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Yatas Yatak ve Yorgannayi Ticaret AS (IST:YATAS) Inventory Turnover : 0.89 (As of Sep. 2023)


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What is Yatas Yatak ve Yorgannayi 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. Yatas Yatak ve Yorgannayi Ticaret AS's Cost of Goods Sold for the three months ended in Sep. 2023 was ₺1,638 Mil. Yatas Yatak ve Yorgannayi Ticaret AS's Average Total Inventories for the quarter that ended in Sep. 2023 was ₺1,832 Mil. Yatas Yatak ve Yorgannayi Ticaret AS's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yatas Yatak ve Yorgannayi Ticaret AS's Days Inventory for the three months ended in Sep. 2023 was 102.06.

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. Yatas Yatak ve Yorgannayi Ticaret AS's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.75.


Yatas Yatak ve Yorgannayi Ticaret AS Inventory Turnover Historical Data

The historical data trend for Yatas Yatak ve Yorgannayi 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.

* Premium members only.

Yatas Yatak ve Yorgannayi Ticaret AS Inventory Turnover Chart

Yatas Yatak ve Yorgannayi Ticaret AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.92 3.75 3.74 3.65 4.71

Yatas Yatak ve Yorgannayi Ticaret 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 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 1.02 1.14 0.99 1.08 0.89

Yatas Yatak ve Yorgannayi Ticaret AS Inventory Turnover Calculation

Yatas Yatak ve Yorgannayi Ticaret 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 )
=4547.016 / ((668.116 + 1264.076) / 2 )
=4547.016 / 966.096
=4.71

Yatas Yatak ve Yorgannayi Ticaret 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 )
=1637.654 / ((1679.795 + 1983.611) / 2 )
=1637.654 / 1831.703
=0.89

* 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.


Yatas Yatak ve Yorgannayi Ticaret AS  (IST:YATAS) 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.

Yatas Yatak ve Yorgannayi Ticaret 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
=1831.703/1637.654*365 / 4
=102.06

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.

Yatas Yatak ve Yorgannayi Ticaret 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 )
=1831.703 / 2439.806
=0.75

* 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.


Yatas Yatak ve Yorgannayi Ticaret AS Inventory Turnover Related Terms

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Yatas Yatak ve Yorgannayi Ticaret AS (IST:YATAS) Business Description

Traded in Other Exchanges
N/A
Address
Cumhuriyet Mah. Kartal Cad. No: 31, Yakac?k, Istanbul, TUR, 38070
Yatas Yatak ve Yorgan Sanayi Ticaret AS is engaged in the business of manufacturing bedding products, textile accessories, bathroom clothing and accessories, among others.

Yatas Yatak ve Yorgannayi Ticaret AS (IST:YATAS) Headlines

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