Reeder Teknolojinayi ve Ticaret AS (IST:REEDR) Total Inventories : ₺675 Mil (As of Mar. 2024)

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What is Reeder Teknolojinayi ve Ticaret AS Total Inventories?

Reeder Teknolojinayi ve Ticaret AS's total inventories for the quarter that ended in Mar. 2024 was ₺675 Mil. Reeder Teknolojinayi ve Ticaret AS's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ₺478 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Reeder Teknolojinayi ve Ticaret AS's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₺0.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Reeder Teknolojinayi ve Ticaret AS's Days Inventory for the three months ended in Mar. 2024 was 222.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. Reeder Teknolojinayi ve Ticaret AS's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.41.

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. Reeder Teknolojinayi ve Ticaret AS's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.99.

Reeder Teknolojinayi ve Ticaret AS Total Inventories Historical Data

The historical data trend for Reeder Teknolojinayi 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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Reeder Teknolojinayi ve Ticaret AS Total Inventories Chart

Reeder Teknolojinayi ve Ticaret AS Annual Data

Trend

Dec20

Dec21

Dec22

Total Inventories

10.89

24.15

71.07

Reeder Teknolojinayi ve Ticaret AS Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial						-	104.83	159.28	281.18	675.39

Reeder Teknolojinayi 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.

Reeder Teknolojinayi ve Ticaret AS (IST:REEDR) 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.

Reeder Teknolojinayi ve Ticaret AS's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1185.804	+	0.75 * 1491.37	+	0.5 * 675.391	-	2068.572
-	0	-	84.558)	/	950
=	0.51

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

Reeder Teknolojinayi ve Ticaret AS's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	478.284	/	196.595	*	365 / 4
	=	222.00

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

Reeder Teknolojinayi ve Ticaret AS's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	196.595	/	478.284
	=	0.41

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.

Reeder Teknolojinayi ve Ticaret AS's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	478.284	/	482.357
	=	0.99

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.

Reeder Teknolojinayi ve Ticaret AS Total Inventories Related Terms

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Reeder Teknolojinayi ve Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Reeder Teknoloji Sanayi ve Ticaret AS (IST:REEDR) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Incesu Mah., S?r?ncak Caddesi No:100, Atakum District, Samsun, TUR

Website

https://www.reeder.com.tr

Reeder Teknoloji Sanayi ve Ticaret AS is a company engaged in producing electronic products which are smart mobile phones, robot vacuum cleaner, smart watches, smart television and tablet. The company generates revenue by sales of mobile phones, tablets, robot vacuum cleaners, smart watches and accessories.

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