CLK Holding AS (IST:CLKHO) Inventory Turnover : 6.91 (As of Jun. 2013)

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What is CLK Holding 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. CLK Holding AS's Cost of Goods Sold for the three months ended in Jun. 2013 was ₺30.39 Mil. CLK Holding AS's Average Total Inventories for the quarter that ended in Jun. 2013 was ₺4.40 Mil. CLK Holding AS's Inventory Turnover for the quarter that ended in Jun. 2013 was 6.91.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CLK Holding AS's Days Inventory for the three months ended in Jun. 2013 was 13.20.

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. CLK Holding AS's Inventory-to-Revenue for the quarter that ended in Jun. 2013 was 0.13.

CLK Holding AS Inventory Turnover Historical Data

The historical data trend for CLK Holding 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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CLK Holding AS Inventory Turnover Chart

CLK Holding AS Annual Data

Trend

Dec10

Dec11

Dec12

Inventory Turnover

1.44

2.81

CLK Holding AS Quarterly Data
	Mar10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13
Inventory Turnover	Get a 7-Day Free Trial							0.67	0.84	1.26	0.64	6.91

CLK Holding AS Inventory Turnover Calculation

CLK Holding AS's Inventory Turnover for the fiscal year that ended in Dec. 2012 is calculated as

	Inventory Turnover (A: Dec. 2012 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2012 )	/ (	(Total Inventories (A: Dec. 2011 )	+	Total Inventories (A: Dec. 2012 ))	/	count )
=	8.524	/ (	(3.288	+	2.773)	/	2 )
=	8.524	/	3.0305
=	2.81

CLK Holding AS's Inventory Turnover for the quarter that ended in Jun. 2013 is calculated as

	Inventory Turnover (Q: Jun. 2013 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2013 )	/ (	(Total Inventories (Q: Mar. 2013 )	+	Total Inventories (Q: Jun. 2013 ))	/	count )
=	30.393	/ (	(3.752	+	5.043)	/	2 )
=	30.393	/	4.3975
=	6.91

CLK Holding AS (IST:CLKHO) 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.

CLK Holding AS's Days Inventory for the three months ended in Jun. 2013 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2013 )	/	Cost of Goods Sold (Q: Jun. 2013 )	*	Days in Period
	=	4.3975	/	30.393	*	365 / 4
	=	13.20

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.

CLK Holding AS's Inventory to Revenue for the quarter that ended in Jun. 2013 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2013 )	/	Revenue (Q: Jun. 2013 )
	=	4.3975	/	35.034
	=	0.13

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.

CLK Holding AS Inventory Turnover Related Terms

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CLK Holding AS (IST:CLKHO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » CLK Holding AS (IST:CLKHO) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pelitlikoyu Merkez Mahallesi, Beynova Sokak, No: 20 Gebze, Kocaeli, Istanbul, TUR

Website

http://www.karkim.com

CLK Holding AS is a Turkey-based drilling fluids chemical supplier. The company is engaged in the trade, production, engineering, and research and development of drilling fluids. Its products include sub-groups as construction chemicals, special mortar admixtures, cement based water sealing, heat insulation adhesives, glazed tile and ceramic adhesives, joint sealants, repair mortars, floor covering and concrete admixtures.

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