Akfen Yenilenebilir Enerji (IST:AKFYE) Days Inventory : 0.10 (As of Dec. 2023)

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What is Akfen Yenilenebilir Enerji Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Akfen Yenilenebilir Enerji's Average Total Inventories for the three months ended in Dec. 2023 was ₺1 Mil. Akfen Yenilenebilir Enerji's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺1,043 Mil. Hence, Akfen Yenilenebilir Enerji's Days Inventory for the three months ended in Dec. 2023 was 0.10.

The historical rank and industry rank for Akfen Yenilenebilir Enerji's Days Inventory or its related term are showing as below:

IST:AKFYE' s Days Inventory Range Over the Past 10 Years
Min: 0.15 Med: 0.52 Max: 1.67
Current: 0.19

During the past 5 years, Akfen Yenilenebilir Enerji's highest Days Inventory was 1.67. The lowest was 0.15. And the median was 0.52.

IST:AKFYE's Days Inventory is ranked better than
99.08% of 327 companies
in the Utilities - Independent Power Producers industry
Industry Median: 30.41 vs IST:AKFYE: 0.19

Akfen Yenilenebilir Enerji's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2023 (0.10). It might indicate that Akfen Yenilenebilir Enerji's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Akfen Yenilenebilir Enerji's Inventory Turnover for the three months ended in Dec. 2023 was 921.93.

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. Akfen Yenilenebilir Enerji's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Akfen Yenilenebilir Enerji Days Inventory Historical Data

The historical data trend for Akfen Yenilenebilir Enerji'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.

Akfen Yenilenebilir Enerji Days Inventory Chart

Akfen Yenilenebilir Enerji Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

1.67

0.85

0.52

0.15

0.19

Akfen Yenilenebilir Enerji Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial							-	-	-	-	0.10

Competitive Comparison of Akfen Yenilenebilir Enerji's Days Inventory

For the Utilities - Renewable subindustry, Akfen Yenilenebilir Enerji'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.

Akfen Yenilenebilir Enerji's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Akfen Yenilenebilir Enerji's Days Inventory distribution charts can be found below:

* The bar in red indicates where Akfen Yenilenebilir Enerji's Days Inventory falls into.

Akfen Yenilenebilir Enerji Days Inventory Calculation

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

Akfen Yenilenebilir Enerji'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	+	1.131)	/	1 )	/	2162.99	*	365
=	1.131					/	2162.99	*	365
=	0.19

Akfen Yenilenebilir Enerji'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
=	( (0	+	1.131)	/	1 )	/	1042.698	*	365 / 4
=	1.131					/	1042.698	*	365 / 4
=	0.10

Akfen Yenilenebilir Enerji (IST:AKFYE) 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.

Akfen Yenilenebilir Enerji's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1042.698	/	1.131
	=	921.93

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.

Akfen Yenilenebilir Enerji's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.131	/	1907.188
	=	0.00

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.

Akfen Yenilenebilir Enerji Days Inventory Related Terms

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

Akfen Yenilenebilir Enerji (IST:AKFYE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Akfen Yenilenebilir Enerji (IST:AKFYE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Turan Gunes Bulvar? Galip Erdem Caddesi, No:3, Ilkbahar Mahallesi, Cankaya, Ankara, TUR

Website

https://www.akfenren.com.tr

Akfen Yenilenebilir Enerji operates as a renewable energy company. The company generates and trades electricity through renewable energy power plants such as hydroelectric power plant facilities, Solar Power Plants, and Wind Power Plants.

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