Selvaag Bolig ASA (OSL:SBO) Inventory Turnover : 0.31 (As of Dec. 2023)

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What is Selvaag Bolig ASA 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. Selvaag Bolig ASA's Cost of Goods Sold for the three months ended in Dec. 2023 was kr1,104 Mil. Selvaag Bolig ASA's Average Total Inventories for the quarter that ended in Dec. 2023 was kr3,575 Mil. Selvaag Bolig ASA's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.31.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Selvaag Bolig ASA's Days Inventory for the three months ended in Dec. 2023 was 295.33.

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. Selvaag Bolig ASA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.87.

Selvaag Bolig ASA Inventory Turnover Historical Data

The historical data trend for Selvaag Bolig ASA'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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Selvaag Bolig ASA Inventory Turnover Chart

Selvaag Bolig ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.59

0.53

0.67

0.57

0.73

Selvaag Bolig ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.13	0.14	0.18	0.09	0.31

Selvaag Bolig ASA Inventory Turnover Calculation

Selvaag Bolig ASA'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 )
=	2738.799	/ (	(4273.209	+	3199.454)	/	2 )
=	2738.799	/	3736.3315
=	0.73

Selvaag Bolig ASA's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	1104.455	/ (	(3949.691	+	3199.454)	/	2 )
=	1104.455	/	3574.5725
=	0.31

Selvaag Bolig ASA (OSL:SBO) 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.

Selvaag Bolig ASA's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	3574.5725	/	1104.455	*	365 / 4
	=	295.33

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.

Selvaag Bolig ASA's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	3574.5725	/	1246.701
	=	2.87

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.

Selvaag Bolig ASA Inventory Turnover Related Terms

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Selvaag Bolig ASA (OSL:SBO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Selvaag Bolig ASA (OSL:SBO) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

SBOO:Sweden S2B:Germany

Address

Silurveien 2, Oslo, NOR, 0380

Website

https://www.selvaagboligasa.no

Selvaag Bolig ASA is a residential property developer. The company has several homes under development at any given time and focuses on the growth areas in and around Greater Oslo, Bergen, Stavanger, and Trondheim. Some of its projects are The ski factory, Langhus 1405, Landas, Lorenskog Stasjonsby, and others.

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