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Bossa Ticaret VEnayi Isletmeleri TAS (IST:BOSSA) Days Inventory : 105.93 (As of Jun. 2023)


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What is Bossa Ticaret VEnayi Isletmeleri TAS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bossa Ticaret VEnayi Isletmeleri TAS's Average Total Inventories for the three months ended in Jun. 2023 was ₺805 Mil. Bossa Ticaret VEnayi Isletmeleri TAS's Cost of Goods Sold for the three months ended in Jun. 2023 was ₺693 Mil. Hence, Bossa Ticaret VEnayi Isletmeleri TAS's Days Inventory for the three months ended in Jun. 2023 was 105.93.

The historical rank and industry rank for Bossa Ticaret VEnayi Isletmeleri TAS's Days Inventory or its related term are showing as below:

IST:BOSSA' s Days Inventory Range Over the Past 10 Years
Min: 65.4   Med: 100.32   Max: 126.42
Current: 71.62

During the past 13 years, Bossa Ticaret VEnayi Isletmeleri TAS's highest Days Inventory was 126.42. The lowest was 65.40. And the median was 100.32.

IST:BOSSA's Days Inventory is ranked better than
76.95% of 1011 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.14 vs IST:BOSSA: 71.62

Bossa Ticaret VEnayi Isletmeleri TAS's Days Inventory increased from Jun. 2022 (104.66) to Jun. 2023 (105.93). It might indicate that Bossa Ticaret VEnayi Isletmeleri TAS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bossa Ticaret VEnayi Isletmeleri TAS's Inventory Turnover for the three months ended in Jun. 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. Bossa Ticaret VEnayi Isletmeleri TAS's Inventory-to-Revenue for the three months ended in Jun. 2023 was 0.87.


Bossa Ticaret VEnayi Isletmeleri TAS Days Inventory Historical Data

The historical data trend for Bossa Ticaret VEnayi Isletmeleri TAS'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.

Bossa Ticaret VEnayi Isletmeleri TAS Days Inventory Chart

Bossa Ticaret VEnayi Isletmeleri TAS 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 85.21 126.42 115.49 65.40 101.03

Bossa Ticaret VEnayi Isletmeleri TAS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 119.83 29.81 134.60 105.93 -

Competitive Comparison of Bossa Ticaret VEnayi Isletmeleri TAS's Days Inventory

For the Textile Manufacturing subindustry, Bossa Ticaret VEnayi Isletmeleri TAS'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.


Bossa Ticaret VEnayi Isletmeleri TAS's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bossa Ticaret VEnayi Isletmeleri TAS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Bossa Ticaret VEnayi Isletmeleri TAS's Days Inventory falls into.



Bossa Ticaret VEnayi Isletmeleri TAS Days Inventory Calculation

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

Bossa Ticaret VEnayi Isletmeleri TAS'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
=( (1249.974 + 1045.262) / 2 ) / 4146.254*365
=1147.618 / 4146.254*365
=101.03

Bossa Ticaret VEnayi Isletmeleri TAS's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (721.881 + 887.544) / 2 ) / 693.162*365 / 4
=804.7125 / 693.162*365 / 4
=105.93

* 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.


Bossa Ticaret VEnayi Isletmeleri TAS  (IST:BOSSA) 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.

Bossa Ticaret VEnayi Isletmeleri TAS's Inventory Turnover for the three months ended in Jun. 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.

Bossa Ticaret VEnayi Isletmeleri TAS's Inventory to Revenue for the three months ended in Jun. 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.


Bossa Ticaret VEnayi Isletmeleri TAS Days Inventory Related Terms

Thank you for viewing the detailed overview of Bossa Ticaret VEnayi Isletmeleri TAS's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Bossa Ticaret VEnayi Isletmeleri TAS (IST:BOSSA) Business Description

Traded in Other Exchanges
N/A
Address
Celal Bayar Bul. No:3, Hac? Sabanc? Organize Sanayi Bölgesi Ac?dere OSB Mah, Adana, TUR, 01410
Bossa Ticaret VE Sanayi Isletmeleri TAS is a Turkish based company, engages in the manufacture, market, and sale of fabrics and textile products. Its products include denim and sportswear for formal and smart casual wear and shirting fabrics, including dyed, printed and yarn-dyed clothing and cotton, polyester, nylon, linen, silk and wool blends. It manufactures and markets its finished fabrics through spinning, weaving and dying processes and exports its products to domestic market and overseas market.

Bossa Ticaret VEnayi Isletmeleri TAS (IST:BOSSA) Headlines

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