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Turk Traktor ve Ziraat Makineleri AS (IST:TTRAK) Total Inventories : ₺9,744 Mil (As of Dec. 2024)


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What is Turk Traktor ve Ziraat Makineleri AS Total Inventories?

Turk Traktor ve Ziraat Makineleri AS's total inventories for the quarter that ended in Dec. 2024 was ₺9,744 Mil. Turk Traktor ve Ziraat Makineleri AS's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was ₺10,210 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Turk Traktor ve Ziraat Makineleri AS's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ₺-42.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Turk Traktor ve Ziraat Makineleri AS's Days Inventory for the three months ended in Dec. 2024 was 59.68.

Inventory Turnover measures how fast the company turns over its inventory within a year. Turk Traktor ve Ziraat Makineleri AS's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.53.

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. Turk Traktor ve Ziraat Makineleri AS's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.59.


Turk Traktor ve Ziraat Makineleri AS Total Inventories Historical Data

The historical data trend for Turk Traktor ve Ziraat Makineleri 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.

Turk Traktor ve Ziraat Makineleri AS Total Inventories Chart

Turk Traktor ve Ziraat Makineleri AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 870.86 1,739.36 6,332.69 12,554.76 9,743.56

Turk Traktor ve Ziraat Makineleri AS Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 12,554.76 10,032.56 9,812.64 10,675.55 9,743.56

Turk Traktor ve Ziraat Makineleri 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.


Turk Traktor ve Ziraat Makineleri AS  (IST:TTRAK) 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.

Turk Traktor ve Ziraat Makineleri AS's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6623.894+0.75 * 4331.146+0.5 * 9743.557-18965.952
-0-0)/100.067
=-42.19

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

Turk Traktor ve Ziraat Makineleri AS's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=10209.552/15610.149*365 / 4
=59.68

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

Turk Traktor ve Ziraat Makineleri AS's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=15610.149 / 10209.552
=1.53

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.

Turk Traktor ve Ziraat Makineleri AS's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=10209.552 / 17398.6
=0.59

* 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.


Turk Traktor ve Ziraat Makineleri AS Total Inventories Related Terms

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Turk Traktor ve Ziraat Makineleri AS Business Description

Traded in Other Exchanges
N/A
Address
Gazi Mahallesi Anadolu Boulevard No: 52 - 52A, Yenimahalle, Ankara, TUR, 06560
Turk Traktor ve Ziraat Makineleri AS is one of the largest tractor manufacturers in Turkey. It sells tractors, combine harvesters, planters, cotton pickers, and other agricultural machinery and equipment. The company's worldwide sales and marketing network generates recurring aftermarket sales and showcases new features in product development. Plants are equipped with gear and heat treatment facilities, specialized machines, engine manufacturing facilities, paint shops, and assembly lines. The company also operates quality control labs, testing equipment, and incorporates research and development to design and produce innovative solutions. Most parts and components are manufactured internally, but the company may use third parties to meet international quality standards.

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