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Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS (IST:BRSAN) Days Inventory : 104.59 (As of Mar. 2024)


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What is Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Average Total Inventories for the three months ended in Mar. 2024 was ₺17,226 Mil. Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Cost of Goods Sold for the three months ended in Mar. 2024 was ₺15,028 Mil. Hence, Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Days Inventory for the three months ended in Mar. 2024 was 104.59.

The historical rank and industry rank for Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Days Inventory or its related term are showing as below:

IST:BRSAN' s Days Inventory Range Over the Past 10 Years
Min: 74.12   Med: 104.89   Max: 126.77
Current: 108.97

During the past 13 years, Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's highest Days Inventory was 126.77. The lowest was 74.12. And the median was 104.89.

IST:BRSAN's Days Inventory is ranked worse than
64.52% of 575 companies
in the Steel industry
Industry Median: 85.74 vs IST:BRSAN: 108.97

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Days Inventory increased from Mar. 2023 (103.95) to Mar. 2024 (104.59). It might indicate that Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Inventory Turnover for the three months ended in Mar. 2024 was 0.87.

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. Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.05.


Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Days Inventory Historical Data

The historical data trend for Borusan Birlesik Boru Fabrikalarinayi 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.

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Days Inventory Chart

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret 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 100.47 126.77 111.67 88.22 114.70

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 103.95 139.65 142.03 89.84 104.59

Competitive Comparison of Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Days Inventory

For the Steel subindustry, Borusan Birlesik Boru Fabrikalarinayi 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.


Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Days Inventory falls into.



Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Days Inventory Calculation

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

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret 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
=( (6256.799 + 15795.788) / 2 ) / 35087.591*365
=11026.2935 / 35087.591*365
=114.70

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (15795.788 + 18655.422) / 2 ) / 15028.031*365 / 4
=17225.605 / 15028.031*365 / 4
=104.59

* 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.


Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS  (IST:BRSAN) 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.

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Inventory Turnover for the three months ended in Mar. 2024 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.

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=17225.605 / 16356.463
=1.05

* 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.


Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Days Inventory Related Terms

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


Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS (IST:BRSAN) Business Description

Traded in Other Exchanges
N/A
Address
Meclisi Mebusan Caddesi No. 35 – 37, Salipazari, Istanbul, TUR, 34427
Borusan Birlesik Boru Fabrikalari Sanayi Ve Ticaret AS Formerly Borusan Mannesmann Boru Sanayi ve Ticaret AS is a steel tube and pipes manufacturer. The company's product portfolio includes gas pipes, water pipes, general purpose pipes, OCTG pipes, line pipe, precision tubes, heavy wall welded tubes, first fire protection systems, and easy flow fire protection sprinkler pipes. It provides products for various projects such as The NK1 Oil Pipeline, The Sahdeniz, The Blue Stream, Hungary Gas Pipeline, and TANAP projects. It exports products to various countries in Americas, Europe, Africa and Asia.

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS (IST:BRSAN) Headlines

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