Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS (IST:GOKNR) Days Inventory : 106.28 (As of Sep. 2023)

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What is Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's Average Total Inventories for the three months ended in Sep. 2023 was ₺1,197 Mil. Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's Cost of Goods Sold for the three months ended in Sep. 2023 was ₺1,028 Mil. Hence, Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's Days Inventory for the three months ended in Sep. 2023 was 106.28.

The historical rank and industry rank for Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's Days Inventory or its related term are showing as below:

IST:GOKNR' s Days Inventory Range Over the Past 10 Years
Min: 110.25 Med: 135.9 Max: 172.58
Current: 110.25

During the past 4 years, Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's highest Days Inventory was 172.58. The lowest was 110.25. And the median was 135.90.

IST:GOKNR's Days Inventory is ranked worse than
65.51% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 82.195 vs IST:GOKNR: 110.25

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's Days Inventory declined from Sep. 2022 (141.47) to Sep. 2023 (106.28).

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. Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi 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. Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.84.

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS Days Inventory Historical Data

The historical data trend for Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi 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.

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS Days Inventory Chart

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Inventory

172.58

135.58

136.21

111.02

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial						141.47	107.41	112.79	110.48	106.28

Competitive Comparison of Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's Days Inventory

For the Packaged Foods subindustry, Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi 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.

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's Days Inventory falls into.

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS Days Inventory Calculation

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

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi 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
=	( (659.653	+	1226.447)	/	2 )	/	3100.38	*	365
=	943.05					/	3100.38	*	365
=	111.02

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi 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
=	( (1084.847	+	1309.175)	/	2 )	/	1027.684	*	365 / 4
=	1197.011					/	1027.684	*	365 / 4
=	106.28

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS (IST:GOKNR) 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.

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1027.684	/	1197.011
	=	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.

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1197.011	/	1422.767
	=	0.84

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.

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS Days Inventory Related Terms

Thank you for viewing the detailed overview of Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS (IST:GOKNR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS (IST:GOKNR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Erler Mahallesi 2716. Cadde No:11, Etimesgut, Ankara, TUR

Website

https://www.goknur.com.tr

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS produces packaged food products. The firm's product offerings comprise canned fruits and vegetables, juices, puree concentrate, Dried Seeds, Natural Peel Oils, Natural Fruit FTNF, Fresh Fruits, and deionized products.

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