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Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS (IST:GOKNR) Total Inventories : ₺1,721 Mil (As of Dec. 2023)


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What is Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS Total Inventories?

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's total inventories for the quarter that ended in Dec. 2023 was ₺1,721 Mil. Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was ₺1,515 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₺-1.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's Days Inventory for the three months ended in Dec. 2023 was 45.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.00.

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. Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.39.


Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS Total Inventories Historical Data

The historical data trend for Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi 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.

* Premium members only.

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS Total Inventories Chart

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
276.30 308.21 659.65 2,178.77 1,721.16

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS Quarterly Data
Dec19 Dec20 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 2,178.77 1,069.13 1,084.85 1,309.18 1,721.16

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi 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.


Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS  (IST:GOKNR) 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.

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi 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)
=(103.512+0.75 * 2227.933+0.5 * 1721.161-3065.488
-0-2.047)/350
=-1.24

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

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi 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
=1515.168/3025.178*365 / 4
=45.70

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

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi 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 )
=3025.178 / 1515.168
=2.00

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.

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi 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 )
=1515.168 / 3919.48
=0.39

* 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.


Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS Total Inventories Related Terms

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Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS (IST:GOKNR) Business Description

Traded in Other Exchanges
N/A
Address
Erler Mahallesi 2716. Cadde No:11, Etimesgut, Ankara, TUR
Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS produces packaged food products. The firm's product offerings comprise canned fruits and vegetables, juices, puree concentrate, Dried Seeds, Natural Peel Oils, Natural Fruit FTNF, Fresh Fruits, and deionized products.

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS (IST:GOKNR) Headlines

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