Gabriel Holding A/S (CHIX:GABRC) Inventory Turnover : 0.71 (As of Mar. 2024)

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What is Gabriel Holding A/S 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. Gabriel Holding A/S's Cost of Goods Sold for the three months ended in Mar. 2024 was kr157.8 Mil. Gabriel Holding A/S's Average Total Inventories for the quarter that ended in Mar. 2024 was kr222.5 Mil. Gabriel Holding A/S's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gabriel Holding A/S's Days Inventory for the three months ended in Mar. 2024 was 128.64.

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. Gabriel Holding A/S's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.92.

Gabriel Holding A/S Inventory Turnover Historical Data

The historical data trend for Gabriel Holding A/S'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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Gabriel Holding A/S Inventory Turnover Chart

Gabriel Holding A/S Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Inventory Turnover

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3.58

3.29

3.17

3.34

2.64

Gabriel Holding A/S 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															0.68	0.64	0.64	0.66	0.71

Gabriel Holding A/S Inventory Turnover Calculation

Gabriel Holding A/S's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	620.995	/ (	(246.33	+	223.832)	/	2 )
=	620.995	/	235.081
=	2.64

Gabriel Holding A/S'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 )
=	157.849	/ (	(218.309	+	226.74)	/	2 )
=	157.849	/	222.5245
=	0.71

Gabriel Holding A/S (CHIX:GABRc) 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.

Gabriel Holding A/S'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
	=	222.5245	/	157.849	*	365 / 4
	=	128.64

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.

Gabriel Holding A/S'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 )
	=	222.5245	/	241.275
	=	0.92

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.

Gabriel Holding A/S Inventory Turnover Related Terms

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Gabriel Holding A/S (CHIX:GABRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Gabriel Holding A/S (CHIX:GABRc) » Definitions » Inventory Turnover

Traded in Other Exchanges

GABR:Denmark 1GH:Germany

Address

Hjulmagervej 55, Aalborg, DNK, 9000

Website

http://www.gabriel.dk

Gabriel Holding A/S is a Denmark-based company that manufactures and sells furniture fabrics of pure wool and microfibers, upholstery fabrics, components, upholstered Surfaces and related products and services. It focuses on business areas that are Fabrics, FurnMaster, SampleMaster and others. Fabrics develop a wide range of furniture products; FurnMaster offers logistics solutions, cutting, sewing and assembly of furniture screens; and SampleMaster designs and produces boxes, hangers, catalogs, colour cards and other kind of promotional presentation materials. It provides a full palette of solutions and services for the international furniture industry, including fabrics, furniture and components, customised sample solutions, acoustic comfort, and knitting and embellishment services.

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