Saga Furs Oyj (OHEL:SAGCV) Inventory Turnover : 0.84 (As of Oct. 2023)

Saga Furs Oyj Inventory Turnover Chart

Saga Furs Oyj Annual Data
	Trend	Oct14	Oct15	Oct16	Oct17	Oct18	Oct19	Oct20	Oct21	Oct22	Oct23
Inventory Turnover		Get a 7-Day Free Trial					8.02	3.27	1.46	0.86	0.96

Saga Furs Oyj Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Inventory Turnover	Get a 7-Day Free Trial															1.04	0.03	0.84	0.10	0.84

Saga Furs Oyj Inventory Turnover Calculation

Saga Furs Oyj's Inventory Turnover for the fiscal year that ended in Oct. 2023 is calculated as

Saga Furs Oyj's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

* 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.

Saga Furs Oyj  (OHEL:SAGCV) 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.

Saga Furs Oyj's Days Inventory for the six months ended in Oct. 2023 is calculated as:

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.

Saga Furs Oyj's Inventory to Revenue for the quarter that ended in Oct. 2023 is calculated as

* 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.

Saga Furs Oyj Inventory Turnover Related Terms

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Saga Furs Oyj (OHEL:SAGCV) Business Description