Pasifik Eurasia Lojistik Dis Ticaret AS (IST:PASEU) Inventory Turnover : 39.88 (As of Sep. 2024)

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What is Pasifik Eurasia Lojistik Dis 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. Pasifik Eurasia Lojistik Dis Ticaret AS's Cost of Goods Sold for the three months ended in Sep. 2024 was ₺241.2 Mil. Pasifik Eurasia Lojistik Dis Ticaret AS's Average Total Inventories for the quarter that ended in Sep. 2024 was ₺6.0 Mil. Pasifik Eurasia Lojistik Dis Ticaret AS's Inventory Turnover for the quarter that ended in Sep. 2024 was 39.88.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pasifik Eurasia Lojistik Dis Ticaret AS's Days Inventory for the three months ended in Sep. 2024 was 2.29.

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. Pasifik Eurasia Lojistik Dis Ticaret AS's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.02.

Pasifik Eurasia Lojistik Dis Ticaret AS Inventory Turnover Historical Data

The historical data trend for Pasifik Eurasia Lojistik Dis 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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Pasifik Eurasia Lojistik Dis Ticaret AS Inventory Turnover Chart

Pasifik Eurasia Lojistik Dis Ticaret AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

13.78

21.51

37.46

Pasifik Eurasia Lojistik Dis Ticaret AS Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial							-	-	89.32	57.89	39.88

Pasifik Eurasia Lojistik Dis Ticaret AS Inventory Turnover Calculation

Pasifik Eurasia Lojistik Dis 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 )
=	595.575	/ (	(0	+	0)	/	1 )
=	595.575	/	0
=	N/A

Pasifik Eurasia Lojistik Dis Ticaret AS's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	241.173	/ (	(5.931	+	6.165)	/	2 )
=	241.173	/	6.048
=	39.88

Pasifik Eurasia Lojistik Dis Ticaret AS (IST:PASEU) 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.

Pasifik Eurasia Lojistik Dis Ticaret AS's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	6.048	/	241.173	*	365 / 4
	=	2.29

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.

Pasifik Eurasia Lojistik Dis Ticaret AS's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	6.048	/	329.081
	=	0.02

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.

Pasifik Eurasia Lojistik Dis Ticaret AS Inventory Turnover Related Terms

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Pasifik Eurasia Lojistik Dis Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Pasifik Eurasia Lojistik Dis Ticaret AS (IST:PASEU) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kizilirmak Mah. Dumlupinar Bulvari (Eskiehir Yolu) No: 3, Next Level A Blok 1. Kat No: 1, Sogutozu Cankaya, Ankara, TUR, 06530

Website

https://www.pasifikeurasia.com.tr

Pasifik Eurasia Lojistik Dis Ticaret AS is a logistics company that operates within the fields of railway transportation, foreign trade, customs, and supply chain management. It provides end-to-end logistical services. In addition, it provides safe solutions in international transportation, logistics, and terminal services.

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