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Ozsu Balik Uretim AS (IST:OZSUB) Inventory Turnover : 0.37 (As of Dec. 2024)


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What is Ozsu Balik Uretim 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. Ozsu Balik Uretim AS's Cost of Goods Sold for the three months ended in Dec. 2024 was ₺548 Mil. Ozsu Balik Uretim AS's Average Total Inventories for the quarter that ended in Dec. 2024 was ₺1,465 Mil. Ozsu Balik Uretim AS's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ozsu Balik Uretim AS's Days Inventory for the three months ended in Dec. 2024 was 244.12.

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. Ozsu Balik Uretim AS's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 2.37.


Ozsu Balik Uretim AS Inventory Turnover Historical Data

The historical data trend for Ozsu Balik Uretim 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.

Ozsu Balik Uretim AS Inventory Turnover Chart

Ozsu Balik Uretim AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial 55.91 58.80 2.45 1.40 1.44

Ozsu Balik Uretim AS Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.51 0.28 0.35 0.43 0.37

Ozsu Balik Uretim AS Inventory Turnover Calculation

Ozsu Balik Uretim 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 )
=2230.03 / ((1682.551 + 1417.136) / 2 )
=2230.03 / 1549.8435
=1.44

Ozsu Balik Uretim 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 )
=547.586 / ((1512.819 + 1417.136) / 2 )
=547.586 / 1464.9775
=0.37

* 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.


Ozsu Balik Uretim AS  (IST:OZSUB) 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.

Ozsu Balik Uretim 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
=1464.9775/547.586*365 / 4
=244.12

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.

Ozsu Balik Uretim 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 )
=1464.9775 / 617.585
=2.37

* 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.


Ozsu Balik Uretim AS Inventory Turnover Related Terms

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Ozsu Balik Uretim AS Business Description

Traded in Other Exchanges
N/A
Address
Ataturk Caddesi No: 384, Berrin Re?at Aksoy Office Building Floor 8, Flat 17, Konak, Izmir, TUR
Ozsu Balik Uretim AS operates as a fish processing company. The firm offers sea ??bream, sea bass, and other packed products.

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