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Sonmez Pamuklunayii AS (IST:SNPAM) Days Inventory : 24.56 (As of Dec. 2023)


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What is Sonmez Pamuklunayii AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sonmez Pamuklunayii AS's Average Total Inventories for the three months ended in Dec. 2023 was ₺71.5 Mil. Sonmez Pamuklunayii AS's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺265.8 Mil. Hence, Sonmez Pamuklunayii AS's Days Inventory for the three months ended in Dec. 2023 was 24.56.

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

IST:SNPAM' s Days Inventory Range Over the Past 10 Years
Min: 28.86   Med: 77.6   Max: 98.8
Current: 50.45

During the past 13 years, Sonmez Pamuklunayii AS's highest Days Inventory was 98.80. The lowest was 28.86. And the median was 77.60.

IST:SNPAM's Days Inventory is ranked better than
85.71% of 1001 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.24 vs IST:SNPAM: 50.45

Sonmez Pamuklunayii AS's Days Inventory increased from Dec. 2022 (15.99) to Dec. 2023 (24.56). It might indicate that Sonmez Pamuklunayii AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sonmez Pamuklunayii AS's Inventory Turnover for the three months ended in Dec. 2023 was 3.72.

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. Sonmez Pamuklunayii AS's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.30.


Sonmez Pamuklunayii AS Days Inventory Historical Data

The historical data trend for Sonmez Pamuklunayii 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.

Sonmez Pamuklunayii AS Days Inventory Chart

Sonmez Pamuklunayii 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 81.07 95.14 54.44 28.86 51.86

Sonmez Pamuklunayii 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 15.99 71.29 77.56 96.08 24.56

Competitive Comparison of Sonmez Pamuklunayii AS's Days Inventory

For the Textile Manufacturing subindustry, Sonmez Pamuklunayii 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.


Sonmez Pamuklunayii AS's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sonmez Pamuklunayii AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sonmez Pamuklunayii AS's Days Inventory falls into.



Sonmez Pamuklunayii AS Days Inventory Calculation

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

Sonmez Pamuklunayii 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
=( (65.266 + 72.535) / 2 ) / 484.95*365
=68.9005 / 484.95*365
=51.86

Sonmez Pamuklunayii 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
=( (70.527 + 72.535) / 2 ) / 265.801*365 / 4
=71.531 / 265.801*365 / 4
=24.56

* 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.


Sonmez Pamuklunayii AS  (IST:SNPAM) 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.

Sonmez Pamuklunayii 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.

Sonmez Pamuklunayii 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.


Sonmez Pamuklunayii AS Days Inventory Related Terms

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


Sonmez Pamuklunayii AS (IST:SNPAM) Business Description

Traded in Other Exchanges
N/A
Address
1476 Sokak No:2, Aksoy Residence Kat:13 D:42, Alsancak, Izmir, TUR
Sonmez Pamuklu Sanayii AS is engaged in the manufacture and marketing of cotton, cotton type artificial and synthetic yarns and circular-knit fabrics, as well as in fabric dyeing.

Sonmez Pamuklunayii AS (IST:SNPAM) Headlines

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