Bactiguard Holding AB (LTS:0QV2) Inventory Turnover : 0.39 (As of Mar. 2024)

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

What is Bactiguard Holding 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. Bactiguard Holding AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr11.4 Mil. Bactiguard Holding AB's Average Total Inventories for the quarter that ended in Mar. 2024 was kr29.5 Mil. Bactiguard Holding AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bactiguard Holding AB's Days Inventory for the three months ended in Mar. 2024 was 235.09.

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. Bactiguard Holding AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.50.

Bactiguard Holding AB Inventory Turnover Historical Data

The historical data trend for Bactiguard Holding 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.

Bactiguard Holding AB Inventory Turnover Chart

Bactiguard Holding AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

1.78

1.45

1.10

1.08

1.73

Bactiguard Holding 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															0.32	0.64	0.24	0.43	0.39

Bactiguard Holding AB Inventory Turnover Calculation

Bactiguard Holding 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 )
=	64.009	/ (	(44.367	+	29.646)	/	2 )
=	64.009	/	37.0065
=	1.73

Bactiguard Holding 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 )
=	11.447	/ (	(29.646	+	29.337)	/	2 )
=	11.447	/	29.4915
=	0.39

Bactiguard Holding AB (LTS:0QV2) 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.

Bactiguard Holding 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
	=	29.4915	/	11.447	*	365 / 4
	=	235.09

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.

Bactiguard Holding 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 )
	=	29.4915	/	58.793
	=	0.50

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.

Bactiguard Holding AB Inventory Turnover Related Terms

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

Bactiguard Holding AB (LTS:0QV2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Bactiguard Holding AB (LTS:0QV2) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

BACTI B:Sweden

Address

Alfred Nobels Alle 150, Box 15, Tullinge, SWE, SE 146 21

Website

https://www.bactiguard.com

Bactiguard Holding AB is a Sweden-based medical device company. It is engaged in the development of infection prevention solutions, which reduce the risk of infections and the use of antibiotics. Its technology is based on the Bactiguard Infection Protection (BIP), a thin coating permanently bound to the surface of medical devices. Its portfolio contains urinary catheters, endotracheal tubes, central venous catheters, Hydrocyn for disinfection and wound care, as well as sutures and other wound care products. Its geographical segments are United States, Sweden, Malaysia, China, Thailand, Bangladesh, New Zeeland, and Other countries.

Bactiguard Holding AB (LTS:0QV2) Headlines

No Headlines