Qua Granite (IST:QUAGR) Change In Inventory : ₺-252 Mil (TTM As of Dec. 2023)

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What is Qua Granite Change In Inventory?

Qua Granite's change in inventory for the quarter that ended in Dec. 2023 was ₺296 Mil. It means Qua Granite's inventory declined by ₺296 Mil from Sep. 2023 to Dec. 2023 .

Qua Granite's change in inventory for the fiscal year that ended in Dec. 2023 was ₺-252 Mil. It means Qua Granite's inventory increased by ₺252 Mil from Dec. 2022 to Dec. 2023 .

Qua Granite's Total Inventories for the quarter that ended in Dec. 2023 was ₺2,073 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Qua Granite's Days Inventory for the quarter that ended in Dec. 2023 was 61.28.

Inventory Turnover measures how fast the company turns over its inventory within a year. Qua Granite's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.49.

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. Qua Granite's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.54.

Qua Granite Change In Inventory Historical Data

The historical data trend for Qua Granite'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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Qua Granite Change In Inventory Chart

Qua Granite Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-15.99

-144.53

-953.07

-252.29

Qua Granite Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial												-400.08	-360.66	48.08	-235.77	296.07

Qua Granite 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-252 Mil.

Qua Granite (IST:QUAGR) Change In Inventory Explanation

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

Qua Granite's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1826.273	/	2719.246	*	365 / 4
	=	61.28

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

Qua Granite's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2719.246	/	1826.273
	=	1.49

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.

Qua Granite's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1826.273	/	3394.411
	=	0.54

Qua Granite Change In Inventory Related Terms

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Qua Granite (IST:QUAGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Qua Granite (IST:QUAGR) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

Soke Organize Sanayi Bölgesi Mah, 4. Sokak No. 1 Söke, Aydin, TUR

Website

https://www.qua.com.tr

Qua Granite is involved in the activity of production and sale of ceramics tiles, floor tiles, granite and other faience materials.

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