BellPal Holding (NGM:BELLP) Inventory Turnover : 0.02 (As of Sep. 2023)

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What is BellPal Holding 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. BellPal Holding's Cost of Goods Sold for the three months ended in Sep. 2023 was kr0.02 Mil. BellPal Holding's Average Total Inventories for the quarter that ended in Sep. 2023 was kr1.34 Mil. BellPal Holding's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BellPal Holding's Days Inventory for the three months ended in Sep. 2023 was 5,829.14.

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.

BellPal Holding Inventory Turnover Historical Data

The historical data trend for BellPal Holding'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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BellPal Holding Inventory Turnover Chart

BellPal Holding Annual Data

Trend

Dec20

Dec21

Dec22

Inventory Turnover

5.56

6.05

BellPal Holding Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial						1.21	1.64	1.51	0.08	0.02

BellPal Holding Inventory Turnover Calculation

BellPal Holding's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	8.063	/ (	(1.306	+	1.358)	/	2 )
=	8.063	/	1.332
=	6.05

BellPal Holding's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	0.021	/ (	(1.325	+	1.358)	/	2 )
=	0.021	/	1.3415
=	0.02

BellPal Holding (NGM:BELLP) 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.

BellPal Holding's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	1.3415	/	0.021	*	365 / 4
	=	5,829.14

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.

BellPal Holding's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	1.3415	/	-0.001
	=

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.

BellPal Holding Inventory Turnover Related Terms

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BellPal Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » BellPal Holding (NGM:BELLP) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Magnus Ladulasgatan, Stockholm, SWE, 118 65

Website

https://www.bellpal.com

BellPal Holding is a Swedish company that develops products and services to support seniors to live free and active lives. It is a caretech company that combines digital services with medical expertise in order to develop products, services and digital solutions primarily for seniors and medical care. Bell Pal's main business is a comprehensive platform that links the user with it's relatives and emergency central. Its platforms is based around a SaaS business model and therefore invoices the end-user with a monthly subscription fee for the usage of the service. The subscription includes both hardware and software for a package price.

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