Cemas Dokumnayi AS (IST:CEMAS) Inventory Turnover : 1.09 (As of Sep. 2023)

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What is Cemas Dokumnayi 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. Cemas Dokumnayi AS's Cost of Goods Sold for the three months ended in Sep. 2023 was ₺228 Mil. Cemas Dokumnayi AS's Average Total Inventories for the quarter that ended in Sep. 2023 was ₺208 Mil. Cemas Dokumnayi AS's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cemas Dokumnayi AS's Days Inventory for the three months ended in Sep. 2023 was 83.59.

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. Cemas Dokumnayi AS's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.68.

Cemas Dokumnayi AS Inventory Turnover Historical Data

The historical data trend for Cemas Dokumnayi 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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Cemas Dokumnayi AS Inventory Turnover Chart

Cemas Dokumnayi AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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5.05

5.93

5.35

5.55

5.28

Cemas Dokumnayi AS Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															1.50	1.21	1.66	1.18	1.09

Cemas Dokumnayi AS Inventory Turnover Calculation

Cemas Dokumnayi AS's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	602.515	/ (	(60.312	+	168.025)	/	2 )
=	602.515	/	114.1685
=	5.28

Cemas Dokumnayi AS's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	227.559	/ (	(181.852	+	235.067)	/	2 )
=	227.559	/	208.4595
=	1.09

Cemas Dokumnayi AS (IST:CEMAS) 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.

Cemas Dokumnayi AS's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	208.4595	/	227.559	*	365 / 4
	=	83.59

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.

Cemas Dokumnayi AS's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	208.4595	/	305.942
	=	0.68

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.

Cemas Dokumnayi AS Inventory Turnover Related Terms

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Cemas Dokumnayi AS (IST:CEMAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Cemas Dokum Sanayi AS (IST:CEMAS) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Ankara Asfalti 12. Km, Kirsehir, TUR, 40100

Website

http://www.cemas.com.tr

Cemas Dokum Sanayi AS is a Turkey-based company engages in the production of grey cast iron, nodular cast iron, and high chromium steel casting.

Cemas Dokumnayi AS (IST:CEMAS) Headlines

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