Exsitec Holding AB (OSTO:EXS) Inventory Turnover : 124.38 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Exsitec Holding 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. Exsitec Holding AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr147.9 Mil. Exsitec Holding AB's Average Total Inventories for the quarter that ended in Mar. 2024 was kr1.2 Mil. Exsitec Holding AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 124.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Exsitec Holding AB's Days Inventory for the three months ended in Mar. 2024 was 0.73.

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. Exsitec Holding AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.01.

Exsitec Holding AB Inventory Turnover Historical Data

The historical data trend for Exsitec Holding 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.

Exsitec Holding AB Inventory Turnover Chart

Exsitec Holding AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

775.21

455.60

318.27

368.15

557.20

Exsitec Holding 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															92.00	69.42	74.40	162.18	124.38

Exsitec Holding AB Inventory Turnover Calculation

Exsitec Holding 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 )
=	522.377	/ (	(1.24	+	0.635)	/	2 )
=	522.377	/	0.9375
=	557.20

Exsitec Holding 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 )
=	147.89	/ (	(0.635	+	1.743)	/	2 )
=	147.89	/	1.189
=	124.38

Exsitec Holding AB (OSTO:EXS) 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.

Exsitec Holding 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
	=	1.189	/	147.89	*	365 / 4
	=	0.73

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.

Exsitec Holding 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 )
	=	1.189	/	212.644
	=	0.01

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.

Exsitec Holding AB Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Exsitec Holding AB's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Exsitec Holding AB (OSTO:EXS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Exsitec Holding AB (OSTO:EXS) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Snickaregatan 40, Linkoping, SWE, 582 26

Website

https://www.exsitec.se

Exsitec Holding AB provides information technology services. The business activities of the company include IT support by providing support, management, and further development of the IT systems of the customers. The company offers e-commerce solutions, software development, IT training, and other related services. The group's operations are managed and reported based on the three operating segments: Sweden, Norway, and Denmark. The majority of its revenue is derived from Sweden.

Exsitec Holding AB (OSTO:EXS) Headlines

No Headlines