Wastbygg Gruppen AB (OSTO:WBGR B) Inventory Turnover : 0.42 (As of Mar. 2024)

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

What is Wastbygg Gruppen 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. Wastbygg Gruppen AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr861 Mil. Wastbygg Gruppen AB's Average Total Inventories for the quarter that ended in Mar. 2024 was kr2,028 Mil. Wastbygg Gruppen AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wastbygg Gruppen AB's Days Inventory for the three months ended in Mar. 2024 was 214.93.

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. Wastbygg Gruppen AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.26.

Wastbygg Gruppen AB Inventory Turnover Historical Data

The historical data trend for Wastbygg Gruppen 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.

Wastbygg Gruppen AB Inventory Turnover Chart

Wastbygg Gruppen AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

7.13

4.37

3.45

3.25

2.66

Wastbygg Gruppen AB Quarterly Data
	Dec18	Jun19	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															1.04	1.32	0.44	0.64	0.42

Wastbygg Gruppen AB Inventory Turnover Calculation

Wastbygg Gruppen 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 )
=	5016	/ (	(1828	+	1949)	/	2 )
=	5016	/	1888.5
=	2.66

Wastbygg Gruppen 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 )
=	861	/ (	(1949	+	2107)	/	2 )
=	861	/	2028
=	0.42

Wastbygg Gruppen AB (OSTO:WBGR 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.

Wastbygg Gruppen 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
	=	2028	/	861	*	365 / 4
	=	214.93

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.

Wastbygg Gruppen 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 )
	=	2028	/	896
	=	2.26

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.

Wastbygg Gruppen AB Inventory Turnover Related Terms

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

Wastbygg Gruppen AB (OSTO:WBGR B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wastbygg Gruppen AB (OSTO:WBGR B) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sofierogatan 3B, Goteborg, SWE, 412 51

Website

https://www.wastbygg.se

Wastbygg Gruppen AB is a construction and project development company in Sweden. The company builds and develops homes, commercial buildings, community service properties, logistics and industrial facilities. Its segments include Residential, Commercial and Logistics and Industry. It builds apartment buildings for external clients, both municipal and private. It also develops and builds its own housing projects.

Wastbygg Gruppen AB (OSTO:WBGR B) Headlines

No Headlines