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CEO Event Medya AS (IST:CEOEM) Inventory Turnover : 0.00 (As of Sep. 2023)


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What is CEO Event Medya 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. CEO Event Medya AS's Cost of Goods Sold for the three months ended in Sep. 2023 was ₺32.9 Mil. CEO Event Medya AS's Average Total Inventories for the quarter that ended in Sep. 2023 was ₺0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CEO Event Medya AS's Days Inventory for the three months ended in Sep. 2023 was 0.00.

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. CEO Event Medya AS's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.


CEO Event Medya AS Inventory Turnover Historical Data

The historical data trend for CEO Event Medya 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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CEO Event Medya AS Inventory Turnover Chart

CEO Event Medya AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory Turnover
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CEO Event Medya AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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CEO Event Medya AS Inventory Turnover Calculation

CEO Event Medya 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 )
=213.619 / ((0 + 0) / 1 )
=213.619 / 0
=N/A

CEO Event Medya 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 )
=32.851 / ((0 + 0) / 1 )
=32.851 / 0
=N/A

* 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.


CEO Event Medya AS  (IST:CEOEM) 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.

CEO Event Medya 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
=0/32.851*365 / 4
=0.00

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.

CEO Event Medya 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 )
=0 / 34.645
=0.00

* 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.


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.


CEO Event Medya AS Inventory Turnover Related Terms

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CEO Event Medya AS (IST:CEOEM) Business Description

Traded in Other Exchanges
N/A
Address
Koza Business Center B-Blok 12/17, Balmumcu Mh. Morbasan Sk., Besiktas, Istanbul, TUR
CEO Event Medya AS is a Turkey based company involved in the event management business. It focuses on the six main dimensions of event management which are Congress, Sports, Entertainment, Fair, Design and Corporate areas.

CEO Event Medya AS (IST:CEOEM) Headlines

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