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Koleksiyon Mobilya (IST:KLSYN) Inventory Turnover : 0.68 (As of Dec. 2023)


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What is Koleksiyon Mobilya 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. Koleksiyon Mobilya's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺192 Mil. Koleksiyon Mobilya's Average Total Inventories for the quarter that ended in Dec. 2023 was ₺283 Mil. Koleksiyon Mobilya's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Koleksiyon Mobilya's Days Inventory for the three months ended in Dec. 2023 was 134.66.

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. Koleksiyon Mobilya's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.47.


Koleksiyon Mobilya Inventory Turnover Historical Data

The historical data trend for Koleksiyon Mobilya'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.

Koleksiyon Mobilya Inventory Turnover Chart

Koleksiyon Mobilya Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial 2.14 2.32 2.79 4.15 1.95

Koleksiyon Mobilya Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.07 0.49 0.78 0.39 0.68

Koleksiyon Mobilya Inventory Turnover Calculation

Koleksiyon Mobilya'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 )
=473.336 / ((145.636 + 341.021) / 2 )
=473.336 / 243.3285
=1.95

Koleksiyon Mobilya's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=191.654 / ((224.638 + 341.021) / 2 )
=191.654 / 282.8295
=0.68

* 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.


Koleksiyon Mobilya  (IST:KLSYN) 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.

Koleksiyon Mobilya's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=282.8295/191.654*365 / 4
=134.66

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.

Koleksiyon Mobilya's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=282.8295 / 606.492
=0.47

* 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.


Koleksiyon Mobilya Inventory Turnover Related Terms

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Koleksiyon Mobilya (IST:KLSYN) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Cad. No: 25 Sariyer, Cumhuriyet Mah. Haci Osman Bayiri, Istanbul, TUR, 34457
Koleksiyon Mobilya is engaged in the manufacturing and sale of furniture and related accessories. Its product offerings include Armchairs, Sofa, Cupboard, TV Unit, Chairs, Stools, and Dress cabinet among others.

Koleksiyon Mobilya (IST:KLSYN) Headlines

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