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TEK-ART Turizm Zigana AS (IST:TEKTU) Total Inventories : ₺0.64 Mil (As of Dec. 2022)


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What is TEK-ART Turizm Zigana AS Total Inventories?

TEK-ART Turizm Zigana AS's total inventories for the quarter that ended in Dec. 2022 was ₺0.64 Mil. TEK-ART Turizm Zigana AS's average total inventories from the quarter that ended in Sep. 2022 to the quarter that ended in Dec. 2022 was ₺0.75 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. TEK-ART Turizm Zigana AS's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was ₺-2.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TEK-ART Turizm Zigana AS's Days Inventory for the three months ended in Dec. 2022 was 32.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. TEK-ART Turizm Zigana AS's Inventory Turnover for the quarter that ended in Dec. 2022 was 2.83.

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. TEK-ART Turizm Zigana AS's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.17.


TEK-ART Turizm Zigana AS Total Inventories Historical Data

The historical data trend for TEK-ART Turizm Zigana 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.

TEK-ART Turizm Zigana AS Total Inventories Chart

TEK-ART Turizm Zigana 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 0.70 0.40 0.19 0.32 0.64

TEK-ART Turizm Zigana AS Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 0.32 0.33 1.01 0.86 0.64

TEK-ART Turizm Zigana 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.


TEK-ART Turizm Zigana AS  (IST:TEKTU) 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.

TEK-ART Turizm Zigana AS's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 is

Net-Net Working Capital Per Share (Q: Dec. 2022 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(250.942+0.75 * 12.527+0.5 * 0.635-878.516
-0-0)/299.989
=-2.06

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

TEK-ART Turizm Zigana AS's Days Inventory for the three months ended in Dec. 2022 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2022 )/Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=0.745/2.112*365 / 4
=32.19

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

TEK-ART Turizm Zigana AS's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2022 ) / Average Total Inventories (Q: Dec. 2022 )
=2.112 / 0.745
=2.83

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.

TEK-ART Turizm Zigana AS's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2022 ) / Revenue (Q: Dec. 2022 )
=0.745 / 4.297
=0.17

* 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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TEK-ART Turizm Zigana AS (IST:TEKTU) Business Description

Traded in Other Exchanges
N/A
Address
Halkali Cad No: 259, Sefakoy - K. Cekmece, Istanbul, TUR
TEK-ART Turizm Zigana AS is engaged in tourism, and leisure and entertainment sectors. It manages and invests in hotels, holiday villages, golf courses, restaurants, entertainment facilities, beaches, theme parks, and marinas.

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