GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » L E Lundbergforetagen AB (CHIX:LUNDBs) » Definitions » Inventory Turnover

L E Lundbergforetagen AB (CHIX:LUNDBS) Inventory Turnover : 0.00 (As of Sep. 2024)


View and export this data going back to 2009. Start your Free Trial

What is L E Lundbergforetagen 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. L E Lundbergforetagen AB's Cost of Goods Sold for the three months ended in Sep. 2024 was kr0 Mil. L E Lundbergforetagen AB's Average Total Inventories for the quarter that ended in Sep. 2024 was kr204 Mil. L E Lundbergforetagen AB's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.00.

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. L E Lundbergforetagen AB's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.03.


L E Lundbergforetagen AB Inventory Turnover Historical Data

The historical data trend for L E Lundbergforetagen 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.

L E Lundbergforetagen AB Inventory Turnover Chart

L E Lundbergforetagen AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 2.41 2.67 2.33 2.29

L E Lundbergforetagen AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Inventory Turnover Get a 7-Day Free Trial 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 Premium Member Only - - - - -

L E Lundbergforetagen AB Inventory Turnover Calculation

L E Lundbergforetagen AB's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=14101 / ((6070 + 6264) / 2 )
=14101 / 6167
=2.29

L E Lundbergforetagen AB's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover (Q: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2024 ) / ((Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count )
=0 / ((203 + 204) / 2 )
=0 / 203.5
=0.00

* 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.


L E Lundbergforetagen AB  (CHIX:LUNDBs) 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.

L E Lundbergforetagen AB's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=203.5/0*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.

L E Lundbergforetagen AB's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=203.5 / 6894
=0.03

* 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.


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.


L E Lundbergforetagen AB Inventory Turnover Related Terms

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


L E Lundbergforetagen AB Business Description

Traded in Other Exchanges
Address
Hovslagargatan 5B, PO Box 14048, Stockholm, SWE, 104 40
L E Lundbergforetagen AB is an investment holding company with a long-term, activist orientation. Its portfolio includes a wholly owned unlisted real estate entity, publicly-traded subsidiaries, and other major shareholdings. Lundberg's investment objective is to generate returns on capital that over time substantially exceed the yield on a risk-free, interest-bearing instrument. Real estate operations, which the company has conducted through subsidiaries for decades, account for nearly half of the company's net asset value. Lundberg exercises activism through board representation on all of its portfolio companies. It supports its capital allocation program by maintaining low levels of indebtedness on its balance sheet.

L E Lundbergforetagen AB Headlines

No Headlines