H100 Group AB (NGM:H100) Inventory Turnover : 1.82 (As of Oct. 2024)

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What is H100 Group 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. H100 Group AB's Cost of Goods Sold for the six months ended in Oct. 2024 was kr2.21 Mil. H100 Group AB's Average Total Inventories for the quarter that ended in Oct. 2024 was kr1.21 Mil. H100 Group AB's Inventory Turnover for the quarter that ended in Oct. 2024 was 1.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. H100 Group AB's Days Inventory for the six months ended in Oct. 2024 was 100.35.

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. H100 Group AB's Inventory-to-Revenue for the quarter that ended in Oct. 2024 was 0.72.

H100 Group AB Inventory Turnover Historical Data

The historical data trend for H100 Group 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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H100 Group AB Inventory Turnover Chart

H100 Group AB Annual Data

Trend

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Inventory Turnover

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0.25

0.61

2.15

0.63

2.53

H100 Group AB Semi-Annual Data
	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24
Inventory Turnover	Get a 7-Day Free Trial									0.48	0.08	0.63	1.65	1.82

H100 Group AB Inventory Turnover Calculation

H100 Group AB's Inventory Turnover for the fiscal year that ended in Apr. 2024 is calculated as

	Inventory Turnover (A: Apr. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Apr. 2024 )	/ (	(Total Inventories (A: Apr. 2023 )	+	Total Inventories (A: Apr. 2024 ))	/	count )
=	6.191	/ (	(3.082	+	1.808)	/	2 )
=	6.191	/	2.445
=	2.53

H100 Group AB's Inventory Turnover for the quarter that ended in Oct. 2024 is calculated as

	Inventory Turnover (Q: Oct. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Oct. 2024 )	/ (	(Total Inventories (Q: Apr. 2024 )	+	Total Inventories (Q: Oct. 2024 ))	/	count )
=	2.206	/ (	(1.808	+	0.618)	/	2 )
=	2.206	/	1.213
=	1.82

H100 Group AB (NGM:H100) 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.

H100 Group AB's Days Inventory for the six months ended in Oct. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Oct. 2024 )	/	Cost of Goods Sold (Q: Oct. 2024 )	*	Days in Period
	=	1.213	/	2.206	*	365 / 2
	=	100.35

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.

H100 Group AB's Inventory to Revenue for the quarter that ended in Oct. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Oct. 2024 )	/	Revenue (Q: Oct. 2024 )
	=	1.213	/	1.677
	=	0.72

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.

H100 Group AB Inventory Turnover Related Terms

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H100 Group AB Business Description

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