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Gimsan Gediz Iplik Ve Mensucatnayi AS (IST:GEDIZ) Inventory Turnover : 0.00 (As of Dec. 2015)


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What is Gimsan Gediz Iplik Ve Mensucatnayi 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. Gimsan Gediz Iplik Ve Mensucatnayi AS's Cost of Goods Sold for the six months ended in Dec. 2015 was ₺0.00 Mil. Gimsan Gediz Iplik Ve Mensucatnayi AS's Average Total Inventories for the quarter that ended in Dec. 2015 was ₺0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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.


Gimsan Gediz Iplik Ve Mensucatnayi AS Inventory Turnover Historical Data

The historical data trend for Gimsan Gediz Iplik Ve Mensucatnayi 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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Gimsan Gediz Iplik Ve Mensucatnayi AS Inventory Turnover Chart

Gimsan Gediz Iplik Ve Mensucatnayi AS Annual Data
Trend Dec13 Dec14 Dec15
Inventory Turnover
- - -

Gimsan Gediz Iplik Ve Mensucatnayi AS Semi-Annual Data
Dec13 Dec14 Dec15
Inventory Turnover - - -

Gimsan Gediz Iplik Ve Mensucatnayi AS Inventory Turnover Calculation

Gimsan Gediz Iplik Ve Mensucatnayi AS's Inventory Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Inventory Turnover (A: Dec. 2015 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2015 ) / ((Total Inventories (A: Dec. 2014 ) + Total Inventories (A: Dec. 2015 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Gimsan Gediz Iplik Ve Mensucatnayi AS's Inventory Turnover for the quarter that ended in Dec. 2015 is calculated as

Inventory Turnover (Q: Dec. 2015 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2015 ) / ((Total Inventories (Q: Dec. 2014 ) + Total Inventories (Q: Dec. 2015 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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.


Gimsan Gediz Iplik Ve Mensucatnayi AS  (IST:GEDIZ) 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.

Gimsan Gediz Iplik Ve Mensucatnayi AS's Days Inventory for the six months ended in Dec. 2015 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2015 )/Cost of Goods Sold (Q: Dec. 2015 )*Days in Period
=0/0*365 / 2
=

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.

Gimsan Gediz Iplik Ve Mensucatnayi AS's Inventory to Revenue for the quarter that ended in Dec. 2015 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2015 ) / Revenue (Q: Dec. 2015 )
=0 / 0
=

* 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.


Gimsan Gediz Iplik Ve Mensucatnayi AS Inventory Turnover Related Terms

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Gimsan Gediz Iplik Ve Mensucatnayi AS (IST:GEDIZ) Business Description

Traded in Other Exchanges
N/A
Address
Esentepe Mah, Harman Caddesi, Ali Kaya Sokak No.4, Sisli, Levent, KUTAHYA, TUR, 34394
Gimsan Gediz Iplik Ve Mensucat Sanayi AS manufactures textile products. Its product portfolio comprises of cotton thread, open-end, ring carded and combed yarns as well as woven fabrics for the domestic and export markets.

Gimsan Gediz Iplik Ve Mensucatnayi AS (IST:GEDIZ) Headlines

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