Tupras-Turkiye Petrol Rafineleri AS (Tupras-Turkiye Petrol Rafineleri AS) Change In Inventory : $491 Mil (TTM As of Dec. 2023)

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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 Dec. 2023 was $1,076 Mil. It means Tupras-Turkiye Petrol Rafineleri AS's inventory declined by $1,076 Mil from Sep. 2023 to Dec. 2023 .

Tupras-Turkiye Petrol Rafineleri AS's change in inventory for the fiscal year that ended in Dec. 2023 was $537 Mil. It means Tupras-Turkiye Petrol Rafineleri AS's inventory declined by $537 Mil from Dec. 2022 to Dec. 2023 .

Tupras-Turkiye Petrol Rafineleri AS's Total Inventories for the quarter that ended in Dec. 2023 was $1,540 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 Dec. 2023 was 17.84.

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 Dec. 2023 was 5.11.

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 Dec. 2023 was 0.17.

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.

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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

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-447.03

229.25

-1,184.34

223.44

536.97

Tupras-Turkiye Petrol Rafineleri 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															847.19	55.94	-169.25	-471.19	1,075.85

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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $491 Mil.

Tupras-Turkiye Petrol Rafineleri AS (OTCPK:TUPRF) 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
	=	1739.443	/	8896.772	*	365 / 4
	=	17.84

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 Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8896.772	/	1739.443
	=	5.11

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 Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1739.443	/	10460.087
	=	0.17

Tupras-Turkiye Petrol Rafineleri AS Change In Inventory Related Terms

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Tupras-Turkiye Petrol Rafineleri AS (Tupras-Turkiye Petrol Rafineleri AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tupras-Turkiye Petrol Rafineleri AS (OTCPK:TUPRF) » Definitions » Change In Inventory

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Traded in Other Exchanges

TUPRS:Turkey

Address

Guney Mahallesi, Petrol Caddesi No:25, Korfez, Kocaeli, TUR, 41790

Website

http://www.tupras.com.tr

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 (Tupras-Turkiye Petrol Rafineleri AS) Headlines

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