Strax AB (OSTO:STRAX) Change In Inventory : kr68 Mil (TTM As of Sep. 2023)

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What is Strax AB Change In Inventory?

Strax AB's change in inventory for the quarter that ended in Sep. 2023 was kr0 Mil. It means Strax AB's inventory stayed the same from Jun. 2023 to Sep. 2023 .

Strax AB's change in inventory for the fiscal year that ended in Dec. 2022 was kr9 Mil. It means Strax AB's inventory declined by kr9 Mil from Dec. 2021 to Dec. 2022 .

Strax AB's Total Inventories for the quarter that ended in Sep. 2023 was kr183 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Strax AB's Days Inventory for the quarter that ended in Sep. 2023 was 178.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. Strax AB's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.51.

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. Strax AB's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 3.24.

Strax AB Change In Inventory Historical Data

The historical data trend for Strax AB's Change In Inventory 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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Strax AB Change In Inventory Chart

Strax AB Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Inventory

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-73.16

-29.97

-103.06

-32.33

8.62

Strax AB Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Inventory	Get a 7-Day Free Trial															1.26	51.43	6.53	10.47	-

Strax AB Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr68 Mil.

Strax AB (OSTO:STRAX) Change In Inventory Explanation

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

Strax AB's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	229.81	/	117.768	*	365 / 4
	=	178.06

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	117.768	/	229.81
	=	0.51

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	229.81	/	70.921
	=	3.24

Strax AB Change In Inventory Related Terms

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Strax AB (OSTO:STRAX) Business Description

Industry

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NOBC:Germany

Address

Master Samuelsgatan 10, Stockholm, SWE, 111 44

Website

https://www.strax.com

Strax AB is specialized in accessories that empower mobile lifestyles. Its portfolio of branded accessories covers all major mobile accessory categories: Protection, Power, Connectivity, as well as Personal Audio. Its Health & Wellness category offers branded Personal Protection products. Its distribution business reaches a broad customer base, through 70 000 brick and mortar stores around the globe, as well as through online marketplaces and direct-to-consumers. The company's wholly-owned brands include Urbanista, Clckr, Richmond & Finch, Planet Buddies, xqisit, AVO+, Dottir and grell, and licensed brands include adidas, Bugatti, Diesel, Superdry and WeSC. The firm's distribution business also services over 40 other major mobile accessory brands.

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