Koton Magazacilik Tekstilnayi Ve Ticaret AS (IST:KOTON) Inventory Turnover : 1.63 (As of Dec. 2023)

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What is Koton Magazacilik Tekstilnayi 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. Koton Magazacilik Tekstilnayi Ve Ticaret AS's Cost of Goods Sold for the six months ended in Dec. 2023 was ₺8,246 Mil. Koton Magazacilik Tekstilnayi Ve Ticaret AS's Average Total Inventories for the quarter that ended in Dec. 2023 was ₺5,044 Mil. Koton Magazacilik Tekstilnayi Ve Ticaret AS's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.63.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Koton Magazacilik Tekstilnayi Ve Ticaret AS's Days Inventory for the six months ended in Dec. 2023 was 111.62.

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. Koton Magazacilik Tekstilnayi Ve Ticaret AS's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.29.

Koton Magazacilik Tekstilnayi Ve Ticaret AS Inventory Turnover Historical Data

The historical data trend for Koton Magazacilik Tekstilnayi 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.

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Koton Magazacilik Tekstilnayi Ve Ticaret AS Inventory Turnover Chart

Koton Magazacilik Tekstilnayi Ve Ticaret AS Annual Data

Trend

Dec21

Dec22

Dec23

Inventory Turnover

2.14

1.73

1.63

Koton Magazacilik Tekstilnayi Ve Ticaret AS Semi-Annual Data
	Dec21	Dec22	Dec23
Inventory Turnover	2.14	1.73	1.63

Koton Magazacilik Tekstilnayi Ve Ticaret AS Inventory Turnover Calculation

Koton Magazacilik Tekstilnayi Ve Ticaret 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 )
=	8246.146	/ (	(4972.577	+	5114.546)	/	2 )
=	8246.146	/	5043.5615
=	1.63

Koton Magazacilik Tekstilnayi Ve Ticaret AS'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: Dec. 2022 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	8246.146	/ (	(4972.577	+	5114.546)	/	2 )
=	8246.146	/	5043.5615
=	1.63

Koton Magazacilik Tekstilnayi Ve Ticaret AS (IST:KOTON) 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.

Koton Magazacilik Tekstilnayi Ve Ticaret AS's Days Inventory for the six 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
	=	5043.5615	/	8246.146	*	365 / 2
	=	111.62

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.

Koton Magazacilik Tekstilnayi Ve Ticaret AS'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 )
	=	5043.5615	/	17193.805
	=	0.29

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.

Koton Magazacilik Tekstilnayi Ve Ticaret AS Inventory Turnover Related Terms

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Koton Magazacilik Tekstilnayi Ve Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Koton Magazacilik Tekstil Sanayi Ve Ticaret AS (IST:KOTON) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ayazaga Street, No:3, Ic Kapi No:5, Ayazaga District, Istanbul, TUR

Website

https://www.kurumsal.koton.com.tr

Koton Magazacilik Tekstil Sanayi Ve Ticaret AS is a Fashion company that has grown into a regional retail ready-to-wear company that designs and sells Koton branded products in four continents. Its field of activity is to design and produce all kinds of textile and accessory products and to sell stores (retail sales) operated by itself or by Franchisees at home and abroad, through its website koton.com and the Company's mobile application. e-commerce channel, including local and international online marketplaces.

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