Sivers Semiconductors AB (OSTO:SIVE) Inventory Turnover : -0.03 (As of Sep. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Sivers Semiconductors 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. Sivers Semiconductors AB's Cost of Goods Sold for the three months ended in Sep. 2023 was kr-1.1 Mil. Sivers Semiconductors AB's Average Total Inventories for the quarter that ended in Sep. 2023 was kr36.8 Mil. Sivers Semiconductors AB's Inventory Turnover for the quarter that ended in Sep. 2023 was -0.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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. Sivers Semiconductors AB's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.63.

Sivers Semiconductors AB Inventory Turnover Historical Data

The historical data trend for Sivers Semiconductors 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.

Sivers Semiconductors AB Inventory Turnover Chart

Sivers Semiconductors AB Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

Get a 7-Day Free Trial

-0.28

-0.27

-0.88

-1.35

-0.39

Sivers Semiconductors AB Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															0.02	-0.11	0.16	0.20	-0.03

Sivers Semiconductors AB Inventory Turnover Calculation

Sivers Semiconductors 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 )
=	-10.354	/ (	(23.496	+	28.985)	/	2 )
=	-10.354	/	26.2405
=	-0.39

Sivers Semiconductors AB's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	-1.068	/ (	(36.9	+	36.735)	/	2 )
=	-1.068	/	36.8175
=	-0.03

Sivers Semiconductors AB (OSTO:SIVE) 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.

Sivers Semiconductors AB's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	36.8175	/	-1.068	*	365 / 4
	=

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.

Sivers Semiconductors AB's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	36.8175	/	58.291
	=	0.63

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.

Sivers Semiconductors AB Inventory Turnover Related Terms

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

Sivers Semiconductors AB (OSTO:SIVE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sivers Semiconductors AB (OSTO:SIVE) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

2DG:Germany

Address

Torshamnsgatan 48, Kista, SWE, SE-164 40

Website

https://www.siversima.com

Sivers Semiconductors AB, formerly Sivers IMA Holding AB is a company which acts as a supplier of products for the data and telecommunication market. The company, through its subsidiaries, develop, manufacture and sell cutting-edge chips, components, modules and subsystems based on proprietary advanced semiconductor technology in the microwave, millimetre wave, and optical semiconductors. Its product line of the company RFICs, RF-modules, Transceivers, Radar Sensors and Front-Ends, signal sources, and fiber laser products.

Sivers Semiconductors AB (OSTO:SIVE) Headlines

No Headlines