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Ulker Biskuvinayi AS (Ulker Biskuvinayi AS) Days Inventory : 38.85 (As of Dec. 2023)


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What is Ulker Biskuvinayi AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ulker Biskuvinayi AS's Average Total Inventories for the three months ended in Dec. 2023 was $268 Mil. Ulker Biskuvinayi AS's Cost of Goods Sold for the three months ended in Dec. 2023 was $629 Mil. Hence, Ulker Biskuvinayi AS's Days Inventory for the three months ended in Dec. 2023 was 38.85.

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

UELKY' s Days Inventory Range Over the Past 10 Years
Min: 37.81   Med: 49.94   Max: 100.49
Current: 65.62

During the past 13 years, Ulker Biskuvinayi AS's highest Days Inventory was 100.49. The lowest was 37.81. And the median was 49.94.

UELKY's Days Inventory is ranked better than
62.3% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.17 vs UELKY: 65.62

Ulker Biskuvinayi AS's Days Inventory increased from Dec. 2022 (23.65) to Dec. 2023 (38.85). It might indicate that Ulker Biskuvinayi AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ulker Biskuvinayi AS's Inventory Turnover for the three months ended in Dec. 2023 was 2.35.

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. Ulker Biskuvinayi AS's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.33.


Ulker Biskuvinayi AS Days Inventory Historical Data

The historical data trend for Ulker Biskuvinayi 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.

Ulker Biskuvinayi AS Days Inventory Chart

Ulker Biskuvinayi 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 50.76 77.95 126.77 58.11 99.69

Ulker Biskuvinayi AS 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 23.65 97.51 94.13 78.42 38.85

Competitive Comparison of Ulker Biskuvinayi AS's Days Inventory

For the Confectioners subindustry, Ulker Biskuvinayi 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.


Ulker Biskuvinayi AS's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ulker Biskuvinayi AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ulker Biskuvinayi AS's Days Inventory falls into.



Ulker Biskuvinayi AS Days Inventory Calculation

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

Ulker Biskuvinayi 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
=( (456.463 + 288.577) / 2 ) / 1363.897*365
=372.52 / 1363.897*365
=99.69

Ulker Biskuvinayi AS'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
=( (246.836 + 288.577) / 2 ) / 628.704*365 / 4
=267.7065 / 628.704*365 / 4
=38.85

* 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.


Ulker Biskuvinayi AS  (OTCPK:UELKY) 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.

Ulker Biskuvinayi AS'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.

Ulker Biskuvinayi AS'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.


Ulker Biskuvinayi AS Days Inventory Related Terms

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


Ulker Biskuvinayi AS (Ulker Biskuvinayi AS) Business Description

Traded in Other Exchanges
Address
Davutpa?a Cad No 10, Topkap?, Istanbul, TUR, 366
Ulker Biskuvi Sanayi AS manufactures biscuits, crackers, chocolate, and cake in its half a dozen production facilities in Turkey. Its major brands include Ulker, Alpella, Halk, Kat Tat, and Karsa. The company also has a financial stake in the Godiva brand. Biscuit sales and chocolate sales each account for more than 40% of the company's total revenue. Substantially all of the remaining revenue is from cake sales. Nearly 90% of the company's total revenue comes from sales in Turkey. The company is a subsidiary of Yildiz Holding.

Ulker Biskuvinayi AS (Ulker Biskuvinayi AS) Headlines

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