Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS (IST:MNDTR) Inventory Turnover : 6.70 (As of Dec. 2022)

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What is Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi 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. Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Cost of Goods Sold for the six months ended in Dec. 2022 was ₺6,360 Mil. Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Average Total Inventories for the quarter that ended in Dec. 2022 was ₺949 Mil. Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Inventory Turnover for the quarter that ended in Dec. 2022 was 6.70.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Days Inventory for the six months ended in Dec. 2022 was 27.23.

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. Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.12.

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS Inventory Turnover Historical Data

The historical data trend for Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi 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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Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS Inventory Turnover Chart

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec21

Dec22

Inventory Turnover

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6.20

6.59

7.06

6.69

6.70

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec21	Dec22
Inventory Turnover	Get a 7-Day Free Trial					6.20	6.59	7.06	6.69	6.70

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS Inventory Turnover Calculation

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi 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 )
=	6360.228	/ (	(853.195	+	1044.617)	/	2 )
=	6360.228	/	948.906
=	6.70

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

	Inventory Turnover (Q: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2022 )	/ (	(Total Inventories (Q: Dec. 2021 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )
=	6360.228	/ (	(853.195	+	1044.617)	/	2 )
=	6360.228	/	948.906
=	6.70

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS (IST:MNDTR) 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.

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Days Inventory for the six 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
	=	948.906	/	6360.228	*	365 / 2
	=	27.23

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.

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi 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 )
	=	948.906	/	8110.333
	=	0.12

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.

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS Inventory Turnover Related Terms

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Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS (IST:MNDTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Mondi Turkey Oluklu Mukavva Kagit ve Ambalaj Sanayi AS (IST:MNDTR) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yolu Uzeri No:28, Toki Mahallesi, Odemis, Tire, Izmir, TUR, 35900

Website

https://www.mondigroup.com.tr

Mondi Turkey Oluklu Mukavva Kagit ve Ambalaj Sanayi AS is engaged in the supply of paper and its packaging with operations across different countries. The company has experience in packaging design and print/materials choice.

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