Derluks Yatirim Holding AS (IST:DERHL) Days Inventory : 50.47 (As of Sep. 2023)

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What is Derluks Yatirim Holding AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Derluks Yatirim Holding AS's Average Total Inventories for the three months ended in Sep. 2023 was ₺169 Mil. Derluks Yatirim Holding AS's Cost of Goods Sold for the three months ended in Sep. 2023 was ₺305 Mil. Hence, Derluks Yatirim Holding AS's Days Inventory for the three months ended in Sep. 2023 was 50.47.

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

IST:DERHL' s Days Inventory Range Over the Past 10 Years
Min: 43.86 Med: 48.76 Max: 85.82
Current: 48.72

During the past 7 years, Derluks Yatirim Holding AS's highest Days Inventory was 85.82. The lowest was 43.86. And the median was 48.76.

IST:DERHL's Days Inventory is ranked better than
86.21% of 1015 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.14 vs IST:DERHL: 48.72

Derluks Yatirim Holding AS's Days Inventory increased from Sep. 2022 (37.30) to Sep. 2023 (50.47). It might indicate that Derluks Yatirim Holding AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Derluks Yatirim Holding AS's Inventory Turnover for the three months ended in Sep. 2023 was 1.81.

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. Derluks Yatirim Holding AS's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.47.

Derluks Yatirim Holding AS Days Inventory Historical Data

The historical data trend for Derluks Yatirim Holding 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.

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Derluks Yatirim Holding AS Days Inventory Chart

Derluks Yatirim Holding AS Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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46.43

48.76

50.16

44.56

43.86

Derluks Yatirim Holding 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															37.30	42.82	44.84	48.52	50.47

Competitive Comparison of Derluks Yatirim Holding AS's Days Inventory

For the Apparel Manufacturing subindustry, Derluks Yatirim Holding 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.

Derluks Yatirim Holding AS's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Derluks Yatirim Holding AS's Days Inventory falls into.

Derluks Yatirim Holding AS Days Inventory Calculation

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

Derluks Yatirim Holding 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
=	( (41.277	+	87.925)	/	2 )	/	537.576	*	365
=	64.601					/	537.576	*	365
=	43.86

Derluks Yatirim Holding 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
=	( (132.945	+	204.796)	/	2 )	/	305.295	*	365 / 4
=	168.8705					/	305.295	*	365 / 4
=	50.47

Derluks Yatirim Holding AS (IST:DERHL) 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.

Derluks Yatirim Holding AS's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	305.295	/	168.8705
	=	1.81

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.

Derluks Yatirim Holding AS's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	168.8705	/	359.465
	=	0.47

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.

Derluks Yatirim Holding AS Days Inventory Related Terms

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

Derluks Yatirim Holding AS (IST:DERHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Derluks Yatirim Holding AS (IST:DERHL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kazlicesme Mahallesi, Demirhane Caddesi, Haci Resit Bey Sokak No:11, Istanbul, TUR, 34020

Website

http://www.derluksleather.com

Derluks Yatirim Holding AS is a Turkey-based company focused on the leather industry. It is involved in manufacturing, buying, selling, importing, and exporting leather garments, leather accessories used in products for men, women, and children.

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