Ingram Micro Bilisim Sistemleri AS (IST:INGRM) Inventory Turnover : 4.77 (As of Mar. 2024)

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What is Ingram Micro Bilisim Sistemleri 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. Ingram Micro Bilisim Sistemleri AS's Cost of Goods Sold for the three months ended in Mar. 2024 was ₺4,365 Mil. Ingram Micro Bilisim Sistemleri AS's Average Total Inventories for the quarter that ended in Mar. 2024 was ₺915 Mil. Ingram Micro Bilisim Sistemleri AS's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.77.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ingram Micro Bilisim Sistemleri AS's Days Inventory for the three months ended in Mar. 2024 was 19.13.

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. Ingram Micro Bilisim Sistemleri AS's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.20.

Ingram Micro Bilisim Sistemleri AS Inventory Turnover Historical Data

The historical data trend for Ingram Micro Bilisim Sistemleri 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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Ingram Micro Bilisim Sistemleri AS Inventory Turnover Chart

Ingram Micro Bilisim Sistemleri AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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21.30

18.51

13.04

13.12

15.36

Ingram Micro Bilisim Sistemleri AS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															3.74	2.81	3.87	5.05	4.77

Ingram Micro Bilisim Sistemleri AS Inventory Turnover Calculation

Ingram Micro Bilisim Sistemleri 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 )
=	15364.164	/ (	(1019.227	+	981.667)	/	2 )
=	15364.164	/	1000.447
=	15.36

Ingram Micro Bilisim Sistemleri AS's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	4365.311	/ (	(981.667	+	849.083)	/	2 )
=	4365.311	/	915.375
=	4.77

Ingram Micro Bilisim Sistemleri AS (IST:INGRM) 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.

Ingram Micro Bilisim Sistemleri AS's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	915.375	/	4365.311	*	365 / 4
	=	19.13

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.

Ingram Micro Bilisim Sistemleri AS's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	915.375	/	4663.81
	=	0.20

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.

Ingram Micro Bilisim Sistemleri AS Inventory Turnover Related Terms

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Ingram Micro Bilisim Sistemleri AS (IST:INGRM) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ingram Micro Bilisim Sistemleri AS (IST:INGRM) » Definitions » Inventory Turnover

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Address

Ayazaga mah Azerbaycan Cad 2B, No: 3 K KapI No: 21, Sar?yer, Istanbul, TUR, 34485

Website

https://www.armada.com.tr/eng

Ingram Micro Bilisim Sistemleri AS is a Turkey-based distribution company active in the information technology sector. It engages in the distribution of value-added products in the field of information technology. Its products include computers, servers, storage, virtualization, security computer networking, industrial portable terminals, barcode readers, mobile products, and original equipment manufacturer products.

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