Celik Halat ve Telnayii AS (IST:CELHA) Inventory Turnover : 1.37 (As of Dec. 2024)

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What is Celik Halat ve Telnayii 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. Celik Halat ve Telnayii AS's Cost of Goods Sold for the three months ended in Dec. 2024 was ₺298 Mil. Celik Halat ve Telnayii AS's Average Total Inventories for the quarter that ended in Dec. 2024 was ₺218 Mil. Celik Halat ve Telnayii AS's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Celik Halat ve Telnayii AS's Days Inventory for the three months ended in Dec. 2024 was 66.81.

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. Celik Halat ve Telnayii AS's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.42.

Celik Halat ve Telnayii AS Inventory Turnover Historical Data

The historical data trend for Celik Halat ve Telnayii 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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Celik Halat ve Telnayii AS Inventory Turnover Chart

Celik Halat ve Telnayii AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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4.06

3.86

10.61

8.88

6.38

Celik Halat ve Telnayii AS Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															2.10	1.29	1.27	2.23	1.37

Celik Halat ve Telnayii AS Inventory Turnover Calculation

Celik Halat ve Telnayii AS's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	1504.689	/ (	(248.834	+	222.917)	/	2 )
=	1504.689	/	235.8755
=	6.38

Celik Halat ve Telnayii AS's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	297.95	/ (	(213.397	+	222.917)	/	2 )
=	297.95	/	218.157
=	1.37

Celik Halat ve Telnayii AS (IST:CELHA) 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.

Celik Halat ve Telnayii AS's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	218.157	/	297.95	*	365 / 4
	=	66.81

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.

Celik Halat ve Telnayii AS's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	218.157	/	516.844
	=	0.42

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.

Celik Halat ve Telnayii AS Inventory Turnover Related Terms

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Celik Halat ve Telnayii AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Celik Halat ve Tel Sanayii AS (IST:CELHA) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Ertugrul Gazi Mahallesi Sehitler Caddesi, No:2 Kartepe, Kocaeli, TUR, 41180

Website

http://www.celikhalat.com.tr

Celik Halat ve Tel Sanayii AS is engaged in manufacturing high carbon wire and steel wire ropes. Its products portfolio includes steel wire ropes consisting of Crane Ropes, Chairlift Ropes, Marine Ropes, Mining Ropes, Elevator Ropes, and special ropes; galvanized wire, bead wire, mechanical spring wire; prestressed concrete strand, concrete strand, and concrete wire. Its products are used in various sectors including mining, construction, tire, bead, energy, fishery and other manufacturing industries. Its products are exported to the USA, Canada, Holland, Romania, Serbia, Spain, Italy and other European Countries, Turkmenistan, Azerbaijan and other Turkic Republics.

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