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Tupras-Turkiye Petrol Rafineleri AS (IST:TUPRS) Change In Inventory : ₺-4,840 Mil (TTM As of Mar. 2024)


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What is Tupras-Turkiye Petrol Rafineleri AS Change In Inventory?

Tupras-Turkiye Petrol Rafineleri AS's change in inventory for the quarter that ended in Mar. 2024 was ₺-10,978 Mil. It means Tupras-Turkiye Petrol Rafineleri AS's inventory increased by ₺10,978 Mil from Dec. 2023 to Mar. 2024 .

Tupras-Turkiye Petrol Rafineleri AS's change in inventory for the fiscal year that ended in Dec. 2023 was ₺15,614 Mil. It means Tupras-Turkiye Petrol Rafineleri AS's inventory declined by ₺15,614 Mil from Dec. 2022 to Dec. 2023 .

Tupras-Turkiye Petrol Rafineleri AS's Total Inventories for the quarter that ended in Mar. 2024 was ₺62,682 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tupras-Turkiye Petrol Rafineleri AS's Days Inventory for the quarter that ended in Mar. 2024 was 32.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tupras-Turkiye Petrol Rafineleri AS's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.83.

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. Tupras-Turkiye Petrol Rafineleri AS's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.32.


Tupras-Turkiye Petrol Rafineleri AS Change In Inventory Historical Data

The historical data trend for Tupras-Turkiye Petrol Rafineleri 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.

* Premium members only.

Tupras-Turkiye Petrol Rafineleri AS Change In Inventory Chart

Tupras-Turkiye Petrol Rafineleri 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 -2,615.98 1,767.95 -16,056.90 4,168.83 15,614.01

Tupras-Turkiye Petrol Rafineleri 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 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 9,476.74 -12,424.51 -12,721.78 31,283.56 -10,977.61

Tupras-Turkiye Petrol Rafineleri 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 ₺-4,840 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.


Tupras-Turkiye Petrol Rafineleri AS  (IST:TUPRS) Change In Inventory Explanation

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

Tupras-Turkiye Petrol Rafineleri 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
=53724.1165/152298.317*365 / 4
=32.19

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

Tupras-Turkiye Petrol Rafineleri AS's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

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.

Tupras-Turkiye Petrol Rafineleri AS's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=53724.1165 / 165473.042
=0.32

* 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.


Tupras-Turkiye Petrol Rafineleri AS Change In Inventory Related Terms

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Tupras-Turkiye Petrol Rafineleri AS (IST:TUPRS) Business Description

Traded in Other Exchanges
N/A
Address
Guney Mahallesi, Petrol Caddesi No:25, Korfez, Kocaeli, TUR, 41790
Tupras-Turkiye Petrol Rafineleri AS provides and refines crude oil through Turkish and international refineries. It also operates petrochemical factories and facilities. The company's complete line of products includes liquefied petroleum gas(LPG), fuel oil, waxes and extracts, bitumen, and other products. In addition to refining and producing products, the firm engages in the purchase, sell, import, export, store, marketing, and distribution of a variety of petroleum products. Distribution is completed through a network of foreign and domestic wholesalers and retailers. The majority of sales from refineries are domestic.

Tupras-Turkiye Petrol Rafineleri AS (IST:TUPRS) Headlines

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