Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS (IST:HKTM) Inventory Turnover : 0.31 (As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret 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. Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's Cost of Goods Sold for the three months ended in Sep. 2023 was ₺80.7 Mil. Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's Average Total Inventories for the quarter that ended in Sep. 2023 was ₺263.9 Mil. Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.31.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's Days Inventory for the three months ended in Sep. 2023 was 298.44.

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. Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 2.42.

Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS Inventory Turnover Historical Data

The historical data trend for Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret 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.

Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS Inventory Turnover Chart

Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

2.06

2.61

2.73

2.00

Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS Quarterly Data
	Dec19	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial							0.59	0.51	0.20	0.14	0.31

Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS Inventory Turnover Calculation

Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret 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 )
=	191.268	/ (	(50.986	+	139.992)	/	2 )
=	191.268	/	95.489
=	2.00

Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	80.701	/ (	(230.154	+	297.732)	/	2 )
=	80.701	/	263.943
=	0.31

Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS (IST:HKTM) 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.

Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	263.943	/	80.701	*	365 / 4
	=	298.44

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.

Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	263.943	/	108.997
	=	2.42

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.

Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS (IST:HKTM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hidropar Hareket Kontrol Teknolojileri Merkezi Sanayi Ve Ticaret AS (IST:HKTM) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Inonu Mah. Gebze Plastikciler OSB. Cumhuriyet Cd. No:31, Gebze, Kocaeli, Istanbul, TUR, 41400

Website

https://www.hktm.com.tr

Hidropar Hareket Kontrol Teknolojileri Merkezi Sanayi Ve Ticaret AS offers engineering solutions. It produces mechanical Automation, Robotics, and Hydromechanical Systems. Its product offerings comprise 3 Axis Glass Transfer System, Oscillation Hydraulic System and Cylinder, Upper Table Bonding Project, Application of Plasma Projects, Vacuum Pack Conveyor System, Carton Box Counting System, X-Ray Machine Servo Drive System, among others.

Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS (IST:HKTM) Headlines

No Headlines