Ambu AS (LTS:0MJF) Inventory Turnover : 0.57 (As of Jun. 2024)

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What is Ambu AS 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. Ambu AS's Cost of Goods Sold for the three months ended in Jun. 2024 was kr551 Mil. Ambu AS's Average Total Inventories for the quarter that ended in Jun. 2024 was kr959 Mil. Ambu AS's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ambu AS's Days Inventory for the three months ended in Jun. 2024 was 158.74.

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. Ambu AS's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.69.

Ambu AS Inventory Turnover Historical Data

The historical data trend for Ambu AS'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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Ambu AS Inventory Turnover Chart

Ambu AS Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Inventory Turnover

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2.66

2.65

2.39

1.92

1.94

Ambu AS Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Inventory Turnover	Get a 7-Day Free Trial															0.51	0.58	0.57	0.61	0.57

Ambu AS Inventory Turnover Calculation

Ambu AS's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	2062	/ (	(1222	+	907)	/	2 )
=	2062	/	1064.5
=	1.94

Ambu AS's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	551	/ (	(920	+	997)	/	2 )
=	551	/	958.5
=	0.57

Ambu AS (LTS:0MJF) 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.

Ambu AS's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	958.5	/	551	*	365 / 4
	=	158.74

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.

Ambu AS's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	958.5	/	1383
	=	0.69

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.

Ambu AS Inventory Turnover Related Terms

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Ambu AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Ambu AS (LTS:0MJF) » Definitions » Inventory Turnover

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Traded in Other Exchanges

AMBBY:USA AMBFF:USA AMBUBc:UK AMBU B:Denmark 547A:Germany

Address

Baltorpbakken 13, Ballerup, DNK, DK-2750

Website

http://www.ambu.com

Ambu A/S is a Denmark based company providing single-use flexible endoscopes and is dedicated to optimizing hospital workflows and improving patient care. The company has created medtech solutions like resuscitators, anaesthesia masks, and electrodes and operates R&D, manufacturing and sales in Europe, North America and the Asia Pacific.

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