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Innosa Teknoloji AS (IST:INTEK) Days Inventory : 21.09 (As of Dec. 2023)


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What is Innosa Teknoloji AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Innosa Teknoloji AS's Average Total Inventories for the six months ended in Dec. 2023 was ₺3.78 Mil. Innosa Teknoloji AS's Cost of Goods Sold for the six months ended in Dec. 2023 was ₺32.69 Mil. Hence, Innosa Teknoloji AS's Days Inventory for the six months ended in Dec. 2023 was 21.09.

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

IST:INTEK' s Days Inventory Range Over the Past 10 Years
Min: 25.44   Med: 225.79   Max: 320.03
Current: 25.44

During the past 13 years, Innosa Teknoloji AS's highest Days Inventory was 320.03. The lowest was 25.44. And the median was 225.79.

IST:INTEK's Days Inventory is ranked worse than
55.24% of 1564 companies
in the Software industry
Industry Median: 18.81 vs IST:INTEK: 25.44

Innosa Teknoloji AS's Days Inventory declined from Dec. 2022 (26.87) to Dec. 2023 (21.09).

Inventory Turnover measures how fast the company turns over its inventory within a year. Innosa Teknoloji AS's Inventory Turnover for the six months ended in Dec. 2023 was 8.65.

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. Innosa Teknoloji AS's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.10.


Innosa Teknoloji AS Days Inventory Historical Data

The historical data trend for Innosa Teknoloji 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.

Innosa Teknoloji AS Days Inventory Chart

Innosa Teknoloji 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 320.03 213.57 241.73 41.35 29.17

Innosa Teknoloji AS Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 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 265.37 193.68 26.87 32.49 21.09

Competitive Comparison of Innosa Teknoloji AS's Days Inventory

For the Software - Application subindustry, Innosa Teknoloji 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.


Innosa Teknoloji AS's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Innosa Teknoloji AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Innosa Teknoloji AS's Days Inventory falls into.



Innosa Teknoloji AS Days Inventory Calculation

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

Innosa Teknoloji 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
=( (1.183 + 5.497) / 2 ) / 41.787*365
=3.34 / 41.787*365
=29.17

Innosa Teknoloji AS'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
=( (2.057 + 5.497) / 2 ) / 32.688*365 / 2
=3.777 / 32.688*365 / 2
=21.09

* 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.


Innosa Teknoloji AS  (IST:INTEK) 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.

Innosa Teknoloji AS'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.

Innosa Teknoloji AS'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.


Innosa Teknoloji AS Days Inventory Related Terms

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


Innosa Teknoloji AS Business Description

Traded in Other Exchanges
N/A
Address
Metropol Istanbul A Block, No:219, Atasehir, Istanbull, TUR
Innosa Teknoloji AS is a software company established to develop projects for medium and large-scale institutions in the IT sector. It is focusing on the corporate market, the company provides services in software development, artificial intelligence, consultancy, special project development, system and database support.

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