Turkcell Iletisim Hizmetleri AS (Turkcell Iletisim Hizmetleri AS) Inventory Turnover : 26.80 (As of Sep. 2023)

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What is Turkcell Iletisim Hizmetleri AS Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Turkcell Iletisim Hizmetleri AS's Cost of Goods Sold for the three months ended in Sep. 2023 was $579 Mil. Turkcell Iletisim Hizmetleri AS's Average Total Inventories for the quarter that ended in Sep. 2023 was $22 Mil. Turkcell Iletisim Hizmetleri AS's Inventory Turnover for the quarter that ended in Sep. 2023 was 26.80.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Turkcell Iletisim Hizmetleri AS's Days Inventory for the three months ended in Sep. 2023 was 3.41.

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. Turkcell Iletisim Hizmetleri AS's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.02.

Turkcell Iletisim Hizmetleri AS Inventory Turnover Historical Data

The historical data trend for Turkcell Iletisim Hizmetleri AS's Inventory Turnover 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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Turkcell Iletisim Hizmetleri AS Inventory Turnover Chart

Turkcell Iletisim Hizmetleri AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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87.20

90.63

242.07

136.07

113.80

Turkcell Iletisim Hizmetleri AS Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															26.72	83.95	32.01	26.06	26.80

Turkcell Iletisim Hizmetleri AS Inventory Turnover Calculation

Turkcell Iletisim Hizmetleri AS's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	2841.424	/ (	(33.835	+	16.101)	/	2 )
=	2841.424	/	24.968
=	113.80

Turkcell Iletisim Hizmetleri AS's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	579.008	/ (	(21.188	+	22.024)	/	2 )
=	579.008	/	21.606
=	26.80

Turkcell Iletisim Hizmetleri AS (NYSE:TKC) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Turkcell Iletisim Hizmetleri AS's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	21.606	/	579.008	*	365 / 4
	=	3.41

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.

Turkcell Iletisim Hizmetleri AS's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	21.606	/	962.736
	=	0.02

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Turkcell Iletisim Hizmetleri AS Inventory Turnover Related Terms

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Turkcell Iletisim Hizmetleri AS (Turkcell Iletisim Hizmetleri AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Turkcell Iletisim Hizmetleri AS (NYSE:TKC) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

TCELL:Turkey TUL1:Germany TUL1:Germany

Address

Aydinevler Mahallesi Inonu Caddesi No. 20, Kucukyali Ofispark B Blok, Turkcell Kucukyali Plaza, Maltepe, Istanbul, TUR, 34854

Website

https://www.turkcell.com.tr

Turkcell Iletisim Hizmetleri AS provides mobile telephone services in Turkey. The firm provides mobile voice and data services over its global system for mobile communications networks. Currently, Turkcell provides service to subscribers in 208 countries through commercial roaming agreements with operators. Turkcell has 26 million prepaid subscribers and more than 9 million postpaid subscribers. The firm also has investments in Azerbaijan, Georgia, Kazakhstan, Moldova, and Ukraine.