Vow ASA (LTS:0QTW) Inventory Turnover : 5.04 (As of Dec. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Vow ASA 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. Vow ASA's Cost of Goods Sold for the three months ended in Dec. 2024 was kr189.6 Mil. Vow ASA's Average Total Inventories for the quarter that ended in Dec. 2024 was kr37.6 Mil. Vow ASA's Inventory Turnover for the quarter that ended in Dec. 2024 was 5.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vow ASA's Days Inventory for the three months ended in Dec. 2024 was 18.10.

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. Vow ASA's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.14.

Vow ASA Inventory Turnover Historical Data

The historical data trend for Vow ASA'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.

Vow ASA Inventory Turnover Chart

Vow ASA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

Get a 7-Day Free Trial

30.63

20.18

13.42

15.14

19.48

Vow ASA Quarterly Data
	Sep16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															4.63	5.72	-	5.10	5.04

Vow ASA Inventory Turnover Calculation

Vow ASA'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 )
=	721.7	/ (	(36.1	+	38)	/	2 )
=	721.7	/	37.05
=	19.48

Vow ASA's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	189.6	/ (	(37.2	+	38)	/	2 )
=	189.6	/	37.6
=	5.04

Vow ASA (LTS:0QTW) 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.

Vow ASA's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	37.6	/	189.6	*	365 / 4
	=	18.10

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.

Vow ASA's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	37.6	/	265.7
	=	0.14

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.

Vow ASA Inventory Turnover Related Terms

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

Vow ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vow ASA (LTS:0QTW) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

SSHPF:USA SSHIPo:Sweden VOW:Norway 213:Germany

Address

Lysaker Torg 12, Lysaker, NOR, 1366

Website

https://www.vowasa.com

Vow ASA develops and delivers technology and solutions to bring an end to waste and help industries decarbonise - solutions. The solutions purify wastewater and convert biomass and waste into valuable resources, generating CO2-neutral energy and biocarbon that decarbonise industrial processes. The group is organised across three operating segments: Industrial Solutions, Maritime Solutions and Aftersales. Marine solution segment provide advanced systems with technologies for processing waste and purifying wastewater for cruise ships and aquaculture. Industrial solution designs and provides plants for processing biomass, food products, and industry residues, which are widespread in the sectors of environment, agro-food and energy. Aftersales segment are sales of spare parts, consumable, etc.

Vow ASA Headlines

No Headlines