Kerevitas Gidanayi Ve Ticaret AS (IST:KERVT) Total Inventories : ₺3,359 Mil (As of Dec. 2023)

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What is Kerevitas Gidanayi Ve Ticaret AS Total Inventories?

Kerevitas Gidanayi Ve Ticaret AS's total inventories for the quarter that ended in Dec. 2023 was ₺3,359 Mil. Kerevitas Gidanayi Ve Ticaret AS's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was ₺2,782 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Kerevitas Gidanayi Ve Ticaret AS's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₺-8.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kerevitas Gidanayi Ve Ticaret AS's Days Inventory for the three months ended in Dec. 2023 was 36.60.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kerevitas Gidanayi Ve Ticaret AS's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.49.

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. Kerevitas Gidanayi Ve Ticaret AS's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.34.

Kerevitas Gidanayi Ve Ticaret AS Total Inventories Historical Data

The historical data trend for Kerevitas Gidanayi 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.

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Kerevitas Gidanayi Ve Ticaret AS Total Inventories Chart

Kerevitas Gidanayi Ve Ticaret AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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417.53

612.88

2,662.32

3,162.71

3,358.50

Kerevitas Gidanayi Ve Ticaret AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial															3,162.71	2,036.44	2,353.76	2,205.92	3,358.50

Kerevitas Gidanayi 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.

Kerevitas Gidanayi Ve Ticaret AS (IST:KERVT) 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.

Kerevitas Gidanayi Ve Ticaret AS's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(44.398	+	0.75 * 2661.663	+	0.5 * 3358.503	-	8837.267
-	0	-	354.718)	/	662.000
=	-8.27

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

Kerevitas Gidanayi Ve Ticaret AS's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	2782.2135	/	6936.765	*	365 / 4
	=	36.60

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

Kerevitas Gidanayi Ve Ticaret AS's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	6936.765	/	2782.2135
	=	2.49

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.

Kerevitas Gidanayi Ve Ticaret AS's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	2782.2135	/	8252.16
	=	0.34

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.

Kerevitas Gidanayi Ve Ticaret AS Total Inventories Related Terms

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Kerevitas Gidanayi Ve Ticaret AS (IST:KERVT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kerevitas Gida Sanayi Ve Ticaret AS (IST:KERVT) » Definitions » Total Inventories

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Address

Kisikli Mahallesi Yenisen Sokak Yildiz Holding, B Blok Apt. No: 8 B/1, Uskudar, Istanbul, TUR

Website

http://www.kerevitas.com.tr

Kerevitas Gida Sanayi Ve Ticaret AS is a Turkey-based company involved in retail and export processed and packaged food products. It offers various products comprising Cheese Puff Pastry, Cheese and Honey Pastry Pie, Feta Cheese Rolls, Millefeuille, Mini Pide With Cheese and Mini Rolls with Cheese among others. The company's operating segment include Frozen and Canned and Edible Oil. It generates maximum revenue from the Edible Oil segment. The company exports its product to Africa; Asia; Europe; South America; North America and Oceania.

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