Yonga Mobilyanayi ve Ticaret AS (IST:YONGA) Inventory Turnover : 2.58 (As of Dec. 2017)

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What is Yonga Mobilyanayi 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. Yonga Mobilyanayi ve Ticaret AS's Cost of Goods Sold for the six months ended in Dec. 2017 was ₺26.54 Mil. Yonga Mobilyanayi ve Ticaret AS's Average Total Inventories for the quarter that ended in Dec. 2017 was ₺10.28 Mil. Yonga Mobilyanayi ve Ticaret AS's Inventory Turnover for the quarter that ended in Dec. 2017 was 2.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yonga Mobilyanayi ve Ticaret AS's Days Inventory for the six months ended in Dec. 2017 was 70.69.

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. Yonga Mobilyanayi ve Ticaret AS's Inventory-to-Revenue for the quarter that ended in Dec. 2017 was 0.40.

Yonga Mobilyanayi ve Ticaret AS Inventory Turnover Historical Data

The historical data trend for Yonga Mobilyanayi 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.

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Yonga Mobilyanayi ve Ticaret AS Inventory Turnover Chart

Yonga Mobilyanayi ve Ticaret AS Annual Data

Trend

Dec11

Dec12

Dec16

Dec17

Inventory Turnover

6.34

6.43

6.32

5.07

Yonga Mobilyanayi ve Ticaret AS Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Jun16	Dec16	Jun17	Dec17
Inventory Turnover	Get a 7-Day Free Trial			3.28	5.75	2.32	2.22	2.58

Yonga Mobilyanayi ve Ticaret AS Inventory Turnover Calculation

Yonga Mobilyanayi ve Ticaret AS's Inventory Turnover for the fiscal year that ended in Dec. 2017 is calculated as

	Inventory Turnover (A: Dec. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2017 )	/ (	(Total Inventories (A: Dec. 2016 )	+	Total Inventories (A: Dec. 2017 ))	/	count )
=	49.175	/ (	(9.603	+	9.781)	/	2 )
=	49.175	/	9.692
=	5.07

Yonga Mobilyanayi ve Ticaret AS's Inventory Turnover for the quarter that ended in Dec. 2017 is calculated as

	Inventory Turnover (Q: Dec. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2017 )	/ (	(Total Inventories (Q: Jun. 2017 )	+	Total Inventories (Q: Dec. 2017 ))	/	count )
=	26.542	/ (	(10.781	+	9.781)	/	2 )
=	26.542	/	10.281
=	2.58

Yonga Mobilyanayi ve Ticaret AS (IST:YONGA) 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.

Yonga Mobilyanayi ve Ticaret AS's Days Inventory for the six months ended in Dec. 2017 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2017 )	/	Cost of Goods Sold (Q: Dec. 2017 )	*	Days in Period
	=	10.281	/	26.542	*	365 / 2
	=	70.69

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.

Yonga Mobilyanayi ve Ticaret AS's Inventory to Revenue for the quarter that ended in Dec. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2017 )	/	Revenue (Q: Dec. 2017 )
	=	10.281	/	25.777
	=	0.40

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.

Yonga Mobilyanayi ve Ticaret AS Inventory Turnover Related Terms

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Yonga Mobilyanayi ve Ticaret AS (IST:YONGA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Yonga Mobilya Sanayi ve Ticaret AS (IST:YONGA) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kale Mah. Atatürk Bul. No:196, Pamukkale, Denizli, TUR, 20180

Website

http://www.yongamobilya.com

Yonga Mobilya Sanayi ve Ticaret AS is engaged in the manufacturing furniture in Turkey.

Yonga Mobilyanayi ve Ticaret AS (IST:YONGA) Headlines

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