Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) Change In Inventory : ₺147 Mil (TTM As of Dec. 2024)

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What is Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Change In Inventory?

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's change in inventory for the quarter that ended in Dec. 2024 was ₺105 Mil. It means Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's inventory declined by ₺105 Mil from Sep. 2024 to Dec. 2024 .

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's change in inventory for the fiscal year that ended in Dec. 2024 was ₺147 Mil. It means Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's inventory declined by ₺147 Mil from Dec. 2023 to Dec. 2024 .

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Total Inventories for the quarter that ended in Dec. 2024 was ₺112 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Days Inventory for the quarter that ended in Dec. 2024 was 19.98.

Inventory Turnover measures how fast the company turns over its inventory within a year. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Inventory Turnover for the quarter that ended in Dec. 2024 was 4.57.

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. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.17.

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Change In Inventory Historical Data

The historical data trend for Forte Bilgi Iletisim Teknolojileri Vevunmanayi 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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Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Change In Inventory Chart

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

-86.92

-7.97

146.86

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Inventory	Get a 7-Day Free Trial								-67.17	-5.81	50.94	-3.06	104.79

Forte Bilgi Iletisim Teknolojileri Vevunmanayi 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺147 Mil.

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) Change In Inventory Explanation

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

Forte Bilgi Iletisim Teknolojileri Vevunmanayi 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
	=	156.719	/	715.746	*	365 / 4
	=	19.98

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

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	715.746	/	156.719
	=	4.57

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.

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	156.719	/	946.085
	=	0.17

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Change In Inventory Related Terms

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Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Forte Bilgi Iletisim Teknolojileri Ve Savunma Sanayi AS (IST:FORTE) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mustafa Kemal Neighbourhood 2123. Street, Cepa Site Shopping Center No:2/501 Cankaya, Ankara, TUR

Website

https://www.forte.com.tr

Forte Bilgi Iletisim Teknolojileri Ve Savunma Sanayi AS operates in the fields of system integration and software development. It offers system infrastructure, system integration, software development, consultancy, and Technical Documentation Authoring, Material Coding, and Technical Services.

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