MLPglik Hizmetleri AS (IST:MPARK) Inventory Turnover : 4.99 (As of Mar. 2024)

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What is MLPglik Hizmetleri 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. MLPglik Hizmetleri AS's Cost of Goods Sold for the three months ended in Mar. 2024 was ₺5,885 Mil. MLPglik Hizmetleri AS's Average Total Inventories for the quarter that ended in Mar. 2024 was ₺1,180 Mil. MLPglik Hizmetleri AS's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.99.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MLPglik Hizmetleri AS's Days Inventory for the three months ended in Mar. 2024 was 18.29.

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. MLPglik Hizmetleri AS's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.15.

MLPglik Hizmetleri AS Inventory Turnover Historical Data

The historical data trend for MLPglik Hizmetleri 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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MLPglik Hizmetleri AS Inventory Turnover Chart

MLPglik Hizmetleri AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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33.42

29.99

21.15

19.21

14.24

MLPglik Hizmetleri 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															4.95	3.96	4.42	7.80	4.99

MLPglik Hizmetleri AS Inventory Turnover Calculation

MLPglik Hizmetleri 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 )
=	16018.962	/ (	(1173.794	+	1076.596)	/	2 )
=	16018.962	/	1125.195
=	14.24

MLPglik Hizmetleri 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 )
=	5884.701	/ (	(1076.596	+	1282.447)	/	2 )
=	5884.701	/	1179.5215
=	4.99

MLPglik Hizmetleri AS (IST:MPARK) 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.

MLPglik Hizmetleri 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
	=	1179.5215	/	5884.701	*	365 / 4
	=	18.29

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.

MLPglik Hizmetleri 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 )
	=	1179.5215	/	7960.251
	=	0.15

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.

MLPglik Hizmetleri AS Inventory Turnover Related Terms

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MLPglik Hizmetleri AS (IST:MPARK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » MLP Saglik Hizmetleri AS (IST:MPARK) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Otakcilar Caddesi Flatofis Istanbul No: 78, Kat: 3, D-Blok, No: 103, Eyup, Istanbul, TUR, 34050

Website

https://www.mlpcare.com

MLP Saglik Hizmetleri AS, along with its subsidiaries, operates in the healthcare sector. The company's services include bone marrow, bone, and joint cancer surgery, eye diseases, and family medicine, among others. Its hospital's brands include Medical Park, VM Medical Park, and Liv Hospital.

MLPglik Hizmetleri AS (IST:MPARK) Headlines

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