Bati Ege Gayrimenkul Yatirim Ortakligi AS (IST:BEGYO) Inventory Turnover : 0.21 (As of Sep. 2024)

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What is Bati Ege Gayrimenkul Yatirim Ortakligi AS 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. Bati Ege Gayrimenkul Yatirim Ortakligi AS's Cost of Goods Sold for the three months ended in Sep. 2024 was ₺170.9 Mil. Bati Ege Gayrimenkul Yatirim Ortakligi AS's Average Total Inventories for the quarter that ended in Sep. 2024 was ₺826.5 Mil. Bati Ege Gayrimenkul Yatirim Ortakligi AS's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bati Ege Gayrimenkul Yatirim Ortakligi AS's Days Inventory for the three months ended in Sep. 2024 was 441.25.

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. Bati Ege Gayrimenkul Yatirim Ortakligi AS's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 3.25.

Bati Ege Gayrimenkul Yatirim Ortakligi AS Inventory Turnover Historical Data

The historical data trend for Bati Ege Gayrimenkul Yatirim Ortakligi AS'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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Bati Ege Gayrimenkul Yatirim Ortakligi AS Inventory Turnover Chart

Bati Ege Gayrimenkul Yatirim Ortakligi AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

0.24

0.26

0.38

0.05

Bati Ege Gayrimenkul Yatirim Ortakligi AS Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial							0.05	0.02	0.01	-	0.21

Bati Ege Gayrimenkul Yatirim Ortakligi AS Inventory Turnover Calculation

Bati Ege Gayrimenkul Yatirim Ortakligi AS's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	18.598	/ (	(160.684	+	545.124)	/	2 )
=	18.598	/	352.904
=	0.05

Bati Ege Gayrimenkul Yatirim Ortakligi AS's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	170.924	/ (	(717.171	+	935.874)	/	2 )
=	170.924	/	826.5225
=	0.21

Bati Ege Gayrimenkul Yatirim Ortakligi AS (IST:BEGYO) 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.

Bati Ege Gayrimenkul Yatirim Ortakligi AS's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	826.5225	/	170.924	*	365 / 4
	=	441.25

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.

Bati Ege Gayrimenkul Yatirim Ortakligi AS's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	826.5225	/	254.187
	=	3.25

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.

Bati Ege Gayrimenkul Yatirim Ortakligi AS Inventory Turnover Related Terms

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Bati Ege Gayrimenkul Yatirim Ortakligi AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Bati Ege Gayrimenkul Yatirim Ortakligi AS (IST:BEGYO) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

Kayalar Mah. 6030, St. Sinpa? AquaCity F1, Blok No.3/13, Ic Kapi No:19 Merkezefendi district, Denizli, TUR

Website

https://batiegegyo.com.tr

Bati Ege Gayrimenkul Yatirim Ortakligi AS is an investment company established to develop new investments in the real estate sector in Denizli and the entire Aegean Region. It has portfolio of projects which are Aquacity Denizli & Aquamall AVM.

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