Zedur Enerji Elektrik Uretim AS (IST:ZEDUR) Inventory Turnover : 23.58 (As of Dec. 2022)

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What is Zedur Enerji Elektrik Uretim 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. Zedur Enerji Elektrik Uretim AS's Cost of Goods Sold for the six months ended in Dec. 2022 was ₺44.99 Mil. Zedur Enerji Elektrik Uretim AS's Average Total Inventories for the quarter that ended in Dec. 2022 was ₺1.91 Mil. Zedur Enerji Elektrik Uretim AS's Inventory Turnover for the quarter that ended in Dec. 2022 was 23.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zedur Enerji Elektrik Uretim AS's Days Inventory for the six months ended in Dec. 2022 was 7.74.

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. Zedur Enerji Elektrik Uretim AS's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.03.

Zedur Enerji Elektrik Uretim AS Inventory Turnover Historical Data

The historical data trend for Zedur Enerji Elektrik Uretim 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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Zedur Enerji Elektrik Uretim AS Inventory Turnover Chart

Zedur Enerji Elektrik Uretim AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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78.17

122.65

2.70

23.58

Zedur Enerji Elektrik Uretim AS Semi-Annual Data
	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Inventory Turnover	Get a 7-Day Free Trial								78.17	122.65	-	2.70	23.58

Zedur Enerji Elektrik Uretim AS Inventory Turnover Calculation

Zedur Enerji Elektrik Uretim 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 )
=	44.991	/ (	(2.545	+	1.271)	/	2 )
=	44.991	/	1.908
=	23.58

Zedur Enerji Elektrik Uretim 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 )
=	44.991	/ (	(2.545	+	1.271)	/	2 )
=	44.991	/	1.908
=	23.58

Zedur Enerji Elektrik Uretim AS (IST:ZEDUR) 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.

Zedur Enerji Elektrik Uretim 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
	=	1.908	/	44.991	*	365 / 2
	=	7.74

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.

Zedur Enerji Elektrik Uretim 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 )
	=	1.908	/	74.501
	=	0.03

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.

Zedur Enerji Elektrik Uretim AS Inventory Turnover Related Terms

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Zedur Enerji Elektrik Uretim AS (IST:ZEDUR) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Zedur Enerji Elektrik Uretim AS (IST:ZEDUR) » Definitions » Inventory Turnover

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Address

Cankaya Mah. Cankaya Caddesi No: 28 - 5, Cankaya, Ankara, TUR

Website

https://www.zedur.net

Zedur Enerji Elektrik Uretim AS focuses on the energy and construction sectors. The company is engaged in electricity generation, distribution and sales. It also specializes in the construction of mass housing, office building, commercial center, shopping mall, factory, luxury hotels, and holiday village buildings as well as in the contracting sector, especially in infrastructure, canal, sewer, and tunnel construction projects.

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