Eminis Ambalajnayi Ve Ticaret AS (IST:EMNIS) Inventory Turnover : 1.83 (As of Mar. 2022)

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What is Eminis Ambalajnayi Ve Ticaret 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. Eminis Ambalajnayi Ve Ticaret AS's Cost of Goods Sold for the three months ended in Mar. 2022 was ₺28.5 Mil. Eminis Ambalajnayi Ve Ticaret AS's Average Total Inventories for the quarter that ended in Mar. 2022 was ₺15.6 Mil. Eminis Ambalajnayi Ve Ticaret AS's Inventory Turnover for the quarter that ended in Mar. 2022 was 1.83.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Eminis Ambalajnayi Ve Ticaret AS's Days Inventory for the three months ended in Mar. 2022 was 49.94.

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. Eminis Ambalajnayi Ve Ticaret AS's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 0.41.

Eminis Ambalajnayi Ve Ticaret AS Inventory Turnover Historical Data

The historical data trend for Eminis Ambalajnayi Ve Ticaret 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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Eminis Ambalajnayi Ve Ticaret AS Inventory Turnover Chart

Eminis Ambalajnayi Ve Ticaret AS Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Inventory Turnover

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8.85

9.12

6.30

5.99

6.58

Eminis Ambalajnayi Ve Ticaret AS Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Inventory Turnover	Get a 7-Day Free Trial															1.81	1.65	1.32	1.45	1.83

Eminis Ambalajnayi Ve Ticaret AS Inventory Turnover Calculation

Eminis Ambalajnayi Ve Ticaret AS's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Inventory Turnover (A: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2021 )	/ (	(Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )
=	73.082	/ (	(9.107	+	13.103)	/	2 )
=	73.082	/	11.105
=	6.58

Eminis Ambalajnayi Ve Ticaret AS's Inventory Turnover for the quarter that ended in Mar. 2022 is calculated as

	Inventory Turnover (Q: Mar. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2022 )	/ (	(Total Inventories (Q: Dec. 2021 )	+	Total Inventories (Q: Mar. 2022 ))	/	count )
=	28.456	/ (	(13.103	+	18.045)	/	2 )
=	28.456	/	15.574
=	1.83

Eminis Ambalajnayi Ve Ticaret AS (IST:EMNIS) 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.

Eminis Ambalajnayi Ve Ticaret AS's Days Inventory for the three months ended in Mar. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2022 )	/	Cost of Goods Sold (Q: Mar. 2022 )	*	Days in Period
	=	15.574	/	28.456	*	365 / 4
	=	49.94

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.

Eminis Ambalajnayi Ve Ticaret AS's Inventory to Revenue for the quarter that ended in Mar. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2022 )	/	Revenue (Q: Mar. 2022 )
	=	15.574	/	37.677
	=	0.41

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.

Eminis Ambalajnayi Ve Ticaret AS Inventory Turnover Related Terms

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Eminis Ambalajnayi Ve Ticaret AS (IST:EMNIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Eminis Ambalaj Sanayi Ve Ticaret AS (IST:EMNIS) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dilovasi Organized Industrial Zone, Part 1, Kisim D-1003 Sokak No: 4, Dilovasi, Kocaeli, TUR, 41455

Website

http://www.eminisambalaj.com

Eminis Ambalaj Sanayi Ve Ticaret AS manufactures metal and plastic containers. The company serves paint, chemical, food industries, Olive, Seasoning, Powder Beverage, and Cosmetic Industry. Its plastic products include industrial, round, angular and metal box.

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