GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Turkiye Sise ve Cam Fabrikalari AS (IST:SISE) » Definitions » Days Inventory

Turkiye Sise ve Cam Fabrikalari AS (IST:SISE) Days Inventory : 100.69 (As of Mar. 2024)


View and export this data going back to 1986. Start your Free Trial

What is Turkiye Sise ve Cam Fabrikalari AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Turkiye Sise ve Cam Fabrikalari AS's Average Total Inventories for the three months ended in Mar. 2024 was ₺34,545 Mil. Turkiye Sise ve Cam Fabrikalari AS's Cost of Goods Sold for the three months ended in Mar. 2024 was ₺31,305 Mil. Hence, Turkiye Sise ve Cam Fabrikalari AS's Days Inventory for the three months ended in Mar. 2024 was 100.69.

The historical rank and industry rank for Turkiye Sise ve Cam Fabrikalari AS's Days Inventory or its related term are showing as below:

IST:SISE' s Days Inventory Range Over the Past 10 Years
Min: 66.84   Med: 101.04   Max: 112.42
Current: 85.15

During the past 13 years, Turkiye Sise ve Cam Fabrikalari AS's highest Days Inventory was 112.42. The lowest was 66.84. And the median was 101.04.

IST:SISE's Days Inventory is ranked worse than
52.12% of 1487 companies
in the Chemicals industry
Industry Median: 81.77 vs IST:SISE: 85.15

Turkiye Sise ve Cam Fabrikalari AS's Days Inventory increased from Mar. 2023 (76.03) to Mar. 2024 (100.69). It might indicate that Turkiye Sise ve Cam Fabrikalari AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Turkiye Sise ve Cam Fabrikalari AS's Inventory Turnover for the three months ended in Mar. 2024 was 0.91.

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. Turkiye Sise ve Cam Fabrikalari AS's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.85.


Turkiye Sise ve Cam Fabrikalari AS Days Inventory Historical Data

The historical data trend for Turkiye Sise ve Cam Fabrikalari 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.

Turkiye Sise ve Cam Fabrikalari AS Days Inventory Chart

Turkiye Sise ve Cam Fabrikalari 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 102.46 99.61 107.36 66.84 111.63

Turkiye Sise ve Cam Fabrikalari AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 76.03 107.88 100.83 56.30 100.69

Competitive Comparison of Turkiye Sise ve Cam Fabrikalari AS's Days Inventory

For the Specialty Chemicals subindustry, Turkiye Sise ve Cam Fabrikalari 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.


Turkiye Sise ve Cam Fabrikalari AS's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Turkiye Sise ve Cam Fabrikalari AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Turkiye Sise ve Cam Fabrikalari AS's Days Inventory falls into.



Turkiye Sise ve Cam Fabrikalari AS Days Inventory Calculation

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

Turkiye Sise ve Cam Fabrikalari 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
=( (34410.893 + 32909.644) / 2 ) / 110055.8*365
=33660.2685 / 110055.8*365
=111.63

Turkiye Sise ve Cam Fabrikalari AS's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (32909.644 + 36180.589) / 2 ) / 31305.324*365 / 4
=34545.1165 / 31305.324*365 / 4
=100.69

* 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.


Turkiye Sise ve Cam Fabrikalari AS  (IST:SISE) 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.

Turkiye Sise ve Cam Fabrikalari AS's Inventory Turnover for the three months ended in Mar. 2024 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.

Turkiye Sise ve Cam Fabrikalari AS's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=34545.1165 / 40584.287
=0.85

* 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.


Turkiye Sise ve Cam Fabrikalari AS Days Inventory Related Terms

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


Turkiye Sise ve Cam Fabrikalari AS (IST:SISE) Business Description

Traded in Other Exchanges
N/A
Address
Icmeler Mahallesi, D-100 Karayolu Caddesi, No: 44/A, Tuzla, Istanbul, TUR, 34947
Turkiye Sise ve Cam Fabrikalari AS is a holding company that, through its subsidiaries, manufactures and sells glass products, chemicals, and glass packaging. The firm's five segments are based on product type. The flat glass segment, which generates more revenue than any other segment, sells glass panes used in windows and automobile windshields. The glassware segment sells glass beverage bottles and crystal products. The other three segments are glass packaging, chemicals, and other, which consists primarily of services including insurance and the export and import of goods. The majority of revenue comes from Turkey.

Turkiye Sise ve Cam Fabrikalari AS (IST:SISE) Headlines

No Headlines