UPM-Kymmene Oyj (UPM-Kymmene Oyj) Inventory Turnover : 1.11 (As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is UPM-Kymmene Oyj 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. UPM-Kymmene Oyj's Cost of Goods Sold for the three months ended in Mar. 2024 was $2,366 Mil. UPM-Kymmene Oyj's Average Total Inventories for the quarter that ended in Mar. 2024 was $2,124 Mil. UPM-Kymmene Oyj's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. UPM-Kymmene Oyj's Days Inventory for the three months ended in Mar. 2024 was 81.89.

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. UPM-Kymmene Oyj's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.74.

UPM-Kymmene Oyj Inventory Turnover Historical Data

The historical data trend for UPM-Kymmene Oyj'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.

* Premium members only.

UPM-Kymmene Oyj Inventory Turnover Chart

UPM-Kymmene Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

4.47

4.61

4.38

3.78

3.60

UPM-Kymmene Oyj Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.06	1.08	1.16	0.09	1.11

UPM-Kymmene Oyj Inventory Turnover Calculation

UPM-Kymmene Oyj's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	8058.887	/ (	(2388.771	+	2091.603)	/	2 )
=	8058.887	/	2240.187
=	3.60

UPM-Kymmene Oyj's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	2366.304	/ (	(2091.603	+	2155.435)	/	2 )
=	2366.304	/	2123.519
=	1.11

UPM-Kymmene Oyj (OTCPK:UPMKF) 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.

UPM-Kymmene Oyj's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	2123.519	/	2366.304	*	365 / 4
	=	81.89

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.

UPM-Kymmene Oyj's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	2123.519	/	2869.565
	=	0.74

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.

UPM-Kymmene Oyj Inventory Turnover Related Terms

Thank you for viewing the detailed overview of UPM-Kymmene Oyj's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

UPM-Kymmene Oyj (UPM-Kymmene Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » UPM-Kymmene Oyj (OTCPK:UPMKF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

UPMMY:USA UPMh:UK 0NV5:UK UPM:Finland RPL:Germany

Address

Alvar Aallon katu 1, P.O. Box 380, Helsinki, FIN, FI-00100

Website

https://www.upm.com

UPM-Kymmene Oyj is a Finnish paper and biomaterials company. The company produces products related to the forestry industry including paper, pulp, and plywood. UPM is also a major electricity generator in Finland and is one of the global producers of self-adhesive labeling materials. It delivers responsible solutions and innovation for a future beyond fossils across six business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, and UPM Plywood. Geographically, the company has operational footprints in Sweden, Finland, the Netherlands, and other regions.

UPM-Kymmene Oyj (UPM-Kymmene Oyj) Headlines

From GuruFocus

UPM-Kymmene Oyj's Dividend Analysis

By GuruFocus Research • 10-24-2023

3 Stocks Granting Superb Forward Dividend Yields

By Alberto Abaterusso Alberto Abaterusso • 05-28-2019