Selcuk Ecza Deposu Ticaret venayi AS (IST:SELEC) Inventory Turnover : 3.10 (As of Dec. 2024)

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What is Selcuk Ecza Deposu Ticaret venayi 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. Selcuk Ecza Deposu Ticaret venayi AS's Cost of Goods Sold for the three months ended in Dec. 2024 was ₺34,536 Mil. Selcuk Ecza Deposu Ticaret venayi AS's Average Total Inventories for the quarter that ended in Dec. 2024 was ₺11,146 Mil. Selcuk Ecza Deposu Ticaret venayi AS's Inventory Turnover for the quarter that ended in Dec. 2024 was 3.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Selcuk Ecza Deposu Ticaret venayi AS's Days Inventory for the three months ended in Dec. 2024 was 29.45.

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. Selcuk Ecza Deposu Ticaret venayi AS's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.29.

Selcuk Ecza Deposu Ticaret venayi AS Inventory Turnover Historical Data

The historical data trend for Selcuk Ecza Deposu Ticaret venayi 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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Selcuk Ecza Deposu Ticaret venayi AS Inventory Turnover Chart

Selcuk Ecza Deposu Ticaret venayi AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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9.90

10.68

14.08

12.75

9.60

Selcuk Ecza Deposu Ticaret venayi 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															4.12	2.22	2.34	2.89	3.10

Selcuk Ecza Deposu Ticaret venayi AS Inventory Turnover Calculation

Selcuk Ecza Deposu Ticaret venayi 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 )
=	115605.171	/ (	(11535.204	+	12539.532)	/	2 )
=	115605.171	/	12037.368
=	9.60

Selcuk Ecza Deposu Ticaret venayi 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 )
=	34535.856	/ (	(9753.322	+	12539.532)	/	2 )
=	34535.856	/	11146.427
=	3.10

Selcuk Ecza Deposu Ticaret venayi AS (IST:SELEC) 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.

Selcuk Ecza Deposu Ticaret venayi 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
	=	11146.427	/	34535.856	*	365 / 4
	=	29.45

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.

Selcuk Ecza Deposu Ticaret venayi 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 )
	=	11146.427	/	38846.311
	=	0.29

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.

Selcuk Ecza Deposu Ticaret venayi AS Inventory Turnover Related Terms

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Selcuk Ecza Deposu Ticaret venayi AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Selcuk Ecza Deposu Ticaret ve Sanayi AS (IST:SELEC) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

Altunizade Mah. Kusbakisi Cad. No: 37, Nakkastepe, Istanbul, TUR, 34662

Website

http://www.selcukecza.com.tr

Selcuk Ecza Deposu Ticaret ve Sanayi AS and its subsidiaries are in the business of export and import of drugs and patent medicines, medical supplies with pharmacy depot operations and also organize distribution channels between drug manufacturers, hospitals, and pharmacies. The company also distributes cosmetics, personal care, infant food, vitamins, medical and similar products.

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