Fenerbahce Futbol Anonim Sirketi (IST:FENER) Inventory Turnover : 7.37 (As of Feb. 2024)

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What is Fenerbahce Futbol Anonim Sirketi 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. Fenerbahce Futbol Anonim Sirketi's Cost of Goods Sold for the three months ended in Feb. 2024 was ₺1,366 Mil. Fenerbahce Futbol Anonim Sirketi's Average Total Inventories for the quarter that ended in Feb. 2024 was ₺185 Mil. Fenerbahce Futbol Anonim Sirketi's Inventory Turnover for the quarter that ended in Feb. 2024 was 7.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fenerbahce Futbol Anonim Sirketi's Days Inventory for the three months ended in Feb. 2024 was 12.39.

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. Fenerbahce Futbol Anonim Sirketi's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.15.

Fenerbahce Futbol Anonim Sirketi Inventory Turnover Historical Data

The historical data trend for Fenerbahce Futbol Anonim Sirketi'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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Fenerbahce Futbol Anonim Sirketi Inventory Turnover Chart

Fenerbahce Futbol Anonim Sirketi Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Inventory Turnover

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31.27

19.90

24.22

30.40

29.09

Fenerbahce Futbol Anonim Sirketi Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Inventory Turnover	Get a 7-Day Free Trial															5.81	6.21	6.10	7.99	7.37

Fenerbahce Futbol Anonim Sirketi Inventory Turnover Calculation

Fenerbahce Futbol Anonim Sirketi's Inventory Turnover for the fiscal year that ended in May. 2023 is calculated as

	Inventory Turnover (A: May. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: May. 2023 )	/ (	(Total Inventories (A: May. 2022 )	+	Total Inventories (A: May. 2023 ))	/	count )
=	2318.737	/ (	(44.353	+	115.039)	/	2 )
=	2318.737	/	79.696
=	29.09

Fenerbahce Futbol Anonim Sirketi's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

	Inventory Turnover (Q: Feb. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2024 )	/ (	(Total Inventories (Q: Nov. 2023 )	+	Total Inventories (Q: Feb. 2024 ))	/	count )
=	1365.763	/ (	(174.999	+	195.807)	/	2 )
=	1365.763	/	185.403
=	7.37

Fenerbahce Futbol Anonim Sirketi (IST:FENER) 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.

Fenerbahce Futbol Anonim Sirketi's Days Inventory for the three months ended in Feb. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2024 )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
	=	185.403	/	1365.763	*	365 / 4
	=	12.39

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.

Fenerbahce Futbol Anonim Sirketi's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2024 )	/	Revenue (Q: Feb. 2024 )
	=	185.403	/	1229.006
	=	0.15

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.

Fenerbahce Futbol Anonim Sirketi Inventory Turnover Related Terms

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Fenerbahce Futbol Anonim Sirketi (IST:FENER) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Fenerbahce Futbol Anonim Sirketi (IST:FENER) » Definitions » Inventory Turnover

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Address

Fenerbahce sukru Saracoglu Stadi, Maraton Girisi, Kiziltoprak, Kadikoy, Istanbul, TUR, 34724

Website

http://www.fenerbahce.org

Fenerbahce Futbol Anonim Sirketi manages the Fenerbahce Sports Club in Turkey. The facilities provided by the sports club includes The Stadium, The Social Venue, The Training Complex, The Sports Hall, and The Swimming Pool among others.

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