Sanica Isinayi AS (IST:SNICA) Days Inventory : 203.95 (As of Dec. 2023)

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What is Sanica Isinayi AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sanica Isinayi AS's Average Total Inventories for the three months ended in Dec. 2023 was ₺1,048 Mil. Sanica Isinayi AS's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺469 Mil. Hence, Sanica Isinayi AS's Days Inventory for the three months ended in Dec. 2023 was 203.95.

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

IST:SNICA' s Days Inventory Range Over the Past 10 Years
Min: 118.1 Med: 246.86 Max: 272.92
Current: 196.4

During the past 5 years, Sanica Isinayi AS's highest Days Inventory was 272.92. The lowest was 118.10. And the median was 246.86.

IST:SNICA's Days Inventory is ranked worse than
86.6% of 403 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.35 vs IST:SNICA: 196.40

Sanica Isinayi AS's Days Inventory increased from Dec. 2022 (54.37) to Dec. 2023 (203.95). It might indicate that Sanica Isinayi 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. Sanica Isinayi AS's Inventory Turnover for the three months ended in Dec. 2023 was 0.45.

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. Sanica Isinayi AS's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.11.

Sanica Isinayi AS Days Inventory Historical Data

The historical data trend for Sanica Isinayi 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.

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Sanica Isinayi AS Days Inventory Chart

Sanica Isinayi AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

255.28

246.86

221.71

118.10

272.92

Sanica Isinayi AS Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial							54.37	225.16	156.72	133.12	203.95

Competitive Comparison of Sanica Isinayi AS's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Sanica Isinayi 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.

Sanica Isinayi AS's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Sanica Isinayi AS's Days Inventory falls into.

Sanica Isinayi AS Days Inventory Calculation

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

Sanica Isinayi 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
=	( (780.027	+	1420.118)	/	2 )	/	1471.2	*	365
=	1100.0725					/	1471.2	*	365
=	272.92

Sanica Isinayi 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
=	( (676.739	+	1420.118)	/	2 )	/	469.085	*	365 / 4
=	1048.4285					/	469.085	*	365 / 4
=	203.95

Sanica Isinayi AS (IST:SNICA) 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.

Sanica Isinayi AS's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	469.085	/	1048.4285
	=	0.45

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.

Sanica Isinayi AS's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1048.4285	/	946.756
	=	1.11

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.

Sanica Isinayi AS Days Inventory Related Terms

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

Sanica Isinayi AS (IST:SNICA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Sanica Isi Sanayi AS (IST:SNICA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kavakl? Mah Istanbul Cad. No: 10, Istanbul, TUR, 34520

Website

https://www.sanicaisi.com.tr

Sanica Isi Sanayi AS engages in manufacturing fabricated metal products, machinery electrical equipment, and transportation vehicles. It is a manufacturer of acrylic bathtubs and also produces bathrooms, spas, heat, plumbing, glass, and infrastructure. It offers electric housewares, acrylic bathtubs, boilers, panel radiators, and towel warmers.

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