Ege Endustri ve Ticaret AS (IST:EGEEN) Change In Inventory: ₺101 Mil (TTM As of Dec. 2023)

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IST:EGEEN Ege Endustri ve Ticaret AS IST:EGEEN
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What is Ege Endustri ve Ticaret AS Change In Inventory?

Ege Endustri ve Ticaret AS IST:EGEEN +6.86% 5 Change In Inventory is ₺101 Mil as of Dec. 2023. GuruFocus rates IST:EGEEN with a GF Score™ of 5/100.

Ege Endustri ve Ticaret AS's change in inventory for the quarter that ended in Dec. 2023 was ₺187 Mil. It means Ege Endustri ve Ticaret AS's inventory declined by ₺187 Mil from Sep. 2023 to Dec. 2023 .

Ege Endustri ve Ticaret AS's change in inventory for the fiscal year that ended in Dec. 2023 was ₺101 Mil. It means Ege Endustri ve Ticaret AS's inventory declined by ₺101 Mil from Dec. 2022 to Dec. 2023 .

Ege Endustri ve Ticaret AS's Total Inventories for the quarter that ended in Dec. 2023 was ₺743 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ege Endustri ve Ticaret AS's Days Inventory for the quarter that ended in Dec. 2023 was 47.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ege Endustri ve Ticaret AS's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.92.

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. Ege Endustri ve Ticaret AS's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.41.

Ege Endustri ve Ticaret AS  (IST:EGEEN) Change In Inventory Explanation

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

Ege Endustri 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
=664.338/1278.74*365 / 4
=47.41

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

Ege Endustri 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
=1278.74 / 664.338
=1.92

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.

Ege Endustri 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
=664.338 / 1608.568
=0.41

* 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.

Ege Endustri ve Ticaret AS Change In Inventory Related Terms

Ege Endustri ve Ticaret AS Change In Inventory Historical Data

* Premium members only.

The historical data trend for Ege Endustri 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.

Ege Endustri ve Ticaret AS Change In Inventory Chart

Ege Endustri 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 4.29 5.35 -207.13 90.60 100.77

Ege Endustri ve Ticaret 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 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 358.82 -27.94 29.38 -87.93 187.26
IST:EGEEN
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Ege Endustri ve Ticaret AS IST:EGEEN
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Ege Endustri 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.

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 ₺101 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 ₺101 Mil mean?
Ege Endustri ve Ticaret AS (IST:EGEEN) has a Change In Inventory of ₺101 Mil as of Dec. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Ege Endustri ve Ticaret AS and its competitors.
Is Ege Endustri ve Ticaret AS's Change In Inventory too high?
Ege Endustri ve Ticaret AS's current Change In Inventory is ₺101 Mil. Overall, Ege Endustri ve Ticaret AS has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Ege Endustri ve Ticaret AS's Change In Inventory compare to GPC and MBLY?
Ege Endustri ve Ticaret AS's Change In Inventory of ₺101 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 Ege Endustri ve Ticaret AS and its competitors. Ege Endustri ve Ticaret AS's current Change In Inventory is ₺101 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ege Endustri ve Ticaret AS stock overvalued right now?
Ege Endustri ve Ticaret AS (IST:EGEEN) has a current Change In Inventory of ₺101 Mil. The current Change In Inventory is ₺101 Mil. Ege Endustri 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 Ege Endustri ve Ticaret AS (IST:EGEEN), the current Change In Inventory is ₺101 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.

Ege Endustri ve Ticaret AS Business Description

Address Kemalpaya Street No: 280, Pinarbasi, Izmir, TUR, 35060
Ege Endustri ve Ticaret AS is a Turkey-based axle manufacturer for the automotive industry. The products of the company consist of Fabricated Axle Housing, Rear Axles, Tag Axles, Trailer Axles, Self-Steering Tag Axle and Independent Front Suspension System among others.
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