Magyar Telekom (BUD:MTELEKOM) Inventory Turnover : 2.85 (As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Magyar Telekom Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Magyar Telekom's Cost of Goods Sold for the three months ended in Mar. 2024 was Ft88,771 Mil. Magyar Telekom's Average Total Inventories for the quarter that ended in Mar. 2024 was Ft31,137 Mil. Magyar Telekom's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Magyar Telekom's Days Inventory for the three months ended in Mar. 2024 was 32.01.

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. Magyar Telekom's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.14.

Magyar Telekom Inventory Turnover Historical Data

The historical data trend for Magyar Telekom's Inventory Turnover 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.

Magyar Telekom Inventory Turnover Chart

Magyar Telekom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

15.01

15.56

16.70

14.94

12.34

Magyar Telekom Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															3.04	3.12	3.37	3.66	2.85

Magyar Telekom Inventory Turnover Calculation

Magyar Telekom's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	356319	/ (	(25344	+	32428)	/	2 )
=	356319	/	28886
=	12.34

Magyar Telekom's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	88771	/ (	(32428	+	29845)	/	2 )
=	88771	/	31136.5
=	2.85

Magyar Telekom (BUD:MTELEKOM) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Magyar Telekom's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	31136.5	/	88771	*	365 / 4
	=	32.01

2. 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.

Magyar Telekom's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	31136.5	/	224229
	=	0.14

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Magyar Telekom Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Magyar Telekom's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Magyar Telekom (BUD:MTELEKOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Magyar Telekom PLC (BUD:MTELEKOM) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

MYTAY:USA MGYB:Germany

Address

Konyves Kalman Korut. 36, Budapest, HUN, 1097

Website

https://www.telekom.hu

Magyar Telekom PLC is a telecommunications company that operates in two segments: MT-Hungary and North Macedonia. MT Hungary supplies mobile, information communication, television distribution, and system integration services to both business and residential consumers in Hungary. The North Macedonia segment expands the company's mobile and fixed-line telecommunication services across North Macedonia. Magyar controls the largest share of the Hungarian telecom market and has a footprint in Macedonia, Bulgaria, and Romania. The company receives most of its revenue from Hungary.

Magyar Telekom (BUD:MTELEKOM) Headlines

No Headlines