Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS) Days Inventory : 106.68 (As of Sep. 2023)

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What is Alfa Solar Enerjinayi Ve Ticaret AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alfa Solar Enerjinayi Ve Ticaret AS's Average Total Inventories for the three months ended in Sep. 2023 was ₺1,325 Mil. Alfa Solar Enerjinayi Ve Ticaret AS's Cost of Goods Sold for the three months ended in Sep. 2023 was ₺1,134 Mil. Hence, Alfa Solar Enerjinayi Ve Ticaret AS's Days Inventory for the three months ended in Sep. 2023 was 106.68.

The historical rank and industry rank for Alfa Solar Enerjinayi Ve Ticaret AS's Days Inventory or its related term are showing as below:

IST:ALFAS' s Days Inventory Range Over the Past 10 Years
Min: 21.43 Med: 50.07 Max: 83.78
Current: 82

During the past 4 years, Alfa Solar Enerjinayi Ve Ticaret AS's highest Days Inventory was 83.78. The lowest was 21.43. And the median was 50.07.

IST:ALFAS's Days Inventory is ranked better than
71.05% of 943 companies
in the Semiconductors industry
Industry Median: 130.22 vs IST:ALFAS: 82.00

Alfa Solar Enerjinayi Ve Ticaret AS's Days Inventory increased from Sep. 2022 (60.85) to Sep. 2023 (106.68). It might indicate that Alfa Solar Enerjinayi Ve Ticaret AS's sales slowed down.

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. Alfa Solar Enerjinayi Ve Ticaret AS's Inventory Turnover for the three months ended in Sep. 2023 was 0.86.

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. Alfa Solar Enerjinayi Ve Ticaret AS's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.81.

Alfa Solar Enerjinayi Ve Ticaret AS Days Inventory Historical Data

The historical data trend for Alfa Solar Enerjinayi 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.

Alfa Solar Enerjinayi Ve Ticaret AS Days Inventory Chart

Alfa Solar Enerjinayi Ve Ticaret AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Inventory

21.43

38.84

83.78

61.30

Alfa Solar Enerjinayi Ve Ticaret AS Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial						60.85	47.18	47.09	79.45	106.68

Competitive Comparison of Alfa Solar Enerjinayi Ve Ticaret AS's Days Inventory

For the Solar subindustry, Alfa Solar Enerjinayi 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.

Alfa Solar Enerjinayi Ve Ticaret AS's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Alfa Solar Enerjinayi Ve Ticaret AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Alfa Solar Enerjinayi Ve Ticaret AS's Days Inventory falls into.

Alfa Solar Enerjinayi Ve Ticaret AS Days Inventory Calculation

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

Alfa Solar Enerjinayi 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
=	( (133.116	+	476.279)	/	2 )	/	1814.316	*	365
=	304.6975					/	1814.316	*	365
=	61.30

Alfa Solar Enerjinayi 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: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (1215.892	+	1434.778)	/	2 )	/	1133.644	*	365 / 4
=	1325.335					/	1133.644	*	365 / 4
=	106.68

Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS) 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.

Alfa Solar Enerjinayi 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
	=	1133.644	/	1325.335
	=	0.86

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.

Alfa Solar Enerjinayi 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
	=	1325.335	/	1640.868
	=	0.81

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.

Alfa Solar Enerjinayi Ve Ticaret AS Days Inventory Related Terms

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

Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Alfa Solar Enerji Sanayi Ve Ticaret AS (IST:ALFAS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Balgat Mahallesi Mevlana Boulevard, No 139/A, Floor 9, Apartment No: 31, Yelken Plaza, Cankaya, Ankara, TUR

Website

https://www.alfasolarenerji.com

Alfa Solar Enerji Sanayi Ve Ticaret AS engages in the manufacturing of photovoltaic (PV) panels in an ultra-modern facility. Its product portfolio comprises Polycrystalline Panels, Monocrystalline Panels, and half-cut panels.

Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS) Headlines

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