYAS's Days Inventory is ranked better than
98.7% of 1312 companies
in the Real Estate industry
Industry Median: 709.03 vs IST:RGYAS: 0.35

Ronesans Gayrimenkul Yatirim AS's Days Inventory increased from Sep. 2023 (0.00) to Dec. 2024 (0.13). It might indicate that Ronesans Gayrimenkul Yatirim AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ronesans Gayrimenkul Yatirim AS's Inventory Turnover for the three months ended in Dec. 2024 was 682.32.

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. Ronesans Gayrimenkul Yatirim AS's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.00.

Ronesans Gayrimenkul Yatirim AS Days Inventory Historical Data

The historical data trend for Ronesans Gayrimenkul Yatirim 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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Ronesans Gayrimenkul Yatirim AS Days Inventory Chart

Ronesans Gayrimenkul Yatirim AS Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Days Inventory

1.26

0.83

0.18

0.23

Ronesans Gayrimenkul Yatirim AS Quarterly Data
	Dec21	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial			-	0.10	0.51	0.37	0.13

Competitive Comparison of Ronesans Gayrimenkul Yatirim AS's Days Inventory

For the Real Estate - Development subindustry, Ronesans Gayrimenkul Yatirim 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.

Ronesans Gayrimenkul Yatirim AS's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ronesans Gayrimenkul Yatirim AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ronesans Gayrimenkul Yatirim AS's Days Inventory falls into.

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Ronesans Gayrimenkul Yatirim AS Days Inventory Calculation

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

Ronesans Gayrimenkul Yatirim AS's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (1.278	+	1.837)	/	2 )	/	2509.683	*	365
=	1.5575					/	2509.683	*	365
=	0.23

Ronesans Gayrimenkul Yatirim AS's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (1.083	+	1.837)	/	2 )	/	996.188	*	365 / 4
=	1.46					/	996.188	*	365 / 4
=	0.13

Ronesans Gayrimenkul Yatirim AS (IST:RGYAS) 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.

Ronesans Gayrimenkul Yatirim AS's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	996.188	/	1.46
	=	682.32

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.

Ronesans Gayrimenkul Yatirim AS's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.46	/	2648.441
	=	0.00

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.

Ronesans Gayrimenkul Yatirim AS Days Inventory Related Terms

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

Ronesans Gayrimenkul Yatirim AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ronesans Gayrimenkul Yatirim AS (IST:RGYAS) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Tugay Yolu Caddesi A Blok No: 69A Kat:7, Cevizli Mahallesi, Maltepe, Istanbul, TUR, 34846

Website

https://rgy.com.tr

Ronesans Gayrimenkul Yatirim AS is a commercial real estate developer in Turkey. It develops and invests in shopping centers, offices, and mixed projects in different cities in Turkey. The company is also involved in the leasing and management of the real estate developed, through its subsidiaries.

Ronesans Gayrimenkul Yatirim AS Headlines

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