Luks Kadife Ticaret Ve Ssanayii AS (IST:LUKSK) Change In Inventory : ₺-21.5 Mil (TTM As of Mar. 2024)

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What is Luks Kadife Ticaret Ve Ssanayii AS Change In Inventory?

Luks Kadife Ticaret Ve Ssanayii AS's change in inventory for the quarter that ended in Mar. 2024 was ₺-13.5 Mil. It means Luks Kadife Ticaret Ve Ssanayii AS's inventory increased by ₺13.5 Mil from Dec. 2023 to Mar. 2024 .

Luks Kadife Ticaret Ve Ssanayii AS's change in inventory for the fiscal year that ended in Dec. 2023 was ₺-8.4 Mil. It means Luks Kadife Ticaret Ve Ssanayii AS's inventory increased by ₺8.4 Mil from Dec. 2022 to Dec. 2023 .

Luks Kadife Ticaret Ve Ssanayii AS's Total Inventories for the quarter that ended in Mar. 2024 was ₺75.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Luks Kadife Ticaret Ve Ssanayii AS's Days Inventory for the quarter that ended in Mar. 2024 was 114.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. Luks Kadife Ticaret Ve Ssanayii AS's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.80.

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. Luks Kadife Ticaret Ve Ssanayii AS's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.74.

Luks Kadife Ticaret Ve Ssanayii AS Change In Inventory Historical Data

The historical data trend for Luks Kadife Ticaret Ve Ssanayii 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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Luks Kadife Ticaret Ve Ssanayii AS Change In Inventory Chart

Luks Kadife Ticaret Ve Ssanayii AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-1.06

-3.14

-15.74

-14.96

-8.35

Luks Kadife Ticaret Ve Ssanayii 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															-0.34	-5.00	-8.61	5.60	-13.45

Luks Kadife Ticaret Ve Ssanayii 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 ₺-21.5 Mil.

Luks Kadife Ticaret Ve Ssanayii AS (IST:LUKSK) Change In Inventory Explanation

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

Luks Kadife Ticaret Ve Ssanayii 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
	=	68.5535	/	54.785	*	365 / 4
	=	114.18

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

Luks Kadife Ticaret Ve Ssanayii AS's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	54.785	/	68.5535
	=	0.80

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.

Luks Kadife Ticaret Ve Ssanayii AS's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	68.5535	/	93.155
	=	0.74

Luks Kadife Ticaret Ve Ssanayii AS Change In Inventory Related Terms

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Luks Kadife Ticaret Ve Ssanayii AS (IST:LUKSK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Luks Kadife Ticaret Ve Ssanayii AS (IST:LUKSK) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Merter Is Merkezi Maltepe Mh. General, Ali Riza Gurcan Cd, Eski Cirpici Sk. No 2, Kat 9 Merter, Istanbul, TUR

Website

http://www.lukskadife.com.tr

Luks Kadife Ticaret Ve Ssanayii AS is engaged in the manufacturing and distribution of various kinds of Velvet fabrics for Garment, Upholstery, Curtain and Decoration. It exports its 40 percent of the capacity to U.S.A., Germany, France and Italy among others.

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