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Sekuro Plastik Ambalajnayi AS (IST:SEKUR) Days Inventory : 81.73 (As of Sep. 2023)


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What is Sekuro Plastik Ambalajnayi AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sekuro Plastik Ambalajnayi AS's Average Total Inventories for the three months ended in Sep. 2023 was ₺155.3 Mil. Sekuro Plastik Ambalajnayi AS's Cost of Goods Sold for the three months ended in Sep. 2023 was ₺173.4 Mil. Hence, Sekuro Plastik Ambalajnayi AS's Days Inventory for the three months ended in Sep. 2023 was 81.73.

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

IST:SEKUR' s Days Inventory Range Over the Past 10 Years
Min: 51.83   Med: 77.21   Max: 127.62
Current: 109.92

During the past 9 years, Sekuro Plastik Ambalajnayi AS's highest Days Inventory was 127.62. The lowest was 51.83. And the median was 77.21.

IST:SEKUR's Days Inventory is ranked worse than
69.32% of 365 companies
in the Packaging & Containers industry
Industry Median: 77.88 vs IST:SEKUR: 109.92

Sekuro Plastik Ambalajnayi AS's Days Inventory declined from Sep. 2022 (123.84) to Sep. 2023 (81.73).

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. Sekuro Plastik Ambalajnayi AS's Inventory Turnover for the three months ended in Sep. 2023 was 1.12.

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. Sekuro Plastik Ambalajnayi AS's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.79.


Sekuro Plastik Ambalajnayi AS Days Inventory Historical Data

The historical data trend for Sekuro Plastik Ambalajnayi 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.

Sekuro Plastik Ambalajnayi AS Days Inventory Chart

Sekuro Plastik Ambalajnayi AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only 62.50 61.51 51.83 76.35 77.21

Sekuro Plastik Ambalajnayi 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 123.84 109.12 117.03 159.07 81.73

Competitive Comparison of Sekuro Plastik Ambalajnayi AS's Days Inventory

For the Packaging & Containers subindustry, Sekuro Plastik Ambalajnayi 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.


Sekuro Plastik Ambalajnayi AS's Days Inventory Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Sekuro Plastik Ambalajnayi AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sekuro Plastik Ambalajnayi AS's Days Inventory falls into.



Sekuro Plastik Ambalajnayi AS Days Inventory Calculation

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

Sekuro Plastik Ambalajnayi 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
=( (78.536 + 135.031) / 2 ) / 504.811*365
=106.7835 / 504.811*365
=77.21

Sekuro Plastik Ambalajnayi 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
=( (171.391 + 139.3) / 2 ) / 173.43*365 / 4
=155.3455 / 173.43*365 / 4
=81.73

* 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.


Sekuro Plastik Ambalajnayi AS  (IST:SEKUR) 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.

Sekuro Plastik Ambalajnayi 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.

Sekuro Plastik Ambalajnayi 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.


Sekuro Plastik Ambalajnayi AS Days Inventory Related Terms

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


Sekuro Plastik Ambalajnayi AS (IST:SEKUR) Business Description

Traded in Other Exchanges
N/A
Address
Ekinciler Cad. Elbistan Sok., Sas Plaza No: 10 Kat: 3 D: 9, Kavac?k-Beykoz, Istanbul, TUR
Sekuro Plastik Ambalaj Sanayi A.S. is engaged in the manufacturing of food packaging products. The company's products include Bubble package, Plain PE film and Lamination PE film.

Sekuro Plastik Ambalajnayi AS (IST:SEKUR) Headlines

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