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CGit Holding AB Inventory Turnover

: 593.45 (As of Jun. 2020)
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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. CGit Holding AB's Cost of Goods Sold for the three months ended in Jun. 2020 was SEK9.8 Mil. CGit Holding AB's Total Inventories for the quarter that ended in Jun. 2020 was SEK0.0 Mil. CGit Holding AB's Inventory Turnover for the quarter that ended in Jun. 2020 was 593.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CGit Holding AB's Days Inventory for the three months ended in Jun. 2020 was 0.15.

Total Inventories can be measured by Days Sales of Inventory (DSI). CGit Holding AB's days sales of inventory (DSI) for the three months ended in Jun. 2020 was 0.13.

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. CGit Holding AB's Inventory-to-Revenue for the quarter that ended in Jun. 2020 was 0.00.

CGit Holding AB Inventory Turnover Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

CGit Holding AB Annual Data
Dec15 Dec16 Dec17 Dec18 Dec19
Inventory Turnover 234.27 330.25 807.29 1,237.45 4,053.45

CGit Holding AB Quarterly Data
Dec15 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
Inventory Turnover Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 208.66 220.38 2,034.91 4,766.00 593.45

CGit Holding AB Inventory Turnover Calculation

CGit Holding AB's Inventory Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Inventory Turnover (A: Dec. 2019 )
=Cost of Goods Sold / Total Inventories
=Cost of Goods Sold (A: Dec. 2019 ) / ((Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count )
=89.176 / ((0.04 + 0.004) / 2 )
=89.176 / 0.022
=4,053.45

CGit Holding AB's Inventory Turnover for the quarter that ended in Jun. 2020 is calculated as

Inventory Turnover (Q: Jun. 2020 )
=Cost of Goods Sold / Total Inventories
=Cost of Goods Sold (Q: Jun. 2020 ) / ((Total Inventories (Q: Mar. 2020 ) + Total Inventories (Q: Jun. 2020 )) / count )
=9.792 / ((0.006 + 0.027) / 2 )
=9.792 / 0.0165
=593.45

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

CGit Holding AB  (XSAT:CGIT 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.

CGit Holding AB's Days Inventory for the three months ended in Jun. 2020 is calculated as:

Days Inventory =Total Inventories (Q: Jun. 2020 )/Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=0.0165/9.792*365 / 4
=0.15

2. Total Inventories can be measured by Days Sales of Inventory (DSI).

CGit Holding AB's Days Sales of Inventory for the three months ended in Jun. 2020 is calculated as:

Days Sales of Inventory (DSI)=Total Inventories (Q: Jun. 2020 )/Revenue (Q: Jun. 2020 )*Days in Period
=0.0165/11.723*365 / 4
=0.13

3. 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.

CGit Holding AB's Inventory to Revenue for the quarter that ended in Jun. 2020 is calculated as

Inventory-to-Revenue=Total Inventories (Q: Jun. 2020 ) / Revenue (Q: Jun. 2020 )
=0.0165 / 11.723
=0.00

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.

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