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Tetamat Gida Yatirimlari Anonim Sirketi (IST:TETMT) Days Inventory : 63.58 (As of Dec. 2023)


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What is Tetamat Gida Yatirimlari Anonim Sirketi Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tetamat Gida Yatirimlari Anonim Sirketi's Average Total Inventories for the six months ended in Dec. 2023 was ₺9.13 Mil. Tetamat Gida Yatirimlari Anonim Sirketi's Cost of Goods Sold for the six months ended in Dec. 2023 was ₺26.19 Mil. Hence, Tetamat Gida Yatirimlari Anonim Sirketi's Days Inventory for the six months ended in Dec. 2023 was 63.58.

The historical rank and industry rank for Tetamat Gida Yatirimlari Anonim Sirketi's Days Inventory or its related term are showing as below:

IST:TETMT' s Days Inventory Range Over the Past 10 Years
Min: 74.47   Med: 140.44   Max: 377.06
Current: 100.92

During the past 12 years, Tetamat Gida Yatirimlari Anonim Sirketi's highest Days Inventory was 377.06. The lowest was 74.47. And the median was 140.44.

IST:TETMT's Days Inventory is ranked worse than
60.75% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 82.035 vs IST:TETMT: 100.92

Tetamat Gida Yatirimlari Anonim Sirketi's Days Inventory increased from Dec. 2022 (52.04) to Dec. 2023 (63.58). It might indicate that Tetamat Gida Yatirimlari Anonim Sirketi's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tetamat Gida Yatirimlari Anonim Sirketi's Inventory Turnover for the six months ended in Dec. 2023 was 2.87.

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. Tetamat Gida Yatirimlari Anonim Sirketi's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.28.


Tetamat Gida Yatirimlari Anonim Sirketi Days Inventory Historical Data

The historical data trend for Tetamat Gida Yatirimlari Anonim Sirketi'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.

Tetamat Gida Yatirimlari Anonim Sirketi Days Inventory Chart

Tetamat Gida Yatirimlari Anonim Sirketi Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 304.77 174.17 87.18 74.47 90.68

Tetamat Gida Yatirimlari Anonim Sirketi Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 88.64 96.09 52.04 190.34 63.58

Competitive Comparison of Tetamat Gida Yatirimlari Anonim Sirketi's Days Inventory

For the Packaged Foods subindustry, Tetamat Gida Yatirimlari Anonim Sirketi'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.


Tetamat Gida Yatirimlari Anonim Sirketi's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tetamat Gida Yatirimlari Anonim Sirketi's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tetamat Gida Yatirimlari Anonim Sirketi's Days Inventory falls into.



Tetamat Gida Yatirimlari Anonim Sirketi Days Inventory Calculation

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

Tetamat Gida Yatirimlari Anonim Sirketi'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
=( (14.418 + 5.153) / 2 ) / 39.386*365
=9.7855 / 39.386*365
=90.68

Tetamat Gida Yatirimlari Anonim Sirketi's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (13.097 + 5.153) / 2 ) / 26.194*365 / 2
=9.125 / 26.194*365 / 2
=63.58

* 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.


Tetamat Gida Yatirimlari Anonim Sirketi  (IST:TETMT) 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.

Tetamat Gida Yatirimlari Anonim Sirketi's Inventory Turnover for the six months ended in Dec. 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.

Tetamat Gida Yatirimlari Anonim Sirketi's Inventory to Revenue for the six months ended in Dec. 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.


Tetamat Gida Yatirimlari Anonim Sirketi Days Inventory Related Terms

Thank you for viewing the detailed overview of Tetamat Gida Yatirimlari Anonim Sirketi's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Tetamat Gida Yatirimlari Anonim Sirketi (IST:TETMT) Business Description

Traded in Other Exchanges
N/A
Address
Mustafa Kemal mah. 2129, Cad. no:6/A Sogutozu, Cankaya, Ankara, TUR
Taze Kuru Gida Sanayi ve Ticaret A.S. provides packaged dried fruits and vegetables. Its products include cinnamon apple, apricots, plums, orange, pineapple, onion, pumpkin, red pepper chubby, wrapped fruit tea and red fruit tea.

Tetamat Gida Yatirimlari Anonim Sirketi (IST:TETMT) Headlines

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