Turk Hava Yollari AO (Turk Hava Yollari AO) Inventory-to-Revenue : 0.16 (As of Dec. 2023)

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What is Turk Hava Yollari AO Inventory-to-Revenue?

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. Turk Hava Yollari AO's Average Total Inventories for the quarter that ended in Dec. 2023 was $394 Mil. Turk Hava Yollari AO's Revenue for the three months ended in Dec. 2023 was $2,399 Mil. Turk Hava Yollari AO's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.16.

Turk Hava Yollari AO's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.06) to Sep. 2023 (0.16)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Turk Hava Yollari AO's Days Inventory for the three months ended in Dec. 2023 was 16.84.

Inventory Turnover measures how fast the company turns over its inventory within a year. Turk Hava Yollari AO's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.42.

Turk Hava Yollari AO Inventory-to-Revenue Historical Data

The historical data trend for Turk Hava Yollari AO's Inventory-to-Revenue 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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Turk Hava Yollari AO Inventory-to-Revenue Chart

Turk Hava Yollari AO Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.02

0.05

0.04

0.02

Turk Hava Yollari AO Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory-to-Revenue	Get a 7-Day Free Trial															0.10	0.08	0.07	0.06	0.16

Competitive Comparison of Turk Hava Yollari AO's Inventory-to-Revenue

For the Airlines subindustry, Turk Hava Yollari AO's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Turk Hava Yollari AO's Inventory-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Turk Hava Yollari AO's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Turk Hava Yollari AO's Inventory-to-Revenue falls into.

Turk Hava Yollari AO Inventory-to-Revenue Calculation

Turk Hava Yollari AO's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (A: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )
=	( (332.094	+	423.377)	/	2 )	/	17346.299
=	377.7355					/	17346.299
=	0.02

Turk Hava Yollari AO's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (Q: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (365.247	+	423.377)	/	2 )	/	2398.971
=	394.312					/	2398.971
=	0.16

Turk Hava Yollari AO (OTCPK:TKHVY) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Turk Hava Yollari AO's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	394.312	/	2136.915	*	365 / 4
	=	16.84

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

Turk Hava Yollari AO's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	2136.915	/	394.312
	=	5.42

Turk Hava Yollari AO Inventory-to-Revenue Related Terms

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Turk Hava Yollari AO (Turk Hava Yollari AO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Turk Hava Yollari AO (OTCPK:TKHVY) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

THYAO:Turkey TU5A:Germany

Address

Havaalani Cad. No: 3/1, Genel Yonetim Binasi, 9th Floor, Yesilkoy, Bakirkoy, Istanbul, TUR, 34149

Website

https://www.turkishairlines.com

Turk Hava Yollari AO is a Turkish airline operator. It has one of the largest flight networks in the world, and transports passengers to many different regions. Additionally, it can provide long-haul direct cargo flights, and other logistics to serve a diverse range of customers. It has two operating segments: air transportation and aircraft technical maintenance operations. The majority of revenue is generated from transferring passengers and cargo (air transportation segment). The company owns several hangars to perform maintenance on different types of aircraft. Its geographical segments are Asia & Far East, Europe, Americas, Africa, and Middle East.