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Avrupakent Gayrimenkul Yatirim Ortakligi (IST:AVPGY) Inventory Turnover : 0.57 (As of Sep. 2023)


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What is Avrupakent Gayrimenkul Yatirim Ortakligi 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. Avrupakent Gayrimenkul Yatirim Ortakligi's Cost of Goods Sold for the three months ended in Sep. 2023 was ₺208 Mil. Avrupakent Gayrimenkul Yatirim Ortakligi's Average Total Inventories for the quarter that ended in Sep. 2023 was ₺367 Mil. Avrupakent Gayrimenkul Yatirim Ortakligi's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Avrupakent Gayrimenkul Yatirim Ortakligi's Days Inventory for the three months ended in Sep. 2023 was 160.73.

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. Avrupakent Gayrimenkul Yatirim Ortakligi's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.69.

Avrupakent Gayrimenkul Yatirim Ortakligi Inventory Turnover Historical Data

The historical data trend for Avrupakent Gayrimenkul Yatirim Ortakligi'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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Avrupakent Gayrimenkul Yatirim Ortakligi Inventory Turnover Chart

Avrupakent Gayrimenkul Yatirim Ortakligi Annual Data
Trend Dec20 Dec21 Dec22
Inventory Turnover
627.08 0.20 0.96

Avrupakent Gayrimenkul Yatirim Ortakligi Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23
Inventory Turnover Get a 7-Day Free Trial - - 0.46 - 0.57

Avrupakent Gayrimenkul Yatirim Ortakligi Inventory Turnover Calculation

Avrupakent Gayrimenkul Yatirim Ortakligi'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 )
=1041.189 / ((695.452 + 1474.159) / 2 )
=1041.189 / 1084.8055
=0.96

Avrupakent Gayrimenkul Yatirim Ortakligi'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 )
=208.166 / ((380.081 + 353.267) / 2 )
=208.166 / 366.674
=0.57

* 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.

Avrupakent Gayrimenkul Yatirim Ortakligi  (IST:AVPGY) 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.

Avrupakent Gayrimenkul Yatirim Ortakligi'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
=366.674/208.166*365 / 4
=160.73

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.

Avrupakent Gayrimenkul Yatirim Ortakligi'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 )
=366.674 / 529.385
=0.69

* 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

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.

Avrupakent Gayrimenkul Yatirim Ortakligi Inventory Turnover Related Terms

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Avrupakent Gayrimenkul Yatirim Ortakligi (IST:AVPGY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Avrupakent Gayrimenkul Yatirim Ortakligi (IST:AVPGY) » Definitions » Inventory Turnover
Comparable Companies
Traded in Other Exchanges
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Address
Atakoy 7-8-9-10, Kisim Mah C. Cesme E-5, Yanyol Cad.N.8/2/7, Bakirkoy, Istanbul, TUR
Website
https://www.avrupakentgyo.com
Avrupakent Gayrimenkul Yatirim Ortakligi is a company that has business activities in the fields of real estate development, rental and management. It contains valuable portfolios of the country with its shopping malls, residences and other real estate. It also develops projects and rents or sells operating real estate.

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