Balatacilar Balataciliknayi ve Ticaret AS (IST:BALAT) Change In Inventory: ₺5.51 Mil (TTM As of Dec. 2023)

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IST:BALAT Balatacilar Balatacilik Sanayi ve Ticaret AS IST:BALAT
5 GF Score
Price ₺70.00
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What is Balatacilar Balataciliknayi ve Ticaret AS Change In Inventory?

Balatacilar Balataciliknayi ve Ticaret AS IST:BALAT -3.71% 5 Change In Inventory is ₺5.51 Mil as of Dec. 2023. GuruFocus rates IST:BALAT with a GF Score™ of 5/100.

Balatacilar Balataciliknayi ve Ticaret AS's change in inventory for the quarter that ended in Dec. 2023 was ₺5.51 Mil. It means Balatacilar Balataciliknayi ve Ticaret AS's inventory declined by ₺5.51 Mil from Dec. 2022 to Dec. 2023 .

Balatacilar Balataciliknayi ve Ticaret AS's change in inventory for the fiscal year that ended in Dec. 2023 was ₺5.51 Mil. It means Balatacilar Balataciliknayi ve Ticaret AS's inventory declined by ₺5.51 Mil from Dec. 2022 to Dec. 2023 .

Balatacilar Balataciliknayi ve Ticaret AS's Total Inventories for the quarter that ended in Dec. 2023 was ₺7.41 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Balatacilar Balataciliknayi ve Ticaret AS's Days Inventory for the quarter that ended in Dec. 2023 was 84.83.

Inventory Turnover measures how fast the company turns over its inventory within a year. Balatacilar Balataciliknayi ve Ticaret AS's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.15.

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. Balatacilar Balataciliknayi ve Ticaret AS's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.69.

Balatacilar Balataciliknayi ve Ticaret AS  (IST:BALAT) Change In Inventory Explanation

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

Balatacilar Balataciliknayi ve Ticaret 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
=10.2285/22.005*365 / 2
=84.83

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

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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=22.005 / 10.2285
=2.15

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=10.2285 / 14.765
=0.69

* 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.

Balatacilar Balataciliknayi ve Ticaret AS Change In Inventory Related Terms

Balatacilar Balataciliknayi ve Ticaret AS Change In Inventory Historical Data

* Premium members only.

The historical data trend for Balatacilar Balataciliknayi ve Ticaret 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.

Balatacilar Balataciliknayi ve Ticaret AS Change In Inventory Chart

Balatacilar Balataciliknayi ve Ticaret AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -0.52 7.43 -4.54 5.51

Balatacilar Balataciliknayi ve Ticaret AS Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory 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 0.00 -0.52 7.43 -4.54 5.51
IST:BALAT
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Balatacilar Balatacilik Sanayi ve Ticaret AS IST:BALAT
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Balatacilar Balataciliknayi ve Ticaret AS Change In Inventory Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 was ₺5.51 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of ₺5.51 Mil mean?
Balatacilar Balataciliknayi ve Ticaret AS (IST:BALAT) has a Change In Inventory of ₺5.51 Mil as of Dec. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Balatacilar Balataciliknayi ve Ticaret AS and its competitors.
Is Balatacilar Balataciliknayi ve Ticaret AS's Change In Inventory too high?
Balatacilar Balataciliknayi ve Ticaret AS's current Change In Inventory is ₺5.51 Mil. Overall, Balatacilar Balataciliknayi ve Ticaret AS has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Balatacilar Balataciliknayi ve Ticaret AS's Change In Inventory compare to ORLY and AZO?
Balatacilar Balataciliknayi ve Ticaret AS's Change In Inventory of ₺5.51 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Vehicles & Parts company?
A good Change In Inventory depends on the Vehicles & Parts industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Balatacilar Balataciliknayi ve Ticaret AS and its competitors. Balatacilar Balataciliknayi ve Ticaret AS's current Change In Inventory is ₺5.51 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balatacilar Balataciliknayi ve Ticaret AS stock overvalued right now?
Balatacilar Balataciliknayi ve Ticaret AS (IST:BALAT) has a current Change In Inventory of ₺5.51 Mil. The current Change In Inventory is ₺5.51 Mil. Balatacilar Balataciliknayi ve Ticaret AS's overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Balatacilar Balataciliknayi ve Ticaret AS (IST:BALAT), the current Change In Inventory is ₺5.51 Mil as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Balatacilar Balataciliknayi ve Ticaret AS Business Description

Address Daire 708, Gumruk Is Merkezi, No.38, Cumhuriyet Bulvari, Konak Mahallesi, Izmir, TUR
Balatacilar Balatacilik Sanayi ve Ticaret AS is engaged in the production of friction materials. Its products include disc brake pads, brake linings, and fiber clutch.
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