Dardanel Onentas Gidanayi AS (IST:DARDL) Inventory Turnover : 8.81 (As of Dec. 2022)

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What is Dardanel Onentas Gidanayi 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. Dardanel Onentas Gidanayi AS's Cost of Goods Sold for the six months ended in Dec. 2022 was ₺2,183 Mil. Dardanel Onentas Gidanayi AS's Average Total Inventories for the quarter that ended in Dec. 2022 was ₺248 Mil. Dardanel Onentas Gidanayi AS's Inventory Turnover for the quarter that ended in Dec. 2022 was 8.81.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dardanel Onentas Gidanayi AS's Days Inventory for the six months ended in Dec. 2022 was 20.72.

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. Dardanel Onentas Gidanayi AS's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.09.

Dardanel Onentas Gidanayi AS Inventory Turnover Historical Data

The historical data trend for Dardanel Onentas Gidanayi 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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Dardanel Onentas Gidanayi AS Inventory Turnover Chart

Dardanel Onentas Gidanayi AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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14.90

13.86

18.25

9.73

8.81

Dardanel Onentas Gidanayi AS Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Inventory Turnover	Get a 7-Day Free Trial									14.90	13.86	18.25	9.73	8.81

Dardanel Onentas Gidanayi AS Inventory Turnover Calculation

Dardanel Onentas Gidanayi AS's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	2183.104	/ (	(130.224	+	365.583)	/	2 )
=	2183.104	/	247.9035
=	8.81

Dardanel Onentas Gidanayi AS's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

	Inventory Turnover (Q: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2022 )	/ (	(Total Inventories (Q: Dec. 2021 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )
=	2183.104	/ (	(130.224	+	365.583)	/	2 )
=	2183.104	/	247.9035
=	8.81

Dardanel Onentas Gidanayi AS (IST:DARDL) 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.

Dardanel Onentas Gidanayi AS's Days Inventory for the six months ended in Dec. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2022 )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
	=	247.9035	/	2183.104	*	365 / 2
	=	20.72

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.

Dardanel Onentas Gidanayi AS's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2022 )	/	Revenue (Q: Dec. 2022 )
	=	247.9035	/	2873.144
	=	0.09

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.

Dardanel Onentas Gidanayi AS Inventory Turnover Related Terms

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Dardanel Onentas Gidanayi AS (IST:DARDL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dardanel Onentas Gida Sanayi AS (IST:DARDL) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

Haydar Aliyev Cad Number 142, Tarabya, Istanbul, TUR

Website

http://www.dardanel.com.tr

Dardanel Onentas Gida Sanayi AS is a Turkey-based company involved in the manufacturing of canned food. It produces Tuna Fish, Ready to serve Food, Salmon, Chilled Products and Corn among other products.

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