Cosmos Yatirim Holding AS (IST:COSMO) Inventory Turnover: 3.14 (As of Sep. 2024)


IST:COSMO Cosmos Yatirim Holding AS IST:COSMO
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Price ₺141.30
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What is Cosmos Yatirim Holding AS Inventory Turnover?

Cosmos Yatirim Holding AS IST:COSMO +0.93% 5 Inventory Turnover is 3.14 as of Sep. 2024. GuruFocus rates IST:COSMO with a GF Score™ of 5/100.

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 Sep. 2024 was ₺151.5 Mil. Cosmos Yatirim Holding AS's Average Total Inventories for the quarter that ended in Sep. 2024 was ₺48.3 Mil. Cosmos Yatirim Holding AS's Inventory Turnover for the quarter that ended in Sep. 2024 was 3.14.

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 Sep. 2024 was 29.10.

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 Sep. 2024 was 0.24.

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 Sep. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=48.3055/151.495*365 / 4
=29.10

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 Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=48.3055 / 204.377
=0.24

* 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.

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

Cosmos Yatirim Holding AS Inventory Turnover Historical Data

* Premium members only.

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.

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 Premium Member Only Premium Member Only 1.45 2.37 1.65 6.09 10.18

Cosmos Yatirim Holding AS Quarterly Data
Sep18 Dec18 Mar19 Jun19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.94 0.43 1.46 2.11 3.14
IST:COSMO
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Cosmos Yatirim Holding AS IST:COSMO
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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 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 )
=151.495 / ((49.343 + 47.268) / 2 )
=151.495 / 48.3055
=3.14

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 3.14 mean?
Cosmos Yatirim Holding AS (IST:COSMO) has a Inventory Turnover of 3.14 as of Sep. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Cosmos Yatirim Holding AS and its competitors.
Is Cosmos Yatirim Holding AS's Inventory Turnover too high?
Cosmos Yatirim Holding AS's current Inventory Turnover is 3.14. Overall, Cosmos Yatirim Holding AS has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Cosmos Yatirim Holding AS's Inventory Turnover compare to BLK and BX?
Cosmos Yatirim Holding AS's Inventory Turnover of 3.14 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for an Asset Management company?
A good Inventory Turnover depends on the Asset Management industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Cosmos Yatirim Holding AS and its competitors. Cosmos Yatirim Holding AS's current Inventory Turnover is 3.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cosmos Yatirim Holding AS stock overvalued right now?
Cosmos Yatirim Holding AS (IST:COSMO) has a current Inventory Turnover of 3.14. The current Inventory Turnover is 3.14. Cosmos Yatirim Holding AS's overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Cosmos Yatirim Holding AS (IST:COSMO), the current Inventory Turnover is 3.14 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cosmos Yatirim Holding AS Business Description

Address Tekstilkent Street A, Block No: 12/B Inner Door No: 161, Oruçreis District, Esenler, Istanbul, TUR
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.
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