Izmir Demir Celiknayi AS (IST:IZMDC) Change In Inventory : ₺590 Mil (TTM As of Mar. 2024)

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What is Izmir Demir Celiknayi AS Change In Inventory?

Izmir Demir Celiknayi AS's change in inventory for the quarter that ended in Mar. 2024 was ₺413 Mil. It means Izmir Demir Celiknayi AS's inventory declined by ₺413 Mil from Dec. 2023 to Mar. 2024 .

Izmir Demir Celiknayi AS's change in inventory for the fiscal year that ended in Dec. 2023 was ₺31 Mil. It means Izmir Demir Celiknayi AS's inventory declined by ₺31 Mil from Dec. 2022 to Dec. 2023 .

Izmir Demir Celiknayi AS's Total Inventories for the quarter that ended in Mar. 2024 was ₺6,267 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Izmir Demir Celiknayi AS's Days Inventory for the quarter that ended in Mar. 2024 was 63.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. Izmir Demir Celiknayi AS's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.45.

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. Izmir Demir Celiknayi AS's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.71.

Izmir Demir Celiknayi AS Change In Inventory Historical Data

The historical data trend for Izmir Demir Celiknayi 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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Izmir Demir Celiknayi AS Change In Inventory Chart

Izmir Demir Celiknayi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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105.89

-129.87

-869.62

-643.99

30.90

Izmir Demir Celiknayi AS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-146.64	-975.29	-999.42	2,152.25	412.95

Izmir Demir Celiknayi 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺590 Mil.

Izmir Demir Celiknayi AS (IST:IZMDC) Change In Inventory Explanation

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

Izmir Demir Celiknayi 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
	=	6136.658	/	8879.809	*	365 / 4
	=	63.06

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

Izmir Demir Celiknayi AS's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8879.809	/	6136.658
	=	1.45

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.

Izmir Demir Celiknayi AS's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6136.658	/	8683.046
	=	0.71

Izmir Demir Celiknayi AS Change In Inventory Related Terms

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Izmir Demir Celiknayi AS (IST:IZMDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Izmir Demir Celik Sanayi AS (IST:IZMDC) » Definitions » Change In Inventory

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Traded in Other Exchanges

N/A

Address

?air E?ref Bulvar? No. 23, Çankaya, Izmir, TUR, 35210

Website

http://www.izdemir.com.tr

Izmir Demir Celik Sanayi AS is a steel producer based in Turkey. The company produces steel products which include iron blocks, iron rods, and iron beams for various application and sells it to the Turkish and international markets. The production is carried out at the Foca plant in Aliaga. The firm also engages in making investments in power plant and maritime business, owning three ships totally through its subsidiaries.

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