Ofis Yem Gidanayi ve Ticaret AS (IST:OFSYM) Total Inventories : ₺472 Mil (As of Dec. 2023)

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What is Ofis Yem Gidanayi ve Ticaret AS Total Inventories?

Ofis Yem Gidanayi ve Ticaret AS's total inventories for the quarter that ended in Dec. 2023 was ₺472 Mil. Ofis Yem Gidanayi ve Ticaret AS's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was ₺397 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ofis Yem Gidanayi ve Ticaret AS's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₺-6.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ofis Yem Gidanayi ve Ticaret AS's Days Inventory for the three months ended in Dec. 2023 was 8.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ofis Yem Gidanayi ve Ticaret AS's Inventory Turnover for the quarter that ended in Dec. 2023 was 11.13.

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. Ofis Yem Gidanayi ve Ticaret AS's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.08.

Ofis Yem Gidanayi ve Ticaret AS Total Inventories Historical Data

The historical data trend for Ofis Yem Gidanayi 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.

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Ofis Yem Gidanayi ve Ticaret AS Total Inventories Chart

Ofis Yem Gidanayi ve Ticaret AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Inventories

155.68

246.50

588.39

472.06

Ofis Yem Gidanayi ve Ticaret AS Quarterly Data
	Dec20	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial			-	588.39	475.80	322.31	472.06

Ofis Yem Gidanayi 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.

Ofis Yem Gidanayi ve Ticaret AS (IST:OFSYM) 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.

Ofis Yem Gidanayi 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)
=	(176.866	+	0.75 * 1336.233	+	0.5 * 472.062	-	2245.195
-	0	-	64.004)	/	146.25
=	-6.11

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

Ofis Yem Gidanayi 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
	=	397.1865	/	4421.508	*	365 / 4
	=	8.20

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

Ofis Yem Gidanayi 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 )
	=	4421.508	/	397.1865
	=	11.13

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.

Ofis Yem Gidanayi 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 )
	=	397.1865	/	5106.089
	=	0.08

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.

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Ofis Yem Gidanayi ve Ticaret AS (IST:OFSYM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ofis Yem Gida Sanayi ve Ticaret AS (IST:OFSYM) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mustafa Kemal Mah. Dumlupinar,, Bulv. No:266, Number 15-16 06510, Tepe Prime Business Center Block C, Mezzanine Floor, Ankara District, Çankaya, TUR

Website

https://www.ofisyem.com.tr

Ofis Yem Gida Sanayi ve Ticaret AS operates in the Other Animal Food Manufacturing industry. The company's line of business includes the manufacturing of prepared feeds and feed ingredients for animals and fowls.

Ofis Yem Gidanayi ve Ticaret AS (IST:OFSYM) Headlines

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