Ege Endustri ve Ticaret AS (IST:EGEEN) Total Inventories: ₺743 Mil (As of Dec. 2023)


IST:EGEEN Ege Endustri ve Ticaret AS IST:EGEEN
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What is Ege Endustri ve Ticaret AS Total Inventories?

Ege Endustri ve Ticaret AS IST:EGEEN +1.99% 5 Total Inventories is ₺743 Mil as of Dec. 2023. GuruFocus rates IST:EGEEN with a GF Score™ of 5/100.

Ege Endustri ve Ticaret AS's total inventories for the quarter that ended in Dec. 2023 was ₺743 Mil. Ege Endustri ve Ticaret AS's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was ₺664 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ege Endustri ve Ticaret AS's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₺88.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ege Endustri ve Ticaret AS's Days Inventory for the three months ended in Dec. 2023 was 47.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ege Endustri ve Ticaret AS's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.92.

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. Ege Endustri ve Ticaret AS's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.41.

Ege Endustri ve Ticaret AS  (IST:EGEEN) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Ege Endustri ve Ticaret AS's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1758.645+0.75 * 503.411+0.5 * 743.223-2229.687
-0-0)/3.150
=88.29

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Ege Endustri ve Ticaret AS's Days Inventory for the three 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
=664.338/1278.74*365 / 4
=47.41

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Ege Endustri ve Ticaret AS's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=1278.74 / 664.338
=1.92

4. 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.

Ege Endustri ve Ticaret AS'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 )
=664.338 / 1608.568
=0.41

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Ege Endustri ve Ticaret AS Total Inventories Related Terms

Ege Endustri ve Ticaret AS Total Inventories Historical Data

* Premium members only.

The historical data trend for Ege Endustri ve Ticaret AS's Total Inventories 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.

Ege Endustri ve Ticaret AS Total Inventories Chart

Ege Endustri ve Ticaret AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 98.23 92.79 301.55 498.61 743.22

Ege Endustri ve Ticaret AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 498.61 471.40 497.56 585.45 743.22
IST:EGEEN
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Ege Endustri ve Ticaret AS IST:EGEEN
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Ege Endustri ve Ticaret AS Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of ₺743 Mil mean?
Ege Endustri ve Ticaret AS (IST:EGEEN) has a Total Inventories of ₺743 Mil as of Dec. 2023. The total amount of inventory as recorded on a company's balance sheet. View historical data for Ege Endustri ve Ticaret AS and its competitors.
Is Ege Endustri ve Ticaret AS's Total Inventories too high?
Ege Endustri ve Ticaret AS's current Total Inventories is ₺743 Mil. Overall, Ege Endustri ve Ticaret AS has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Ege Endustri ve Ticaret AS's Total Inventories compare to GPC and MBLY?
Ege Endustri ve Ticaret AS's Total Inventories of ₺743 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Vehicles & Parts company?
A good Total Inventories depends on the Vehicles & Parts industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Ege Endustri ve Ticaret AS and its competitors. Ege Endustri ve Ticaret AS's current Total Inventories is ₺743 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ege Endustri ve Ticaret AS stock overvalued right now?
Ege Endustri ve Ticaret AS (IST:EGEEN) has a current Total Inventories of ₺743 Mil. The current Total Inventories is ₺743 Mil. Ege Endustri ve Ticaret AS's overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Ege Endustri ve Ticaret AS (IST:EGEEN), the current Total Inventories is ₺743 Mil as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ege Endustri ve Ticaret AS Business Description

Address Kemalpaya Street No: 280, Pinarbasi, Izmir, TUR, 35060
Ege Endustri ve Ticaret AS is a Turkey-based axle manufacturer for the automotive industry. The products of the company consist of Fabricated Axle Housing, Rear Axles, Tag Axles, Trailer Axles, Self-Steering Tag Axle and Independent Front Suspension System among others.
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