Alkim Kagitnayi ve Ticaret AS (IST:ALKA) Inventory Turnover : 4.82 (As of Dec. 2023)

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What is Alkim Kagitnayi ve Ticaret AS 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. Alkim Kagitnayi ve Ticaret AS's Cost of Goods Sold for the six months ended in Dec. 2023 was ₺1,844 Mil. Alkim Kagitnayi ve Ticaret AS's Average Total Inventories for the quarter that ended in Dec. 2023 was ₺383 Mil. Alkim Kagitnayi ve Ticaret AS's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alkim Kagitnayi ve Ticaret AS's Days Inventory for the six months ended in Dec. 2023 was 37.89.

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. Alkim Kagitnayi ve Ticaret AS's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.16.

Alkim Kagitnayi ve Ticaret AS Inventory Turnover Historical Data

The historical data trend for Alkim Kagitnayi ve Ticaret AS'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.

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Alkim Kagitnayi ve Ticaret AS Inventory Turnover Chart

Alkim Kagitnayi ve Ticaret AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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6.27

6.24

6.52

8.47

4.82

Alkim Kagitnayi ve Ticaret AS Semi-Annual Data
	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Inventory Turnover	Get a 7-Day Free Trial														6.27	6.24	6.52	8.47	4.82

Alkim Kagitnayi ve Ticaret AS Inventory Turnover Calculation

Alkim Kagitnayi ve Ticaret AS'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 )
=	1844.053	/ (	(490.662	+	275.112)	/	2 )
=	1844.053	/	382.887
=	4.82

Alkim Kagitnayi ve Ticaret AS's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	1844.053	/ (	(490.662	+	275.112)	/	2 )
=	1844.053	/	382.887
=	4.82

Alkim Kagitnayi ve Ticaret AS (IST:ALKA) 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.

Alkim Kagitnayi ve Ticaret AS's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	382.887	/	1844.053	*	365 / 2
	=	37.89

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.

Alkim Kagitnayi ve Ticaret AS's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	382.887	/	2389.692
	=	0.16

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.

Alkim Kagitnayi ve Ticaret AS Inventory Turnover Related Terms

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Alkim Kagitnayi ve Ticaret AS (IST:ALKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Alkim Kagit Sanayi ve Ticaret AS (IST:ALKA) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Kirovakan Mevkii Kemalpasa, Gulab OSB, Izmir, TUR, 35730

Website

http://www.alkimkagit.com.tr

Alkim Kagit Sanayi ve Ticaret AS is a Turkey-based company engaged in the manufacture of paper and paper products. The company's main products are wood-free offset papers, coated papers, office papers and special papers. Alkim Kagit Sanayi ve Ticaret AS sells most of its products in the turkey market. It exports to over 25 countries, especially in Europe. In addition, the Balkan countries, Russia and Africa are part of the company's customer portfolio. Its wood-free offset, coated and office papers are produced in Alkim Paper Production Plants. The firm operates a cogeneration plant that meets its energy requirements.

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