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Menderes Tekstilnayi ve Ticaret AS (IST:MNDRS) Total Inventories : ₺1,579 Mil (As of Sep. 2023)


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What is Menderes Tekstilnayi ve Ticaret AS Total Inventories?

Menderes Tekstilnayi ve Ticaret AS's total inventories for the quarter that ended in Sep. 2023 was ₺1,579 Mil. Menderes Tekstilnayi ve Ticaret AS's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was ₺1,602 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Menderes Tekstilnayi ve Ticaret AS's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₺-9.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Menderes Tekstilnayi ve Ticaret AS's Days Inventory for the three months ended in Sep. 2023 was 121.72.

Inventory Turnover measures how fast the company turns over its inventory within a year. Menderes Tekstilnayi ve Ticaret AS's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.75.

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. Menderes Tekstilnayi ve Ticaret AS's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 1.02.


Menderes Tekstilnayi ve Ticaret AS Total Inventories Historical Data

The historical data trend for Menderes Tekstilnayi ve Ticaret AS's Total Inventories 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.

Menderes Tekstilnayi ve Ticaret AS Total Inventories Chart

Menderes Tekstilnayi ve Ticaret AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 345.65 470.03 507.99 692.54 1,735.60

Menderes Tekstilnayi ve Ticaret AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,661.91 1,735.60 1,683.25 1,624.03 1,578.99

Menderes Tekstilnayi ve Ticaret AS Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Menderes Tekstilnayi ve Ticaret AS  (IST:MNDRS) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Menderes Tekstilnayi ve Ticaret AS's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(422.038+0.75 * 961.867+0.5 * 1578.989-4188.106
-0-48.545)/250
=-9.21

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

Menderes Tekstilnayi ve Ticaret 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
=1601.508/1200.571*365 / 4
=121.72

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Menderes Tekstilnayi ve Ticaret AS's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=1200.571 / 1601.508
=0.75

4. 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.

Menderes Tekstilnayi ve Ticaret 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 )
=1601.508 / 1570.512
=1.02

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


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Menderes Tekstilnayi ve Ticaret AS (IST:MNDRS) Business Description

Traded in Other Exchanges
N/A
Address
Üniversite Cad. No:84, Bornova, Izmir, TUR
Menderes Tekstil Sanayi ve Ticaret AS is a textile company. It is engaged in the manufacturing of beddings, linens, pillow cases, sleep sets, tablecloths, 100% woven and knitted fabrics, polyester and cotton mix fabrics, draperies, collar linings, and fusible garment linings. The company's products are categorized into three which are Home textile products consisting of bedding sets to sleep sets, curtains, baby sets and printed fabrics, Upholstery fabrics, including slipcovers and Lining and interlining comprising of semi-finished products. The company operates under two brands which include La Notte and SNT.

Menderes Tekstilnayi ve Ticaret AS (IST:MNDRS) Headlines

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