MNGA (MNG Havayollari ve Tasimacilik AS) Total Inventories: $4.46 Mil (As of Dec. 2022)

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What is MNG Havayollari ve Tasimacilik AS Total Inventories?

MNG Havayollari ve Tasimacilik AS MNGA Total Inventories is $4.46 Mil as of Dec. 2022.

MNG Havayollari ve Tasimacilik AS's total inventories for the quarter that ended in Dec. 2022 was $4.46 Mil. MNG Havayollari ve Tasimacilik AS's average total inventories from the quarter that ended in Sep. 2022 to the quarter that ended in Dec. 2022 was $4.62 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. MNG Havayollari ve Tasimacilik AS's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was $-1.76.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MNG Havayollari ve Tasimacilik AS's Days Inventory for the three months ended in Dec. 2022 was 5.33.

Inventory Turnover measures how fast the company turns over its inventory within a year. MNG Havayollari ve Tasimacilik AS's Inventory Turnover for the quarter that ended in Dec. 2022 was 17.13.

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. MNG Havayollari ve Tasimacilik AS's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.04.


MNG Havayollari ve Tasimacilik AS  (NYSE:MNGA) 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.

MNG Havayollari ve Tasimacilik AS's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 is

Net-Net Working Capital Per Share (Q: Dec. 2022 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(24.973+0.75 * 19.581+0.5 * 4.464-154.696
-0-0)/63.930
=-1.76

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

MNG Havayollari ve Tasimacilik AS's Days Inventory for the three months ended in Dec. 2022 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2022 )/Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=4.6175/79.105*365 / 4
=5.33

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

MNG Havayollari ve Tasimacilik AS's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2022 ) / Average Total Inventories (Q: Dec. 2022 )
=79.105 / 4.6175
=17.13

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.

MNG Havayollari ve Tasimacilik AS's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2022 ) / Revenue (Q: Dec. 2022 )
=4.6175 / 105.729
=0.04

* 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.


MNG Havayollari ve Tasimacilik AS Total Inventories Related Terms


MNG Havayollari ve Tasimacilik AS Total Inventories Historical Data

* Premium members only.

The historical data trend for MNG Havayollari ve Tasimacilik 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.

MNG Havayollari ve Tasimacilik AS Total Inventories Chart

MNG Havayollari ve Tasimacilik AS Annual Data
Trend Dec20 Dec21 Dec22
Total Inventories
2.37 2.96 4.46

MNG Havayollari ve Tasimacilik AS Quarterly Data
Dec20 Dec21 Sep22 Dec22
Total Inventories 2.37 2.96 4.77 4.46

MNG Havayollari ve Tasimacilik 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $4.46 Mil mean?
MNG Havayollari ve Tasimacilik AS (MNGA) has a Total Inventories of $4.46 Mil as of Dec. 2022. The total amount of inventory as recorded on a company's balance sheet. View historical data for MNG Havayollari ve Tasimacilik AS and its competitors.
Is MNG Havayollari ve Tasimacilik AS's Total Inventories too high?
MNG Havayollari ve Tasimacilik AS's current Total Inventories is $4.46 Mil.
How does MNG Havayollari ve Tasimacilik AS's Total Inventories compare to ?
MNG Havayollari ve Tasimacilik AS's Total Inventories of $4.46 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Transportation company?
A good Total Inventories depends on the Transportation industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for MNG Havayollari ve Tasimacilik AS and its competitors. MNG Havayollari ve Tasimacilik AS's current Total Inventories is $4.46 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MNG Havayollari ve Tasimacilik AS stock overvalued right now?
MNG Havayollari ve Tasimacilik AS (MNGA) has a current Total Inventories of $4.46 Mil. The current Total Inventories is $4.46 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For MNG Havayollari ve Tasimacilik AS (MNGA), the current Total Inventories is $4.46 Mil as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

MNG Havayollari ve Tasimacilik AS Business Description

Comparable Companies
Address WOW Convention Center ?DTM, Yesilkoy/Bakirkoy, Istanbul, TUR, 34149
MNG Havayollari ve Tasimacilik AS is an independent logistics provider mainly in the EMEA region and a global e-commerce enabler. Its service offerings include scheduled and block space, charter, ACMI, special cargo, warehouse, handling and technical services. MNG's diversified business model provides MNG with a competitive advantage in the air cargo market, as it gives MNG the opportunity to provide customized services to its customers in accordance with needs and expectations. The company recognizes revenue for its global multimodal operations based on the origin of transported cargo carried on each flight.