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Kirac Galv Telekom Metal Makine Insaat Elektriknayi ve Ticaret AS (IST:TCKRC) Inventory Turnover : 0.71 (As of Dec. 2024)


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What is Kirac Galv Telekom Metal Makine Insaat Elektriknayi ve 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. Kirac Galv Telekom Metal Makine Insaat Elektriknayi ve Ticaret AS's Cost of Goods Sold for the three months ended in Dec. 2024 was ₺191 Mil. Kirac Galv Telekom Metal Makine Insaat Elektriknayi ve Ticaret AS's Average Total Inventories for the quarter that ended in Dec. 2024 was ₺268 Mil. Kirac Galv Telekom Metal Makine Insaat Elektriknayi ve Ticaret AS's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kirac Galv Telekom Metal Makine Insaat Elektriknayi ve Ticaret AS's Days Inventory for the three months ended in Dec. 2024 was 128.42.

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. Kirac Galv Telekom Metal Makine Insaat Elektriknayi ve Ticaret AS's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.60.


Kirac Galv Telekom Metal Makine Insaat Elektriknayi ve Ticaret AS Inventory Turnover Historical Data

The historical data trend for Kirac Galv Telekom Metal Makine Insaat Elektriknayi ve 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.

* Premium members only.

Kirac Galv Telekom Metal Makine Insaat Elektriknayi ve Ticaret AS Inventory Turnover Chart

Kirac Galv Telekom Metal Makine Insaat Elektriknayi ve Ticaret AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Inventory Turnover
2.94 4.52 3.63 3.53

Kirac Galv Telekom Metal Makine Insaat Elektriknayi ve Ticaret AS Quarterly Data
Dec21 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24
Inventory Turnover Get a 7-Day Free Trial - 0.63 2.18 0.24 0.71

Kirac Galv Telekom Metal Makine Insaat Elektriknayi ve Ticaret AS Inventory Turnover Calculation

Kirac Galv Telekom Metal Makine Insaat Elektriknayi ve Ticaret 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 )
=965.739 / ((327.166 + 220.39) / 2 )
=965.739 / 273.778
=3.53

Kirac Galv Telekom Metal Makine Insaat Elektriknayi ve Ticaret 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 )
=190.522 / ((315.87 + 220.39) / 2 )
=190.522 / 268.13
=0.71

* 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.


Kirac Galv Telekom Metal Makine Insaat Elektriknayi ve Ticaret AS  (IST:TCKRC) 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.

Kirac Galv Telekom Metal Makine Insaat Elektriknayi ve Ticaret 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
=268.13/190.522*365 / 4
=128.42

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.

Kirac Galv Telekom Metal Makine Insaat Elektriknayi ve Ticaret 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 )
=268.13 / 445.559
=0.60

* 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.


Kirac Galv Telekom Metal Makine Insaat Elektriknayi ve Ticaret AS Inventory Turnover Related Terms

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Kirac Galv Telekom Metal Makine Insaat Elektriknayi ve Ticaret AS Business Description

Traded in Other Exchanges
N/A
Address
Barakfakih Mah, Vatan Cad. No. 60, Kestel, Bursa, TUR
Kirac Galv Telekom Metal Makine Insaat Elektrik Sanayi ve Ticaret AS is engaged in providing hot dip galvanizing services. In addition to steel guardrail manufacturing and hot-dip galvanizing, the company also provides services in motorcyclist protection systems, noise barriers, manufacturing and installation of solar energy systems, crash cushions, traffic signs, and pedestrian guardrails. The products and services of the company include Steel Guardrail systems, Noise Barrier systems, Solar energy systems, Motorcyclist protection systems, Hot dip Galvanizing, and other products.

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