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Yigit Aku Malzemeleri Nakliyat Turizm Insaatnayi ve Ticaret (IST:YIGIT) Inventory Turnover : 8.67 (As of Dec. 2023)


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What is Yigit Aku Malzemeleri Nakliyat Turizm Insaatnayi ve Ticaret 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. Yigit Aku Malzemeleri Nakliyat Turizm Insaatnayi ve Ticaret's Cost of Goods Sold for the six months ended in Dec. 2023 was ₺5,102 Mil. Yigit Aku Malzemeleri Nakliyat Turizm Insaatnayi ve Ticaret's Average Total Inventories for the quarter that ended in Dec. 2023 was ₺589 Mil. Yigit Aku Malzemeleri Nakliyat Turizm Insaatnayi ve Ticaret's Inventory Turnover for the quarter that ended in Dec. 2023 was 8.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yigit Aku Malzemeleri Nakliyat Turizm Insaatnayi ve Ticaret's Days Inventory for the six months ended in Dec. 2023 was 21.05.

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. Yigit Aku Malzemeleri Nakliyat Turizm Insaatnayi ve Ticaret's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.09.

Yigit Aku Malzemeleri Nakliyat Turizm Insaatnayi ve Ticaret Inventory Turnover Historical Data

The historical data trend for Yigit Aku Malzemeleri Nakliyat Turizm Insaatnayi ve Ticaret'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.

Yigit Aku Malzemeleri Nakliyat Turizm Insaatnayi ve Ticaret Inventory Turnover Chart

Yigit Aku Malzemeleri Nakliyat Turizm Insaatnayi ve Ticaret Annual Data
Trend Dec21 Dec22 Dec23
Inventory Turnover
10.11 16.16 8.67

Yigit Aku Malzemeleri Nakliyat Turizm Insaatnayi ve Ticaret Semi-Annual Data
Dec21 Dec22 Dec23
Inventory Turnover 10.11 16.16 8.67

Yigit Aku Malzemeleri Nakliyat Turizm Insaatnayi ve Ticaret Inventory Turnover Calculation

Yigit Aku Malzemeleri Nakliyat Turizm Insaatnayi ve Ticaret'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 )
=5101.912 / ((332.101 + 845.003) / 2 )
=5101.912 / 588.552
=8.67

Yigit Aku Malzemeleri Nakliyat Turizm Insaatnayi ve Ticaret's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Dec. 2023 )) / count )
=5101.912 / ((332.101 + 845.003) / 2 )
=5101.912 / 588.552
=8.67

* 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.

Yigit Aku Malzemeleri Nakliyat Turizm Insaatnayi ve Ticaret  (IST:YIGIT) 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.

Yigit Aku Malzemeleri Nakliyat Turizm Insaatnayi ve Ticaret's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=588.552/5101.912*365 / 2
=21.05

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.

Yigit Aku Malzemeleri Nakliyat Turizm Insaatnayi ve Ticaret's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=588.552 / 6245.316
=0.09

* 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.

Yigit Aku Malzemeleri Nakliyat Turizm Insaatnayi ve Ticaret Inventory Turnover Related Terms

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Yigit Aku Malzemeleri Nakliyat Turizm Insaatnayi ve Ticaret Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Yigit Aku Malzemeleri Nakliyat Turizm Insaat Sanayi ve Ticaret (IST:YIGIT) » Definitions » Inventory Turnover
Comparable Companies
Traded in Other Exchanges
N/A
Address
Organized Industrial Zone, Oguz Caddesi No: 2, Sincan, Ankara, TUR
Website
https://www.yigitaku.com
Yigit Aku Malzemeleri Nakliyat Turizm Insaat Sanayi ve Ticaret is a company engaged in manufacturing, importing, exporting, purchasing, and selling all kinds of accumulators. The main product groups produced and sold by the company are categorized under batteries, and charging units groups consisting of industrial and starter batteries. In addition, the company produces plastic products and machinery for use in its production and to offer final products to its customers.

Yigit Aku Malzemeleri Nakliyat Turizm Insaatnayi ve Ticaret Headlines

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