ITAB Shop Concept AB (FRA:29I0) Inventory Turnover : 1.90 (As of Mar. 2025)

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What is ITAB Shop Concept 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. ITAB Shop Concept AB's Cost of Goods Sold for the three months ended in Mar. 2025 was €192.5 Mil. ITAB Shop Concept AB's Average Total Inventories for the quarter that ended in Mar. 2025 was €101.1 Mil. ITAB Shop Concept AB's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ITAB Shop Concept AB's Days Inventory for the three months ended in Mar. 2025 was 47.90.

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. ITAB Shop Concept AB's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.39.

ITAB Shop Concept AB Inventory Turnover Historical Data

The historical data trend for ITAB Shop Concept 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.

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ITAB Shop Concept AB Inventory Turnover Chart

ITAB Shop Concept AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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4.92

5.05

4.64

4.83

5.91

ITAB Shop Concept AB Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial															1.33	1.37	1.29	1.54	1.90

ITAB Shop Concept AB Inventory Turnover Calculation

ITAB Shop Concept AB's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	411.036	/ (	(70.356	+	68.767)	/	2 )
=	411.036	/	69.5615
=	5.91

ITAB Shop Concept AB's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

	Inventory Turnover (Q: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2025 )	/ (	(Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )
=	192.526	/ (	(68.767	+	133.371)	/	2 )
=	192.526	/	101.069
=	1.90

ITAB Shop Concept AB (FRA:29I0) 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.

ITAB Shop Concept AB's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2025 )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
	=	101.069	/	192.526	*	365 / 4
	=	47.90

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.

ITAB Shop Concept AB's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2025 )	/	Revenue (Q: Mar. 2025 )
	=	101.069	/	257.34
	=	0.39

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.

ITAB Shop Concept AB Inventory Turnover Related Terms

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ITAB Shop Concept AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ITAB Shop Concept AB (FRA:29I0) » Definitions » Inventory Turnover

Traded in Other Exchanges

ITAB:Sweden 0RGW:UK

Address

Instrumentvagen 2, Box 9054, Jonkoping, SWE, SE-550 09

Website

https://www.itab.se

ITAB Shop Concept AB is a Sweden-based company that develops, manufactures, and installs a full set of shop fitting concepts for retail chain stores. The company operates in numerous countries and has production facilities in Europe and China. Solutions provided by the company include customized shop concepts, shop checkout solutions, lighting system and others. These products and services aim to help customers improve their shopping environment. ITAB Shop Concept works based on a project management function and provides all-inclusive solutions covering the entire process. The company generates the majority of revenue from Europe.

ITAB Shop Concept AB Headlines

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