Instalco AB (FRA:4IIA) Inventory Turnover : 7.45 (As of Mar. 2024)

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What is Instalco 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. Instalco AB's Cost of Goods Sold for the three months ended in Mar. 2024 was €135 Mil. Instalco AB's Average Total Inventories for the quarter that ended in Mar. 2024 was €18 Mil. Instalco AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 7.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Instalco AB's Days Inventory for the three months ended in Mar. 2024 was 12.24.

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. Instalco AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.06.

Instalco AB Inventory Turnover Historical Data

The historical data trend for Instalco 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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Instalco AB Inventory Turnover Chart

Instalco AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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78.75

70.40

54.65

45.77

39.67

Instalco AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															10.39	-	-	9.25	7.45

Instalco AB Inventory Turnover Calculation

Instalco 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 )
=	645.001	/ (	(14.463	+	18.058)	/	2 )
=	645.001	/	16.2605
=	39.67

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

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	134.581	/ (	(18.058	+	0)	/	1 )
=	134.581	/	18.058
=	7.45

Instalco AB (FRA:4IIA) 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.

Instalco 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
	=	18.058	/	134.581	*	365 / 4
	=	12.24

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.

Instalco AB's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	18.058	/	290.104
	=	0.06

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.

Instalco AB Inventory Turnover Related Terms

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Instalco AB (FRA:4IIA) Business Description

Industry

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Traded in Other Exchanges

INSTAL:Sweden 0RP5:UK

Address

Lilla Bantorget 11, Stockholm, SWE, 111 23

Website

http://www.instalco.se

Instalco AB is engaged in installation, service and maintenance of real estate and facilities in Sweden, Norway and Finland. The company performs technical installation and service within the areas of electrical, heating and plumbing systems, as well as ventilation and cooling systems. The Group has two operating segments: Sweden and Rest of Nordic. Its revenue stems from sales of the execution of installations, construction contracts and service contracts.

Instalco AB (FRA:4IIA) Headlines

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