Trakya Camnayii AS (Trakya Camnayii AS) Inventory Turnover : 1.04 (As of Dec. 2020)

View and export this data going back to 2013. Start your Free Trial

What is Trakya Camnayii 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. Trakya Camnayii AS's Cost of Goods Sold for the three months ended in Dec. 2020 was $585.74 Mil. Trakya Camnayii AS's Average Total Inventories for the quarter that ended in Dec. 2020 was $564.03 Mil. Trakya Camnayii AS's Inventory Turnover for the quarter that ended in Dec. 2020 was 1.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Trakya Camnayii AS's Days Inventory for the three months ended in Dec. 2020 was 87.87.

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. Trakya Camnayii AS's Inventory-to-Revenue for the quarter that ended in Dec. 2020 was 0.65.

Trakya Camnayii AS Inventory Turnover Historical Data

The historical data trend for Trakya Camnayii 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.

Trakya Camnayii AS Inventory Turnover Chart

Trakya Camnayii AS Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Inventory Turnover

Get a 7-Day Free Trial

3.96

4.56

3.89

9.25

4.84

Trakya Camnayii AS Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Inventory Turnover	Get a 7-Day Free Trial															2.38	0.67	0.60	1.24	1.04

Trakya Camnayii AS Inventory Turnover Calculation

Trakya Camnayii AS's Inventory Turnover for the fiscal year that ended in Dec. 2020 is calculated as

	Inventory Turnover (A: Dec. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2020 )	/ (	(Total Inventories (A: Dec. 2019 )	+	Total Inventories (A: Dec. 2020 ))	/	count )
=	1903.453	/ (	(244.812	+	542.116)	/	2 )
=	1903.453	/	393.464
=	4.84

Trakya Camnayii AS's Inventory Turnover for the quarter that ended in Dec. 2020 is calculated as

	Inventory Turnover (Q: Dec. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2020 )	/ (	(Total Inventories (Q: Sep. 2020 )	+	Total Inventories (Q: Dec. 2020 ))	/	count )
=	585.736	/ (	(585.938	+	542.116)	/	2 )
=	585.736	/	564.027
=	1.04

Trakya Camnayii AS (GREY:TRKCY) 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.

Trakya Camnayii AS's Days Inventory for the three months ended in Dec. 2020 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2020 )	/	Cost of Goods Sold (Q: Dec. 2020 )	*	Days in Period
	=	564.027	/	585.736	*	365 / 4
	=	87.87

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.

Trakya Camnayii AS's Inventory to Revenue for the quarter that ended in Dec. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2020 )	/	Revenue (Q: Dec. 2020 )
	=	564.027	/	869.856
	=	0.65

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.

Trakya Camnayii AS Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Trakya Camnayii AS's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Trakya Camnayii AS (Trakya Camnayii AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Trakya Cam Sanayii AS (GREY:TRKCY) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Icmeler Mahallesi, D-100 Karayolu Caddesi, No: 44A, Tuzla, Istanbul, TUR, 34947

Website

http://www.sisecamduzcam.com

Trakya Cam Sanayii AS is a building materials company engaged in glass manufacturing. The company creates glass products that include solar glass, automobile glass, home appliance glass, and architectural glass. Trakya's solar glass is utilized for photovoltaics and thermal collectors, while its home appliance glass segment is used in ovens and refrigerators. The company's architectural glass segment is used in retail stores, high-rise buildings, and airports. These core offering are supplemented by other products, such as energy efficient glass, which utilizes heat controlled insulation. The company generates the majority of its revenue in Turkey.

Trakya Camnayii AS (Trakya Camnayii AS) Headlines

No Headlines