Netas Telekomuenikasyon AS (IST:NETAS) Inventory Turnover : 4.64 (As of Dec. 2024)

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What is Netas Telekomuenikasyon 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. Netas Telekomuenikasyon AS's Cost of Goods Sold for the three months ended in Dec. 2024 was ₺2,647 Mil. Netas Telekomuenikasyon AS's Average Total Inventories for the quarter that ended in Dec. 2024 was ₺570 Mil. Netas Telekomuenikasyon AS's Inventory Turnover for the quarter that ended in Dec. 2024 was 4.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Netas Telekomuenikasyon AS's Days Inventory for the three months ended in Dec. 2024 was 19.66.

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. Netas Telekomuenikasyon AS's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.20.

Netas Telekomuenikasyon AS Inventory Turnover Historical Data

The historical data trend for Netas Telekomuenikasyon 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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Netas Telekomuenikasyon AS Inventory Turnover Chart

Netas Telekomuenikasyon AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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10.12

9.09

9.00

15.69

18.04

Netas Telekomuenikasyon 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															4.87	3.93	4.56	4.40	4.64

Netas Telekomuenikasyon AS Inventory Turnover Calculation

Netas Telekomuenikasyon 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 )
=	8525.677	/ (	(384.36	+	560.791)	/	2 )
=	8525.677	/	472.5755
=	18.04

Netas Telekomuenikasyon 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 )
=	2646.801	/ (	(579.731	+	560.791)	/	2 )
=	2646.801	/	570.261
=	4.64

Netas Telekomuenikasyon AS (IST:NETAS) 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.

Netas Telekomuenikasyon 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
	=	570.261	/	2646.801	*	365 / 4
	=	19.66

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.

Netas Telekomuenikasyon 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 )
	=	570.261	/	2818.779
	=	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.

Netas Telekomuenikasyon AS Inventory Turnover Related Terms

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Netas Telekomuenikasyon AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Netas Telekomuenikasyon AS (IST:NETAS) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Yenisehir Mahallesi Osmanli Bulvari No. 11, Kurtko, Pendik, Istanbul, TUR, 34912

Website

http://www.netas.com.tr

Netas Telekomuenikasyon AS is engaged in the manufacturing and trading of telecommunication, equipment, project installation services, technical support, repair and maintenance services, IT services, strategic outsourcing services, implementation, and associated activities. The company's operating segments include Enterprise, Public, International, Technology, Telecom and BDH. It generates maximum revenue from the Enterprise segment. The company serves Financial Institutions, Telecom Service Providers, Public and Public Safety, Energy, Sports and Entertainment, Retail and FMCG, Smart Building and Campus Solutions and Transportation industries.

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