Ford Otomotivnayi AS (Ford Otomotivnayi AS) Change In Inventory : $-321 Mil (TTM As of Dec. 2023)

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What is Ford Otomotivnayi AS Change In Inventory?

Ford Otomotivnayi AS's change in inventory for the quarter that ended in Dec. 2023 was $326 Mil. It means Ford Otomotivnayi AS's inventory declined by $326 Mil from Sep. 2023 to Dec. 2023 .

Ford Otomotivnayi AS's change in inventory for the fiscal year that ended in Dec. 2023 was $-209 Mil. It means Ford Otomotivnayi AS's inventory increased by $209 Mil from Dec. 2022 to Dec. 2023 .

Ford Otomotivnayi AS's Total Inventories for the quarter that ended in Dec. 2023 was $1,009 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ford Otomotivnayi AS's Days Inventory for the quarter that ended in Dec. 2023 was 16.84.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ford Otomotivnayi AS's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.42.

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. Ford Otomotivnayi AS's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.16.

Ford Otomotivnayi AS Change In Inventory Historical Data

The historical data trend for Ford Otomotivnayi AS's Change In Inventory 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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Ford Otomotivnayi AS Change In Inventory Chart

Ford Otomotivnayi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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4.36

-81.56

-208.09

-128.09

-209.46

Ford Otomotivnayi AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															220.50	-189.48	-117.51	-339.74	325.55

Ford Otomotivnayi AS Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-321 Mil.

Ford Otomotivnayi AS (OTCPK:FOVSY) Change In Inventory Explanation

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

Ford Otomotivnayi AS's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1049.23	/	5686.01	*	365 / 4
	=	16.84

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

Ford Otomotivnayi AS's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5686.01	/	1049.23
	=	5.42

3. 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.

Ford Otomotivnayi AS's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1049.23	/	6394.657
	=	0.16

Ford Otomotivnayi AS Change In Inventory Related Terms

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Ford Otomotivnayi AS (Ford Otomotivnayi AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ford Otomotiv Sanayi AS (OTCPK:FOVSY) » Definitions » Change In Inventory

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Traded in Other Exchanges

FROTO:Turkey

Address

Akpmar Mahallesi, Hasan Basri Caddessi, Sancaktepe, Istanbul, TUR

Website

http://www.fordotosan.com.tr

Ford Otomotiv Sanayi AS is an automobile manufacturing company domiciled in Turkey. The company principally manufactures, imports, and distributes passenger vehicles, commercial vehicles, and spare parts and accessories under the Ford brand. The company organises itself into four segments, based on product type: passenger cars, light commercial vehicles, medium commercial vehicles, and trucks. Geographically, domestic sales are most significant, and constitute more than a third of consolidated revenue, followed by England and Germany.

Ford Otomotivnayi AS (Ford Otomotivnayi AS) Headlines

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Q4 2023 Ford Otomotiv Sanayi AS Earnings Call Transcript

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