Sasa Polyesternayi AS (IST:SASA) Inventory Turnover : 1.62 (As of Dec. 2023)

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What is Sasa Polyesternayi 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. Sasa Polyesternayi AS's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺16,545 Mil. Sasa Polyesternayi AS's Average Total Inventories for the quarter that ended in Dec. 2023 was ₺10,191 Mil. Sasa Polyesternayi AS's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sasa Polyesternayi AS's Days Inventory for the three months ended in Dec. 2023 was 56.20.

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. Sasa Polyesternayi AS's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.51.

Sasa Polyesternayi AS Inventory Turnover Historical Data

The historical data trend for Sasa Polyesternayi 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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Sasa Polyesternayi AS Inventory Turnover Chart

Sasa Polyesternayi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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3.73

3.78

4.18

7.72

3.74

Sasa Polyesternayi AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															3.59	0.82	0.64	0.88	1.62

Sasa Polyesternayi AS Inventory Turnover Calculation

Sasa Polyesternayi AS's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	37611.345	/ (	(8757.034	+	11380.817)	/	2 )
=	37611.345	/	10068.9255
=	3.74

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

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	16545.27	/ (	(9000.227	+	11380.817)	/	2 )
=	16545.27	/	10190.522
=	1.62

Sasa Polyesternayi AS (IST:SASA) 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.

Sasa Polyesternayi 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
	=	10190.522	/	16545.27	*	365 / 4
	=	56.20

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.

Sasa Polyesternayi 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 )
	=	10190.522	/	19831.28
	=	0.51

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.

Sasa Polyesternayi AS Inventory Turnover Related Terms

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Sasa Polyesternayi AS (IST:SASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Sasa Polyester Sanayi AS (IST:SASA) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Sarihamzali Mahallesi Turhan Cemal Beriker Bulvari No 559, Seyhan, Adana, TUR, 01355

Website

https://www.sasa.com.tr

Sasa Polyester Sanayi AS is a company engaged in the production and marketing of polyester fiber, yarns and related products, and polyester chips. The company's product portfolio includes specialty polymers and chemicals which consist of thermoplastic polyester elastomers, dimethyl terephthalate, plasticizers, advanced polymers, polybutylene terephthalate solutions, and polyethylene terephthalate solutions. It also provides fiberfill, nonwoven, and textile fibers; and DO, flat, texturing and POY filament yarns. The group generates revenue through the sale of products.

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