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. New Wave Group AB's Average Total Inventories for the quarter that ended in Mar. 2024 was kr5,319 Mil. New Wave Group AB's Revenue for the
three
months ended in Mar. 2024 was kr1,995 Mil.
New Wave Group AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.67.
New Wave Group AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (2.04) to Dec. 2023 (2.67)
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
New Wave Group AB's Days Inventory for the
three
months ended in Mar. 2024 was 483.79.
Inventory Turnover measures how fast the company turns over its inventory within a year.
New Wave Group AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.19.
New Wave Group AB Inventory-to-Revenue Historical Data
The historical data trend for New Wave Group AB's Inventory-to-Revenue 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.
Competitive Comparison of New Wave Group AB's Inventory-to-Revenue
For the Specialty Retail subindustry, New Wave Group AB's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
New Wave Group AB's Inventory-to-Revenue Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, New Wave Group AB's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where New Wave Group AB's Inventory-to-Revenue falls into.
New Wave Group AB Inventory-to-Revenue Calculation
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.
New Wave Group AB's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
New Wave Group AB (OSTO:NEWA B) Inventory-to-Revenue Explanation
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
New Wave Group AB's Days Inventory for the
three
months ended in Mar. 2024 is calculated as:
* 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.
New Wave Group AB Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of New Wave Group AB's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
New Wave Group AB (OSTO:NEWA B) Business Description
New Wave Group AB is a Sweden-based company that designs, acquires and develops brands and products in the corporate promo, gifts, and home furnishings sectors. The group achieves synergies by coordinating the design, purchasing, marketing, warehousing and distribution of its product range. To ensure good diversification, the Group market its products in the corporate promo market and the retail market. The group divides its operations into three operating segments, Corporate, Sports and Leisure, and Gifts and Home Furnishings.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
OSTO:NEWA B has been successfully added to your 