Intrum AB (OSTO:INTRUM) Inventory Turnover : 6.86 (As of Mar. 2024)

View and export this data going back to 2002. Start your Free Trial

What is Intrum 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. Intrum AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr2,303 Mil. Intrum AB's Average Total Inventories for the quarter that ended in Mar. 2024 was kr336 Mil. Intrum AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 6.86.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Intrum AB's Days Inventory for the three months ended in Mar. 2024 was 13.29.

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. Intrum AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.08.

Intrum AB Inventory Turnover Historical Data

The historical data trend for Intrum 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.

Intrum AB Inventory Turnover Chart

Intrum AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

6.98

24.97

27.54

29.22

30.63

Intrum 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															5.94	8.58	6.83	7.76	6.86

Intrum AB Inventory Turnover Calculation

Intrum 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 )
=	9663	/ (	(302	+	329)	/	2 )
=	9663	/	315.5
=	30.63

Intrum 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 )
=	2303	/ (	(329	+	342)	/	2 )
=	2303	/	335.5
=	6.86

Intrum AB (OSTO:INTRUM) 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.

Intrum 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
	=	335.5	/	2303	*	365 / 4
	=	13.29

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.

Intrum 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 )
	=	335.5	/	4260
	=	0.08

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.

Intrum AB Inventory Turnover Related Terms

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

Intrum AB (OSTO:INTRUM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Intrum AB (OSTO:INTRUM) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

ITJTY:USA INTRUs:UK 0H9P:UK IJU:Germany

Address

Sicklastraket 4, Nacka, Stockholm, SWE, 131 54

Website

https://www.intrum.com

Intrum AB is a provider of credit management and related financial services. The company operates in three segments: credit management services, which provide services such as credit optimization and payment collection to ensure that customers pay companies; portfolio investments, which purchases overdue debts; and strategic markets, which focus on growing business in Greece, Italy, and Spain. The majority of revenue comes from the Portfolio Investments segment, specifically within the banking and credit card industries. Intrum AB operates throughout Europe, with some business in Brazil.

Intrum AB (OSTO:INTRUM) Headlines

No Headlines