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Altinyag Kombinalari AS (IST:ALMAD) Days Inventory : 0.34 (As of Sep. 2023)


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What is Altinyag Kombinalari AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Altinyag Kombinalari AS's Average Total Inventories for the three months ended in Sep. 2023 was ₺0.1 Mil. Altinyag Kombinalari AS's Cost of Goods Sold for the three months ended in Sep. 2023 was ₺25.7 Mil. Hence, Altinyag Kombinalari AS's Days Inventory for the three months ended in Sep. 2023 was 0.34.

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

IST:ALMAD' s Days Inventory Range Over the Past 10 Years
Min: 0.24   Med: 16.84   Max: 62.67
Current: 0.24

During the past 12 years, Altinyag Kombinalari AS's highest Days Inventory was 62.67. The lowest was 0.24. And the median was 16.84.

IST:ALMAD's Days Inventory is ranked better than
98.26% of 115 companies
in the Other Energy Sources industry
Industry Median: 31.06 vs IST:ALMAD: 0.24

Altinyag Kombinalari AS's Days Inventory increased from Sep. 2022 (0.28) to Sep. 2023 (0.34). It might indicate that Altinyag Kombinalari AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Altinyag Kombinalari AS's Inventory Turnover for the three months ended in Sep. 2023 was 269.40.

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. Altinyag Kombinalari AS's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.00.


Altinyag Kombinalari AS Days Inventory Historical Data

The historical data trend for Altinyag Kombinalari 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.

Altinyag Kombinalari AS Days Inventory Chart

Altinyag Kombinalari AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.59 62.67 10.91 2.50 0.32

Altinyag Kombinalari AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.28 0.21 0.22 0.18 0.34

Competitive Comparison of Altinyag Kombinalari AS's Days Inventory

For the Thermal Coal subindustry, Altinyag Kombinalari 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.


Altinyag Kombinalari AS's Days Inventory Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Altinyag Kombinalari AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Altinyag Kombinalari AS's Days Inventory falls into.



Altinyag Kombinalari AS Days Inventory Calculation

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

Altinyag Kombinalari AS's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0 + 0.079) / 1 ) / 91.045*365
=0.079 / 91.045*365
=0.32

Altinyag Kombinalari AS's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0.07 + 0.121) / 2 ) / 25.728*365 / 4
=0.0955 / 25.728*365 / 4
=0.34

* 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.


Altinyag Kombinalari AS  (IST:ALMAD) 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.

Altinyag Kombinalari AS's Inventory Turnover for the three months ended in Sep. 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.

Altinyag Kombinalari AS's Inventory to Revenue for the three months ended in Sep. 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.


Altinyag Kombinalari AS Days Inventory Related Terms

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


Altinyag Kombinalari AS (IST:ALMAD) Business Description

Traded in Other Exchanges
N/A
Address
Ataturk OSB, Sk Number 7, Izmir, Cigli, TUR, 10035
Altinyag Kombinalari AS is a Turkey-based company engaged in producing vegetable oils from various seeds including Canola Seed, Linseed, Camelina Sativa Seed, Soy Bean Seed, and Sunflower Seed among others. The products of the company consist of Crude Oil, Semi-Refined Vegetable Oil, Fully Refined Vegetable Oil, Vegetable Oil Mixtures and Soap Stock.

Altinyag Kombinalari AS (IST:ALMAD) Headlines

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