Dogu Aras Enerji Yatirimlari A.S. (IST:ARASE) Inventory Turnover : 49.08 (As of Sep. 2022)

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What is Dogu Aras Enerji Yatirimlari A.S. Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Dogu Aras Enerji Yatirimlari A.S.'s Cost of Goods Sold for the three months ended in Sep. 2022 was ₺3,388 Mil. Dogu Aras Enerji Yatirimlari A.S.'s Average Total Inventories for the quarter that ended in Sep. 2022 was ₺69 Mil. Dogu Aras Enerji Yatirimlari A.S.'s Inventory Turnover for the quarter that ended in Sep. 2022 was 49.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dogu Aras Enerji Yatirimlari A.S.'s Days Inventory for the three months ended in Sep. 2022 was 1.86.

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. Dogu Aras Enerji Yatirimlari A.S.'s Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 0.02.

Dogu Aras Enerji Yatirimlari A.S. Inventory Turnover Historical Data

The historical data trend for Dogu Aras Enerji Yatirimlari A.S.'s Inventory Turnover 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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Dogu Aras Enerji Yatirimlari A.S. Inventory Turnover Chart

Dogu Aras Enerji Yatirimlari A.S. Annual Data

Trend

Dec18

Dec19

Dec20

Inventory Turnover

30.81

30.53

42.96

Dogu Aras Enerji Yatirimlari A.S. Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Mar22	Jun22	Sep22
Inventory Turnover	Get a 7-Day Free Trial					21.10	22.32	52.75	52.65	49.08

Dogu Aras Enerji Yatirimlari A.S. Inventory Turnover Calculation

Dogu Aras Enerji Yatirimlari A.S.'s Inventory Turnover for the fiscal year that ended in Dec. 2020 is calculated as

	Inventory Turnover (A: Dec. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2020 )	/ (	(Total Inventories (A: Dec. 2019 )	+	Total Inventories (A: Dec. 2020 ))	/	count )
=	2216.955	/ (	(59.852	+	43.348)	/	2 )
=	2216.955	/	51.6
=	42.96

Dogu Aras Enerji Yatirimlari A.S.'s Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

	Inventory Turnover (Q: Sep. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2022 )	/ (	(Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Sep. 2022 ))	/	count )
=	3388.171	/ (	(65.607	+	72.462)	/	2 )
=	3388.171	/	69.0345
=	49.08

Dogu Aras Enerji Yatirimlari A.S. (IST:ARASE) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Dogu Aras Enerji Yatirimlari A.S.'s Days Inventory for the three months ended in Sep. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2022 )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
	=	69.0345	/	3388.171	*	365 / 4
	=	1.86

2. 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.

Dogu Aras Enerji Yatirimlari A.S.'s Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2022 )	/	Revenue (Q: Sep. 2022 )
	=	69.0345	/	3657.86
	=	0.02

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Dogu Aras Enerji Yatirimlari A.S. Inventory Turnover Related Terms

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Dogu Aras Enerji Yatirimlari A.S. (IST:ARASE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Dogu Aras Enerji Yatirimlari A.S. (IST:ARASE) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sukrupasa Mahallesi Susam Sok. Gamaoglu Yavuz Selim, Sitesi C-Block Six No: 1/A , Yakutiye, Erzurum, TUR

Website

https://www.doguaras.com

Dogu Aras Enerji Yatirimlari A.S. operates in the energy distribution and energy retail sectors.

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