Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS (IST:HATSN) Days Inventory : 21.42 (As of Sep. 2023)

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What is Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Average Total Inventories for the three months ended in Sep. 2023 was ₺97 Mil. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Cost of Goods Sold for the three months ended in Sep. 2023 was ₺413 Mil. Hence, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Days Inventory for the three months ended in Sep. 2023 was 21.42.

The historical rank and industry rank for Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Days Inventory or its related term are showing as below:

IST:HATSN' s Days Inventory Range Over the Past 10 Years
Min: 27.17 Med: 32.37 Max: 43.58
Current: 39.37

During the past 3 years, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's highest Days Inventory was 43.58. The lowest was 27.17. And the median was 32.37.

IST:HATSN's Days Inventory is ranked better than
86.81% of 288 companies
in the Aerospace & Defense industry
Industry Median: 141.11 vs IST:HATSN: 39.37

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Days Inventory declined from Mar. 2022 (23.81) to Sep. 2023 (21.42).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Inventory Turnover for the three months ended in Sep. 2023 was 4.26.

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. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.16.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Days Inventory Historical Data

The historical data trend for Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret 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.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Days Inventory Chart

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Annual Data

Trend

Dec20

Dec21

Dec22

Days Inventory

43.58

32.37

27.17

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Quarterly Data
	Dec20	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial			23.81	-	38.16	33.41	21.42

Competitive Comparison of Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Days Inventory

For the Aerospace & Defense subindustry, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret 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.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Days Inventory falls into.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Days Inventory Calculation

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

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret 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
=	( (26.831	+	62.203)	/	2 )	/	597.978	*	365
=	44.517					/	597.978	*	365
=	27.17

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret 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: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (105.79	+	87.955)	/	2 )	/	412.772	*	365 / 4
=	96.8725					/	412.772	*	365 / 4
=	21.42

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS (IST:HATSN) 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.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	412.772	/	96.8725
	=	4.26

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.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	96.8725	/	597.423
	=	0.16

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.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Days Inventory Related Terms

Thank you for viewing the detailed overview of Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS (IST:HATSN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Hat San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret AS (IST:HATSN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Florya Cad. Florya Plaza, No: 88/2 Florya, Bakirkoy, Istanbul, TUR, 34153

Website

https://www.hat-san.com.tr

Hat San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret AS is a company engaged in purchase of domestic and foreign shipbuilding facilities, shipyards, hotels, cruise ships and yachts of all tonnages. It also operates in special transformation projects. Extension projects on ships, special project installations related to new machinery, equipment or production, and heavy steel construction works are the expertise of HAT-SAN Shipyard.

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