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Scandinavian Astor Group AB (XSAT:ASTOR) Inventory-to-Revenue : 1.68 (As of Mar. 2024)


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What is Scandinavian Astor Group AB Inventory-to-Revenue?

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. Scandinavian Astor Group AB's Average Total Inventories for the quarter that ended in Mar. 2024 was kr61.1 Mil. Scandinavian Astor Group AB's Revenue for the three months ended in Mar. 2024 was kr36.4 Mil. Scandinavian Astor Group AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.68.

Scandinavian Astor Group AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (2.44) to Dec. 2023 (1.68)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Scandinavian Astor Group AB's Days Inventory for the three months ended in Mar. 2024 was 423.24.

Inventory Turnover measures how fast the company turns over its inventory within a year. Scandinavian Astor Group AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.22.


Scandinavian Astor Group AB Inventory-to-Revenue Historical Data

The historical data trend for Scandinavian Astor Group AB's Inventory-to-Revenue 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.

Scandinavian Astor Group AB Inventory-to-Revenue Chart

Scandinavian Astor Group AB Annual Data
Trend Dec22 Dec23
Inventory-to-Revenue
0.74 0.59

Scandinavian Astor Group AB Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only 2.60 2.07 1.94 2.44 1.68

Competitive Comparison of Scandinavian Astor Group AB's Inventory-to-Revenue

For the Aerospace & Defense subindustry, Scandinavian Astor Group AB's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Scandinavian Astor Group AB's Inventory-to-Revenue Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Scandinavian Astor Group AB's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Scandinavian Astor Group AB's Inventory-to-Revenue falls into.



Scandinavian Astor Group AB Inventory-to-Revenue Calculation

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.

Scandinavian Astor Group AB's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (38.98 + 58.491) / 2 ) / 83.009
=48.7355 / 83.009
=0.59

Scandinavian Astor Group AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (58.491 + 63.625) / 2 ) / 36.427
=61.058 / 36.427
=1.68

* 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.


Scandinavian Astor Group AB  (XSAT:ASTOR) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Scandinavian Astor Group AB's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=61.058/13.164*365 / 4
=423.24

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

Scandinavian Astor Group AB's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=13.164 / 61.058
=0.22

* 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.


Scandinavian Astor Group AB Inventory-to-Revenue Related Terms

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Scandinavian Astor Group AB (XSAT:ASTOR) Business Description

Traded in Other Exchanges
Address
Torshamnsgatan 9, Kista, Stockholm, SWE, 164 40
Scandinavian Astor Group AB is a Swedish industrial and defense group. The company's industrial part manufactures advanced composite solutions on behalf of customers with applications in the marine, aviation, and defense industries. The military part develops, produces, and sells radar jamming systems for training purposes.

Scandinavian Astor Group AB (XSAT:ASTOR) Headlines

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