Turk Hava Yollari AO (Turk Hava Yollari AO) Change In Inventory : $-51 Mil (TTM As of Mar. 2024)

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What is Turk Hava Yollari AO Change In Inventory?

Turk Hava Yollari AO's change in inventory for the quarter that ended in Mar. 2024 was $-28 Mil. It means Turk Hava Yollari AO's inventory increased by $28 Mil from Dec. 2023 to Mar. 2024 .

Turk Hava Yollari AO's change in inventory for the fiscal year that ended in Dec. 2023 was $-32 Mil. It means Turk Hava Yollari AO's inventory increased by $32 Mil from Dec. 2022 to Dec. 2023 .

Turk Hava Yollari AO's Total Inventories for the quarter that ended in Mar. 2024 was $454 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Turk Hava Yollari AO's Days Inventory for the quarter that ended in Mar. 2024 was 9.36.

Inventory Turnover measures how fast the company turns over its inventory within a year. Turk Hava Yollari AO's Inventory Turnover for the quarter that ended in Mar. 2024 was 9.75.

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. Turk Hava Yollari AO's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.09.

Turk Hava Yollari AO Change In Inventory Historical Data

The historical data trend for Turk Hava Yollari AO's Change In Inventory 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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Turk Hava Yollari AO Change In Inventory Chart

Turk Hava Yollari AO Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-95.29

-15.00

28.95

-56.18

-32.27

Turk Hava Yollari AO Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-9.00	-18.00	-1.00	-4.27	-28.00

Turk Hava Yollari AO Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-51 Mil.

Turk Hava Yollari AO (OTCPK:TKHVY) Change In Inventory Explanation

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

Turk Hava Yollari AO's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	435.4505	/	4245	*	365 / 4
	=	9.36

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

Turk Hava Yollari AO's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4245	/	435.4505
	=	9.75

3. 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.

Turk Hava Yollari AO's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	435.4505	/	4769
	=	0.09

Turk Hava Yollari AO Change In Inventory Related Terms

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Turk Hava Yollari AO (Turk Hava Yollari AO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Turk Hava Yollari AO (OTCPK:TKHVY) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

THYAO:Turkey TU5A:Germany

Address

Havaalani Cad. No: 3/1, Genel Yonetim Binasi, 9th Floor, Yesilkoy, Bakirkoy, Istanbul, TUR, 34149

Website

https://www.turkishairlines.com

Turk Hava Yollari AO is a Turkish airline operator. It has one of the largest flight networks in the world, and transports passengers to many different regions. Additionally, it can provide long-haul direct cargo flights, and other logistics to serve a diverse range of customers. It has two operating segments: air transportation and aircraft technical maintenance operations. The majority of revenue is generated from transferring passengers and cargo (air transportation segment). The company owns several hangars to perform maintenance on different types of aircraft. Its geographical segments are Asia & Far East, Europe, Americas, Africa, and Middle East.