Pharmiva AB (OSTO:PHARM) Inventory Turnover : 0.36 (As of Jun. 2023)

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What is Pharmiva 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. Pharmiva AB's Cost of Goods Sold for the three months ended in Jun. 2023 was kr0.31 Mil. Pharmiva AB's Average Total Inventories for the quarter that ended in Jun. 2023 was kr0.86 Mil. Pharmiva AB's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.36.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pharmiva AB's Days Inventory for the three months ended in Jun. 2023 was 252.56.

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. Pharmiva AB's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.96.

Pharmiva AB Inventory Turnover Historical Data

The historical data trend for Pharmiva 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.

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Pharmiva AB Inventory Turnover Chart

Pharmiva AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

-1.99

0.04

Pharmiva AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Inventory Turnover	Get a 7-Day Free Trial										-0.36	-0.13	0.21	0.40	0.36

Pharmiva AB Inventory Turnover Calculation

Pharmiva AB's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	0.042	/ (	(0.988	+	1.119)	/	2 )
=	0.042	/	1.0535
=	0.04

Pharmiva AB's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	0.31	/ (	(0.75	+	0.966)	/	2 )
=	0.31	/	0.858
=	0.36

Pharmiva AB (OSTO:PHARM) 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.

Pharmiva AB's Days Inventory for the three months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	0.858	/	0.31	*	365 / 4
	=	252.56

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.

Pharmiva AB's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	0.858	/	0.897
	=	0.96

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.

Pharmiva AB Inventory Turnover Related Terms

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Pharmiva AB (OSTO:PHARM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Pharmiva AB (OSTO:PHARM) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sankt Lars Väg 45B, Lund, SWE, 222 70

Website

https://www.pharmiva.com

Pharmiva AB is a medical technology company. It develops innovative antibiotic-free medical products in order to improve vaginal health.

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