Cosmos Yatirim Holding AS (IST:COSMO) Inventory Turnover : 6.16 (As of Dec. 2023)

View and export this data going back to 1995. Start your Free Trial

What is Cosmos Yatirim Holding 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. Cosmos Yatirim Holding AS's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺131.3 Mil. Cosmos Yatirim Holding AS's Average Total Inventories for the quarter that ended in Dec. 2023 was ₺21.3 Mil. Cosmos Yatirim Holding AS's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cosmos Yatirim Holding AS's Days Inventory for the three months ended in Dec. 2023 was 14.82.

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. Cosmos Yatirim Holding AS's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.14.

Cosmos Yatirim Holding AS Inventory Turnover Historical Data

The historical data trend for Cosmos Yatirim Holding 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.

* Premium members only.

Cosmos Yatirim Holding AS Inventory Turnover Chart

Cosmos Yatirim Holding AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

1.45

2.37

1.65

6.09

10.18

Cosmos Yatirim Holding AS Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															6.78	0.70	2.02	3.58	6.16

Cosmos Yatirim Holding AS Inventory Turnover Calculation

Cosmos Yatirim Holding 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 )
=	282.022	/ (	(25.815	+	29.586)	/	2 )
=	282.022	/	27.7005
=	10.18

Cosmos Yatirim Holding AS's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	131.324	/ (	(13.082	+	29.586)	/	2 )
=	131.324	/	21.334
=	6.16

Cosmos Yatirim Holding AS (IST:COSMO) 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.

Cosmos Yatirim Holding AS'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
	=	21.334	/	131.324	*	365 / 4
	=	14.82

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.

Cosmos Yatirim Holding AS's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	21.334	/	156.713
	=	0.14

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.

Cosmos Yatirim Holding AS Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Cosmos Yatirim Holding AS's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Cosmos Yatirim Holding AS (IST:COSMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Cosmos Yatirim Holding AS (IST:COSMO) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Etiler Mah. Yanarsu Sk. No: 44, Dogan Apt. Floor: 2 D: 2, Besiktas, Istanbul, TUR

Website

http://www.cosmosholding.com

Cosmos Yatirim Holding AS is an investment company that operates based on capital market instruments. The company operates in two division namely petroleum and petroleum derivatives products and Purchase and sale of paintings, sculptures and similar art works and commercial activities.

Cosmos Yatirim Holding AS (IST:COSMO) Headlines

No Headlines