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Turk Hava Yollari AO (Turk Hava Yollari AO) Days Inventory : 16.84 (As of Dec. 2023)


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What is Turk Hava Yollari AO Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Turk Hava Yollari AO's Average Total Inventories for the three months ended in Dec. 2023 was $394 Mil. Turk Hava Yollari AO's Cost of Goods Sold for the three months ended in Dec. 2023 was $2,137 Mil. Hence, Turk Hava Yollari AO's Days Inventory for the three months ended in Dec. 2023 was 16.84.

The historical rank and industry rank for Turk Hava Yollari AO's Days Inventory or its related term are showing as below:

TKHVY' s Days Inventory Range Over the Past 10 Years
Min: 6.4   Med: 8.55   Max: 15.39
Current: 9.25

During the past 13 years, Turk Hava Yollari AO's highest Days Inventory was 15.39. The lowest was 6.40. And the median was 8.55.

TKHVY's Days Inventory is ranked better than
56.94% of 778 companies
in the Transportation industry
Industry Median: 11.42 vs TKHVY: 9.25

Turk Hava Yollari AO's Days Inventory increased from Dec. 2022 (12.26) to Dec. 2023 (16.84). It might indicate that Turk Hava Yollari AO's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Turk Hava Yollari AO's Inventory Turnover for the three months ended in Dec. 2023 was 5.42.

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. Turk Hava Yollari AO's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.16.


Turk Hava Yollari AO Days Inventory Historical Data

The historical data trend for Turk Hava Yollari AO'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.

Turk Hava Yollari AO Days Inventory Chart

Turk Hava Yollari AO 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 8.31 17.51 18.06 8.51 10.41

Turk Hava Yollari AO 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 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 12.26 8.24 7.92 8.13 16.84

Competitive Comparison of Turk Hava Yollari AO's Days Inventory

For the Airlines subindustry, Turk Hava Yollari AO'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.


Turk Hava Yollari AO's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Turk Hava Yollari AO's Days Inventory distribution charts can be found below:

* The bar in red indicates where Turk Hava Yollari AO's Days Inventory falls into.



Turk Hava Yollari AO Days Inventory Calculation

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

Turk Hava Yollari AO'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
=( (332.094 + 423.377) / 2 ) / 13238.539*365
=377.7355 / 13238.539*365
=10.41

Turk Hava Yollari AO'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
=( (365.247 + 423.377) / 2 ) / 2136.915*365 / 4
=394.312 / 2136.915*365 / 4
=16.84

* 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.


Turk Hava Yollari AO  (OTCPK:TKHVY) 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.

Turk Hava Yollari AO'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.

Turk Hava Yollari AO'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.


Turk Hava Yollari AO Days Inventory Related Terms

Thank you for viewing the detailed overview of Turk Hava Yollari AO's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Turk Hava Yollari AO (Turk Hava Yollari AO) Business Description

Traded in Other Exchanges
Address
Havaalani Cad. No: 3/1, Genel Yonetim Binasi, 9th Floor, Yesilkoy, Bakirkoy, Istanbul, TUR, 34149
Turk Hava Yollari AO is a Turkish airline operator. It has one of the largest flight networks in the world, and transports passengers to many different regions. Additionally, it can provide long-haul direct cargo flights, and other logistics to serve a diverse range of customers. It has two operating segments: air transportation and aircraft technical maintenance operations. The majority of revenue is generated from transferring passengers and cargo (air transportation segment). The company owns several hangars to perform maintenance on different types of aircraft. Its geographical segments are Asia & Far East, Europe, Americas, Africa, and Middle East.

Turk Hava Yollari AO (Turk Hava Yollari AO) Headlines