Sinpas Gayrimenkul Yatirim Ortakligi AS (IST:SNGYO) Inventory Turnover : 1.03 (As of Dec. 2024)

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What is Sinpas Gayrimenkul Yatirim Ortakligi 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. Sinpas Gayrimenkul Yatirim Ortakligi AS's Cost of Goods Sold for the three months ended in Dec. 2024 was ₺7,156 Mil. Sinpas Gayrimenkul Yatirim Ortakligi AS's Average Total Inventories for the quarter that ended in Dec. 2024 was ₺6,933 Mil. Sinpas Gayrimenkul Yatirim Ortakligi AS's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sinpas Gayrimenkul Yatirim Ortakligi AS's Days Inventory for the three months ended in Dec. 2024 was 88.41.

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. Sinpas Gayrimenkul Yatirim Ortakligi AS's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.64.

Sinpas Gayrimenkul Yatirim Ortakligi AS Inventory Turnover Historical Data

The historical data trend for Sinpas Gayrimenkul Yatirim Ortakligi 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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Sinpas Gayrimenkul Yatirim Ortakligi AS Inventory Turnover Chart

Sinpas Gayrimenkul Yatirim Ortakligi AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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0.75

0.80

0.59

0.20

1.22

Sinpas Gayrimenkul Yatirim Ortakligi 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															0.08	0.18	0.04	0.06	1.03

Sinpas Gayrimenkul Yatirim Ortakligi AS Inventory Turnover Calculation

Sinpas Gayrimenkul Yatirim Ortakligi 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 )
=	9028.298	/ (	(7351.788	+	7397.6)	/	2 )
=	9028.298	/	7374.694
=	1.22

Sinpas Gayrimenkul Yatirim Ortakligi 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 )
=	7155.577	/ (	(6468.758	+	7397.6)	/	2 )
=	7155.577	/	6933.179
=	1.03

Sinpas Gayrimenkul Yatirim Ortakligi AS (IST:SNGYO) 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.

Sinpas Gayrimenkul Yatirim Ortakligi 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
	=	6933.179	/	7155.577	*	365 / 4
	=	88.41

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.

Sinpas Gayrimenkul Yatirim Ortakligi 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 )
	=	6933.179	/	10796.588
	=	0.64

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.

Sinpas Gayrimenkul Yatirim Ortakligi AS Inventory Turnover Related Terms

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Sinpas Gayrimenkul Yatirim Ortakligi AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sinpas Gayrimenkul Yatirim Ortakligi AS (IST:SNGYO) » Definitions » Inventory Turnover

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Address

Sinpa? plaza, dikilita? mahallesi, Yenido?an Sokak no: 36, Be?ikta?, Istanbul, TUR, 34349

Website

http://www.sinpasgyo.com

Sinpas Gayrimenkul Yatirim Ortakligi AS is a Turkey-based real estate investment trust company. It is engaged in the development of various real estate projects to builds houses and commercial building under themed projects. The company invests in Istanbul, Ankara, Bursa, and Marmaris. Its projects portfolio includes GOKORMAN, QUEEN BOMONTI, MEYROLIFE, BURSA MODERN, ANKARA POLATI and ISTANBUL-BEYKOZ.

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