Koc Holding AS (Koc Holding AS) Inventory Turnover : 4.79 (As of Dec. 2023)

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What is Koc Holding 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. Koc Holding AS's Cost of Goods Sold for the three months ended in Dec. 2023 was $19,851 Mil. Koc Holding AS's Average Total Inventories for the quarter that ended in Dec. 2023 was $4,140 Mil. Koc Holding AS's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.79.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Koc Holding AS's Days Inventory for the three months ended in Dec. 2023 was 19.03.

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. Koc Holding AS's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.17.

Koc Holding AS Inventory Turnover Historical Data

The historical data trend for Koc Holding 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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Koc Holding AS Inventory Turnover Chart

Koc Holding AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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7.97

6.70

6.75

13.27

7.57

Koc Holding AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															7.55	1.55	2.00	2.56	4.79

Koc Holding AS Inventory Turnover Calculation

Koc Holding 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 )
=	42231.047	/ (	(7178.997	+	3983.337)	/	2 )
=	42231.047	/	5581.167
=	7.57

Koc Holding 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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	19851.102	/ (	(4297.257	+	3983.337)	/	2 )
=	19851.102	/	4140.297
=	4.79

Koc Holding AS (OTCPK:KHOLY) 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.

Koc Holding AS's Days Inventory for the three 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
	=	4140.297	/	19851.102	*	365 / 4
	=	19.03

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.

Koc Holding 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 )
	=	4140.297	/	24703.408
	=	0.17

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.

Koc Holding AS Inventory Turnover Related Terms

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Koc Holding AS (Koc Holding AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Koc Holding AS (OTCPK:KHOLY) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

KCHOL:Turkey KRKA:Germany

Address

Nakkastepe Azizbey Sokak No.1, Kuzguncuk-Uskuda, Uskudar, Istanbul, TUR, 34674

Website

http://www.koc.com.tr

Koc Holding is a Turkish conglomerate. The group's businesses operate in the energy refining, fuel distribution, liquefied petroleum gas distribution, power generation, natural gas, automotive, automotive retailing, farm tractors, defense, white goods, consumer electronics, air conditioning, banking, leasing, REIT, factoring, brokerage, asset-management, consumer finance, food production, food production distribution, do-it-yourself retailing, tourism, marina operations, information technology, and ship and yacht construction industries. The largest segment by sales is energy, containing the fuel distribution, refining, and power generation businesses.

Koc Holding AS (Koc Holding AS) Headlines

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