Petkim Petrokimya Holding AS (IST:PETKM) Change In Inventory : ₺1,825 Mil (TTM As of Mar. 2024)

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What is Petkim Petrokimya Holding AS Change In Inventory?

Petkim Petrokimya Holding AS's change in inventory for the quarter that ended in Mar. 2024 was ₺1,225 Mil. It means Petkim Petrokimya Holding AS's inventory declined by ₺1,225 Mil from Dec. 2023 to Mar. 2024 .

Petkim Petrokimya Holding AS's change in inventory for the fiscal year that ended in Dec. 2023 was ₺1,655 Mil. It means Petkim Petrokimya Holding AS's inventory declined by ₺1,655 Mil from Dec. 2022 to Dec. 2023 .

Petkim Petrokimya Holding AS's Total Inventories for the quarter that ended in Mar. 2024 was ₺5,948 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Petkim Petrokimya Holding AS's Days Inventory for the quarter that ended in Mar. 2024 was 33.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. Petkim Petrokimya Holding AS's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.76.

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. Petkim Petrokimya Holding AS's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.36.

Petkim Petrokimya Holding AS Change In Inventory Historical Data

The historical data trend for Petkim Petrokimya Holding AS's Change In Inventory 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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Petkim Petrokimya Holding AS Change In Inventory Chart

Petkim Petrokimya Holding AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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236.71

-7.97

-2,535.41

2,869.54

1,654.73

Petkim Petrokimya Holding AS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															1,054.73	-1,290.12	-374.99	2,265.12	1,224.75

Petkim Petrokimya Holding AS Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺1,825 Mil.

Petkim Petrokimya Holding AS (IST:PETKM) Change In Inventory Explanation

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

Petkim Petrokimya Holding AS's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	6044.53	/	16681.468	*	365 / 4
	=	33.06

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

Petkim Petrokimya Holding AS's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	16681.468	/	6044.53
	=	2.76

3. 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.

Petkim Petrokimya Holding AS's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6044.53	/	16567.964
	=	0.36

Petkim Petrokimya Holding AS Change In Inventory Related Terms

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Petkim Petrokimya Holding AS (IST:PETKM) Business Description

Industry

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Traded in Other Exchanges

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Address

Aliaga, P.O. Box 12, Izmir, TUR, 35800

Website

http://www.petkim.com.tr

Petkim Petrokimya Holding AS is a holding company, which through its subsidiaries, manufactures and sells a variety of petrochemicals, specialty chemicals, plastics, and chemical-based products. The firm's product portfolio includes polyvinyl chloride, or PVC, used in construction, polypropylene, polyethylene, glycols, and ethylene. The company's products are used in soaps, detergents, textiles, food and beverage packaging, retail goods packaging, water treatment, and airplane and railway de-icing. The vast majority of revenue comes from Turkey.

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