Mavi Giyim Sanayi ve Ticaret AS Q1 2022 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Mustafa Kntnkmeral - Ak Yatirim - Analyst : Sure. Hi, and congratulations on the impressive results. I'd like to ask your inflation and FX assumptions you use to formulate your 2022 guidance. REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. JUNE 10, 2022 / NTS, MAVI.IS - Q1 2022 Mavi Giyim Sanayi ve Ticaret AS Earnings Call

Question: Mustafa Kntnkmeral - Ak Yatirim - Analyst : Okay, thank you very much. And one more question, which is regarding the working capital needs. As far as I understand, there is a very high base coming from last year. And despite very strong growth in the first quarter, your working capital ratios are still very solid. So going forward for the rest of the year, what should we expect in terms of inventory and payables days?

Question: Mustafa Kntnkmeral - Ak Yatirim - Analyst : Payables days.

Question: Mustafa Kntnkmeral - Ak Yatirim - Analyst : Thank you very much, Cnneyt, very helpful. And one last question is, it seems you still continue to gain the market share and there is a huge growth to almost 80% volume growth in Turkey. And for denim product, it's around 50% volume growth globally. So what do you think the main drivers of these strong growth figures in terms of volume?

Question: Mustafa Kntnkmeral - Ak Yatirim - Analyst : Okay, very helpful. Thank you very much, Cnneyt, Duygu.