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Silverline Endustri ve Ticaret AS (IST:SILVR) Days Inventory : 48.49 (As of Sep. 2023)


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What is Silverline Endustri ve Ticaret AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Silverline Endustri ve Ticaret AS's Average Total Inventories for the three months ended in Sep. 2023 was ₺197 Mil. Silverline Endustri ve Ticaret AS's Cost of Goods Sold for the three months ended in Sep. 2023 was ₺371 Mil. Hence, Silverline Endustri ve Ticaret AS's Days Inventory for the three months ended in Sep. 2023 was 48.49.

The historical rank and industry rank for Silverline Endustri ve Ticaret AS's Days Inventory or its related term are showing as below:

IST:SILVR' s Days Inventory Range Over the Past 10 Years
Min: 27.59   Med: 32.84   Max: 52.57
Current: 52.57

During the past 13 years, Silverline Endustri ve Ticaret AS's highest Days Inventory was 52.57. The lowest was 27.59. And the median was 32.84.

IST:SILVR's Days Inventory is ranked better than
83.5% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.325 vs IST:SILVR: 52.57

Silverline Endustri ve Ticaret AS's Days Inventory increased from Sep. 2022 (40.07) to Sep. 2023 (48.49). It might indicate that Silverline Endustri 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. Silverline Endustri ve Ticaret AS's Inventory Turnover for the three months ended in Sep. 2023 was 1.88.

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. Silverline Endustri ve Ticaret AS's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.46.


Silverline Endustri ve Ticaret AS Days Inventory Historical Data

The historical data trend for Silverline Endustri 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.

Silverline Endustri ve Ticaret AS Days Inventory Chart

Silverline Endustri ve Ticaret AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.59 28.38 31.45 42.59 41.44

Silverline Endustri ve Ticaret AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 40.07 59.63 43.47 61.26 48.49

Competitive Comparison of Silverline Endustri ve Ticaret AS's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Silverline Endustri 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.


Silverline Endustri ve Ticaret AS's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Silverline Endustri ve Ticaret AS's Days Inventory falls into.



Silverline Endustri ve Ticaret AS Days Inventory Calculation

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

Silverline Endustri ve Ticaret AS's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (147.594 + 198.285) / 2 ) / 1523.35*365
=172.9395 / 1523.35*365
=41.44

Silverline Endustri ve Ticaret AS's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (193.466 + 200.885) / 2 ) / 371.073*365 / 4
=197.1755 / 371.073*365 / 4
=48.49

* 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.


Silverline Endustri ve Ticaret AS  (IST:SILVR) 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.

Silverline Endustri ve Ticaret AS's Inventory Turnover for the three months ended in Sep. 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.

Silverline Endustri ve Ticaret AS's Inventory to Revenue for the three months ended in Sep. 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.


Silverline Endustri ve Ticaret AS Days Inventory Related Terms

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


Silverline Endustri ve Ticaret AS (IST:SILVR) Business Description

Traded in Other Exchanges
N/A
Address
Yilanli Ayazma Yolu Yesil, Plaza No 15, Kat 10, Topkapi, Istanbul, TUR
Silverline Endustri ve Ticaret AS is engaged in manufacturing, producing, selling, importing and exporting electrical and non-electrical white house goods and kitchen appliances. It also produces and sells ovens, coffee machines, hobs, built-in dishwasher, refrigerators, air recycle set, aluminum flexible duct, Inox cleaner spray, Inox wall panel, decorative grid, built in dishwashers, aluminum cassette filter, outlet, metal bar, and carbon filter.

Silverline Endustri ve Ticaret AS (IST:SILVR) Headlines

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