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Rubenis Tekstilnayi Ticaret Anonim Sirketi (IST:RUBNS) Days Inventory : 32.76 (As of Dec. 2023)


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What is Rubenis Tekstilnayi Ticaret Anonim Sirketi Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rubenis Tekstilnayi Ticaret Anonim Sirketi's Average Total Inventories for the three months ended in Dec. 2023 was ₺368 Mil. Rubenis Tekstilnayi Ticaret Anonim Sirketi's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺1,024 Mil. Hence, Rubenis Tekstilnayi Ticaret Anonim Sirketi's Days Inventory for the three months ended in Dec. 2023 was 32.76.

The historical rank and industry rank for Rubenis Tekstilnayi Ticaret Anonim Sirketi's Days Inventory or its related term are showing as below:

IST:RUBNS' s Days Inventory Range Over the Past 10 Years
Min: 34.29   Med: 97.05   Max: 126.26
Current: 81.12

During the past 5 years, Rubenis Tekstilnayi Ticaret Anonim Sirketi's highest Days Inventory was 126.26. The lowest was 34.29. And the median was 97.05.

IST:RUBNS's Days Inventory is ranked better than
73.26% of 1006 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.415 vs IST:RUBNS: 81.12

Rubenis Tekstilnayi Ticaret Anonim Sirketi's Days Inventory declined from Dec. 2022 (55.12) to Dec. 2023 (32.76).

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. Rubenis Tekstilnayi Ticaret Anonim Sirketi's Inventory Turnover for the three months ended in Dec. 2023 was 2.79.

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. Rubenis Tekstilnayi Ticaret Anonim Sirketi's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.28.


Rubenis Tekstilnayi Ticaret Anonim Sirketi Days Inventory Historical Data

The historical data trend for Rubenis Tekstilnayi Ticaret Anonim Sirketi'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.

Rubenis Tekstilnayi Ticaret Anonim Sirketi Days Inventory Chart

Rubenis Tekstilnayi Ticaret Anonim Sirketi Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
34.29 42.38 122.80 126.26 97.05

Rubenis Tekstilnayi Ticaret Anonim Sirketi Quarterly Data
Dec19 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 55.12 300.03 258.97 63.13 32.76

Competitive Comparison of Rubenis Tekstilnayi Ticaret Anonim Sirketi's Days Inventory

For the Textile Manufacturing subindustry, Rubenis Tekstilnayi Ticaret Anonim Sirketi'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.


Rubenis Tekstilnayi Ticaret Anonim Sirketi's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Rubenis Tekstilnayi Ticaret Anonim Sirketi's Days Inventory distribution charts can be found below:

* The bar in red indicates where Rubenis Tekstilnayi Ticaret Anonim Sirketi's Days Inventory falls into.



Rubenis Tekstilnayi Ticaret Anonim Sirketi Days Inventory Calculation

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

Rubenis Tekstilnayi Ticaret Anonim Sirketi'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
=( (616.857 + 356.026) / 2 ) / 1829.43*365
=486.4415 / 1829.43*365
=97.05

Rubenis Tekstilnayi Ticaret Anonim Sirketi'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
=( (379.373 + 356.026) / 2 ) / 1024.174*365 / 4
=367.6995 / 1024.174*365 / 4
=32.76

* 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.


Rubenis Tekstilnayi Ticaret Anonim Sirketi  (IST:RUBNS) 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.

Rubenis Tekstilnayi Ticaret Anonim Sirketi'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.

Rubenis Tekstilnayi Ticaret Anonim Sirketi'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.


Rubenis Tekstilnayi Ticaret Anonim Sirketi Days Inventory Related Terms

Thank you for viewing the detailed overview of Rubenis Tekstilnayi Ticaret Anonim Sirketi's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Rubenis Tekstilnayi Ticaret Anonim Sirketi (IST:RUBNS) Business Description

Traded in Other Exchanges
N/A
Address
Telsiz Mahallesi, Zambak Sokak No:6, Zeytinburnu, Istanbul, TUR
Rubenis Tekstil Sanayi Ticaret Anonim Sirketi engages in manufacturing Yarn, Fiber, and Thread. Its product offerings comprise Compact Penye Triko yarn and Compact combed weave yarn.

Rubenis Tekstilnayi Ticaret Anonim Sirketi (IST:RUBNS) Headlines

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