Vestel Beyaz Esa Ticaretnayi AS (IST:VESBE) Inventory Turnover : 1.91 (As of Dec. 2024)

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What is Vestel Beyaz Esa Ticaretnayi 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. Vestel Beyaz Esa Ticaretnayi AS's Cost of Goods Sold for the three months ended in Dec. 2024 was ₺19,388 Mil. Vestel Beyaz Esa Ticaretnayi AS's Average Total Inventories for the quarter that ended in Dec. 2024 was ₺10,161 Mil. Vestel Beyaz Esa Ticaretnayi AS's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.91.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vestel Beyaz Esa Ticaretnayi AS's Days Inventory for the three months ended in Dec. 2024 was 47.82.

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. Vestel Beyaz Esa Ticaretnayi AS's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.48.

Vestel Beyaz Esa Ticaretnayi AS Inventory Turnover Historical Data

The historical data trend for Vestel Beyaz Esa Ticaretnayi 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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Vestel Beyaz Esa Ticaretnayi AS Inventory Turnover Chart

Vestel Beyaz Esa Ticaretnayi AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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9.51

7.56

10.49

9.94

7.89

Vestel Beyaz Esa Ticaretnayi 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															2.93	1.41	1.44	1.61	1.91

Vestel Beyaz Esa Ticaretnayi AS Inventory Turnover Calculation

Vestel Beyaz Esa Ticaretnayi 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 )
=	67419.256	/ (	(7235.371	+	9854.564)	/	2 )
=	67419.256	/	8544.9675
=	7.89

Vestel Beyaz Esa Ticaretnayi 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 )
=	19387.503	/ (	(10467.155	+	9854.564)	/	2 )
=	19387.503	/	10160.8595
=	1.91

Vestel Beyaz Esa Ticaretnayi AS (IST:VESBE) 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.

Vestel Beyaz Esa Ticaretnayi 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
	=	10160.8595	/	19387.503	*	365 / 4
	=	47.82

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.

Vestel Beyaz Esa Ticaretnayi 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 )
	=	10160.8595	/	21278.349
	=	0.48

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.

Vestel Beyaz Esa Ticaretnayi AS Inventory Turnover Related Terms

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Vestel Beyaz Esa Ticaretnayi AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Vestel Beyaz Esa Ticaret Sanayi AS (IST:VESBE) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Buyukdere Cad. No: 199, Levent 199, Sisli, Istanbul, TUR, 34394

Website

https://www.vestel.com.tr

Vestel Beyaz Esa Ticaret Sanayi AS is a Turkish home appliances manufacturer. It sells television sets of all types ranging from LEDs to contemporary styles such as Smart, 3D Smart and 4K Ultra HD TVs. It also sells home cinema systems, headphones, speakers, television accessories, laptops, and LED lighting products. The geographical segment consists of Turkey, Europe, and Others. The company's revenue is derived from the sale of its products in Europe.

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