Luks Kadife Ticaret Ve Ssanayii AS (IST:LUKSK) Inventory Turnover : 1.61 (As of Dec. 2024)

View and export this data going back to 1991. Start your Free Trial

What is Luks Kadife Ticaret Ve Ssanayii 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. Luks Kadife Ticaret Ve Ssanayii AS's Cost of Goods Sold for the three months ended in Dec. 2024 was ₺159.3 Mil. Luks Kadife Ticaret Ve Ssanayii AS's Average Total Inventories for the quarter that ended in Dec. 2024 was ₺98.8 Mil. Luks Kadife Ticaret Ve Ssanayii AS's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Luks Kadife Ticaret Ve Ssanayii AS's Days Inventory for the three months ended in Dec. 2024 was 56.62.

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. Luks Kadife Ticaret Ve Ssanayii AS's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.67.

Luks Kadife Ticaret Ve Ssanayii AS Inventory Turnover Historical Data

The historical data trend for Luks Kadife Ticaret Ve Ssanayii 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.

Luks Kadife Ticaret Ve Ssanayii AS Inventory Turnover Chart

Luks Kadife Ticaret Ve Ssanayii AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

Get a 7-Day Free Trial

2.98

2.71

4.58

3.91

3.61

Luks Kadife Ticaret Ve Ssanayii AS Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															1.33	0.67	1.44	0.16	1.61

Luks Kadife Ticaret Ve Ssanayii AS Inventory Turnover Calculation

Luks Kadife Ticaret Ve Ssanayii AS's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	344.157	/ (	(89.264	+	101.408)	/	2 )
=	344.157	/	95.336
=	3.61

Luks Kadife Ticaret Ve Ssanayii AS's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	159.275	/ (	(96.256	+	101.408)	/	2 )
=	159.275	/	98.832
=	1.61

Luks Kadife Ticaret Ve Ssanayii AS (IST:LUKSK) 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.

Luks Kadife Ticaret Ve Ssanayii AS's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	98.832	/	159.275	*	365 / 4
	=	56.62

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.

Luks Kadife Ticaret Ve Ssanayii AS's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	98.832	/	147.273
	=	0.67

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.

Luks Kadife Ticaret Ve Ssanayii AS Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Luks Kadife Ticaret Ve Ssanayii AS's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Luks Kadife Ticaret Ve Ssanayii AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Luks Kadife Ticaret Ve Ssanayii AS (IST:LUKSK) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Merter Is Merkezi Maltepe Mh. General, Ali Riza Gurcan Cd, Eski Cirpici Sk. No 2, Kat 9 Merter, Istanbul, TUR

Website

http://www.lukskadife.com.tr

Luks Kadife Ticaret Ve Ssanayii AS is engaged in the manufacturing and distribution of various kinds of Velvet fabrics for Garment, Upholstery, Curtain and Decoration. It exports its 40 percent of the capacity to U.S.A., Germany, France and Italy among others.

Luks Kadife Ticaret Ve Ssanayii AS Headlines

No Headlines