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Implementa Sol AB (NGM:IMSOL B) Inventory Turnover : 1.81 (As of Mar. 2024)


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What is Implementa Sol AB 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. Implementa Sol AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr2.22 Mil. Implementa Sol AB's Average Total Inventories for the quarter that ended in Mar. 2024 was kr1.22 Mil. Implementa Sol AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.81.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Implementa Sol AB's Days Inventory for the three months ended in Mar. 2024 was 50.32.

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. Implementa Sol AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.81.


Implementa Sol AB Inventory Turnover Historical Data

The historical data trend for Implementa Sol AB'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.

Implementa Sol AB Inventory Turnover Chart

Implementa Sol AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.59 9.31 3.94 3.33 5.10

Implementa Sol AB 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.76 - - -2.77 1.81

Implementa Sol AB Inventory Turnover Calculation

Implementa Sol AB'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 )
=8.901 / ((2.269 + 1.223) / 2 )
=8.901 / 1.746
=5.10

Implementa Sol AB'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 )
=2.218 / ((1.223 + 0) / 1 )
=2.218 / 1.223
=1.81

* 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.


Implementa Sol AB  (NGM:IMSOL B) 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.

Implementa Sol AB'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
=1.223/2.218*365 / 4
=50.32

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.

Implementa Sol AB'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 )
=1.223 / 1.504
=0.81

* 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.


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.


Implementa Sol AB Inventory Turnover Related Terms

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Implementa Sol AB (NGM:IMSOL B) Business Description

Traded in Other Exchanges
N/A
Address
Odarslovsvagen 50, Lund, SWE, 224 82
Implementa Sol AB offers solar energy products to private and corporate customers. The company provides products such as solar panels, charge regulators, mounts and batteries for caravans, motorhomes, cabins and boats.

Implementa Sol AB (NGM:IMSOL B) Headlines

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