GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Izmir Firca Sanayi ve Ticaret AS (IST:IZFAS) » Definitions » Total Inventories

Izmir Fircanayi ve Ticaret AS (IST:IZFAS) Total Inventories : ₺46.1 Mil (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Izmir Fircanayi ve Ticaret AS Total Inventories?

Izmir Fircanayi ve Ticaret AS's total inventories for the quarter that ended in Dec. 2023 was ₺46.1 Mil. Izmir Fircanayi ve Ticaret AS's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was ₺40.3 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Izmir Fircanayi ve Ticaret AS's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₺-0.98.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Izmir Fircanayi ve Ticaret AS's Days Inventory for the three months ended in Dec. 2023 was 41.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. Izmir Fircanayi ve Ticaret AS's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.21.

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. Izmir Fircanayi ve Ticaret AS's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.31.


Izmir Fircanayi ve Ticaret AS Total Inventories Historical Data

The historical data trend for Izmir Fircanayi ve Ticaret AS's Total Inventories 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.

Izmir Fircanayi ve Ticaret AS Total Inventories Chart

Izmir Fircanayi ve Ticaret AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only 21.25 21.66 33.90 83.09 46.09

Izmir Fircanayi ve Ticaret AS Quarterly Data
Sep14 Dec14 Jun15 Sep15 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories 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 83.09 47.38 42.86 34.50 46.09

Izmir Fircanayi ve Ticaret AS Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Izmir Fircanayi ve Ticaret AS  (IST:IZFAS) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Izmir Fircanayi ve Ticaret AS's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.191+0.75 * 32.954+0.5 * 46.093-106.798
-0-0.854)/59.0625
=-0.98

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

Izmir Fircanayi ve Ticaret AS's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=40.2945/89.179*365 / 4
=41.23

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Izmir Fircanayi ve Ticaret AS's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=89.179 / 40.2945
=2.21

4. 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.

Izmir Fircanayi ve Ticaret AS's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=40.2945 / 131.643
=0.31

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Izmir Fircanayi ve Ticaret AS Total Inventories Related Terms

Thank you for viewing the detailed overview of Izmir Fircanayi ve Ticaret AS's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Izmir Fircanayi ve Ticaret AS (IST:IZFAS) Business Description

Traded in Other Exchanges
N/A
Address
10006. Sokak, No: 18 AOSB ZIP, Karsiyaka, Istanbul, TUR, 35620
Izmir Firca Sanayi ve Ticaret A.S. provides products used in construction and cleaning the area for domestic and international market. The Company's products include bucket, cloth, stairs, brush, roll, garden cleaner and skerkel paint brush.

Izmir Fircanayi ve Ticaret AS (IST:IZFAS) Headlines

No Headlines