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Vakif Gayrimenkul Yatirim Ortakligi AS (IST:VKGYO) Days Inventory : 608.04 (As of Dec. 2023)


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What is Vakif Gayrimenkul Yatirim Ortakligi AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vakif Gayrimenkul Yatirim Ortakligi AS's Average Total Inventories for the three months ended in Dec. 2023 was ₺4,293 Mil. Vakif Gayrimenkul Yatirim Ortakligi AS's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺644 Mil. Hence, Vakif Gayrimenkul Yatirim Ortakligi AS's Days Inventory for the three months ended in Dec. 2023 was 608.04.

The historical rank and industry rank for Vakif Gayrimenkul Yatirim Ortakligi AS's Days Inventory or its related term are showing as below:

IST:VKGYO' s Days Inventory Range Over the Past 10 Years
Min: 30.5   Med: 1452.92   Max: 64296.71
Current: 1517.85

During the past 13 years, Vakif Gayrimenkul Yatirim Ortakligi AS's highest Days Inventory was 64296.71. The lowest was 30.50. And the median was 1452.92.

IST:VKGYO's Days Inventory is ranked worse than
88.51% of 148 companies
in the REITs industry
Industry Median: 109.01 vs IST:VKGYO: 1517.85

Vakif Gayrimenkul Yatirim Ortakligi AS's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2023 (608.04). It might indicate that Vakif Gayrimenkul Yatirim Ortakligi 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. Vakif Gayrimenkul Yatirim Ortakligi AS's Inventory Turnover for the three months ended in Dec. 2023 was 0.15.

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. Vakif Gayrimenkul Yatirim Ortakligi AS's Inventory-to-Revenue for the three months ended in Dec. 2023 was 4.16.


Vakif Gayrimenkul Yatirim Ortakligi AS Days Inventory Historical Data

The historical data trend for Vakif Gayrimenkul Yatirim Ortakligi 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.

Vakif Gayrimenkul Yatirim Ortakligi AS Days Inventory Chart

Vakif Gayrimenkul Yatirim Ortakligi 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 1,535.85 1,273.67 3,908.53 30.50 1,452.92

Vakif Gayrimenkul Yatirim Ortakligi 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 - 64,987.00 146,566.14 223,266.65 608.04

Competitive Comparison of Vakif Gayrimenkul Yatirim Ortakligi AS's Days Inventory

For the REIT - Diversified subindustry, Vakif Gayrimenkul Yatirim Ortakligi 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.


Vakif Gayrimenkul Yatirim Ortakligi AS's Days Inventory Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Vakif Gayrimenkul Yatirim Ortakligi AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Vakif Gayrimenkul Yatirim Ortakligi AS's Days Inventory falls into.



Vakif Gayrimenkul Yatirim Ortakligi AS Days Inventory Calculation

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

Vakif Gayrimenkul Yatirim Ortakligi 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
=( (0.183 + 5163.063) / 2 ) / 648.551*365
=2581.623 / 648.551*365
=1,452.92

Vakif Gayrimenkul Yatirim Ortakligi 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
=( (3422.787 + 5163.063) / 2 ) / 644.245*365 / 4
=4292.925 / 644.245*365 / 4
=608.04

* 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.


Vakif Gayrimenkul Yatirim Ortakligi AS  (IST:VKGYO) 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.

Vakif Gayrimenkul Yatirim Ortakligi 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.

Vakif Gayrimenkul Yatirim Ortakligi 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.


Vakif Gayrimenkul Yatirim Ortakligi AS Days Inventory Related Terms

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


Vakif Gayrimenkul Yatirim Ortakligi AS (IST:VKGYO) Business Description

Traded in Other Exchanges
N/A
Address
Serifali Mah. Bayraktar, Boulevard No: 62 Umraniye, Istanbul, TUR
Vakif Gayrimenkul Yatirim Ortakligi AS is a real estate investment trust. The company invests in real estate, capital market instruments based on real estate, buildings, land, projects based on real estates, usufruct rights established on real estate and rental income. It leases and rents commercial and office buildings in Ankara and Istanbul. Its projects include Istanbul international finance center project, Bizimtepe aydos project, and maltepe housing project.

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