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Tupras-Turkiye Petrol Rafineleri AS (IST:TUPRS) Total Inventories : ₺65,861 Mil (As of Jun. 2024)


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What is Tupras-Turkiye Petrol Rafineleri AS Total Inventories?

Tupras-Turkiye Petrol Rafineleri AS's total inventories for the quarter that ended in Jun. 2024 was ₺65,861 Mil. Tupras-Turkiye Petrol Rafineleri AS's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Jun. 2024 was ₺64,271 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Tupras-Turkiye Petrol Rafineleri AS's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was ₺-22.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tupras-Turkiye Petrol Rafineleri AS's Days Inventory for the three months ended in Jun. 2024 was 33.84.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tupras-Turkiye Petrol Rafineleri AS's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.70.

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. Tupras-Turkiye Petrol Rafineleri AS's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.34.


Tupras-Turkiye Petrol Rafineleri AS Total Inventories Historical Data

The historical data trend for Tupras-Turkiye Petrol Rafineleri 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.

Tupras-Turkiye Petrol Rafineleri AS Total Inventories Chart

Tupras-Turkiye Petrol Rafineleri 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 9,562.38 7,790.29 23,817.66 59,591.34 44,765.96

Tupras-Turkiye Petrol Rafineleri AS Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 39,586.87 52,361.49 44,765.96 62,682.27 65,860.53

Tupras-Turkiye Petrol Rafineleri 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.


Tupras-Turkiye Petrol Rafineleri AS  (IST:TUPRS) 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.

Tupras-Turkiye Petrol Rafineleri AS's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

Net-Net Working Capital Per Share (Q: Jun. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(75746.492+0.75 * 44951.907+0.5 * 65860.529-182844.424
-0-2981.817)/1926.8
=-22.54

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

Tupras-Turkiye Petrol Rafineleri AS's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=64271.4015/173283.8*365 / 4
=33.84

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

Tupras-Turkiye Petrol Rafineleri AS's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=173283.8 / 64271.4015
=2.70

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.

Tupras-Turkiye Petrol Rafineleri AS's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=64271.4015 / 190715.672
=0.34

* 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.


Tupras-Turkiye Petrol Rafineleri AS Total Inventories Related Terms

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Tupras-Turkiye Petrol Rafineleri AS Business Description

Traded in Other Exchanges
N/A
Address
Guney Mahallesi, Petrol Caddesi No:25, Korfez, Kocaeli, TUR, 41790
Tupras-Turkiye Petrol Rafineleri AS provides and refines crude oil through Turkish and international refineries. It also operates petrochemical factories and facilities. The company's complete line of products includes liquefied petroleum gas(LPG), fuel oil, waxes and extracts, bitumen, and other products. In addition to refining and producing products, the firm engages in the purchase, sell, import, export, store, marketing, and distribution of a variety of petroleum products. Distribution is completed through a network of foreign and domestic wholesalers and retailers. The majority of sales from refineries are domestic.

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