LC-Tec Holding AB (NGM:LCT) Inventory Turnover : 0.20 (As of Sep. 2024)

View and export this data going back to 2003. Start your Free Trial

What is LC-Tec 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. LC-Tec Holding AB's Cost of Goods Sold for the three months ended in Sep. 2024 was kr0.78 Mil. LC-Tec Holding AB's Average Total Inventories for the quarter that ended in Sep. 2024 was kr3.95 Mil. LC-Tec Holding AB's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.20.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. LC-Tec Holding AB's Days Inventory for the three months ended in Sep. 2024 was 462.57.

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. LC-Tec Holding AB's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.67.

LC-Tec Holding AB Inventory Turnover Historical Data

The historical data trend for LC-Tec 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.

LC-Tec Holding AB Inventory Turnover Chart

LC-Tec Holding AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

2.31

1.81

2.63

1.98

1.73

LC-Tec Holding AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															0.24	0.27	0.09	0.21	0.20

LC-Tec Holding AB Inventory Turnover Calculation

LC-Tec 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 )
=	7.28	/ (	(4.171	+	4.249)	/	2 )
=	7.28	/	4.21
=	1.73

LC-Tec Holding AB's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	0.78	/ (	(4.021	+	3.887)	/	2 )
=	0.78	/	3.954
=	0.20

LC-Tec Holding AB (NGM:LCT) 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.

LC-Tec Holding AB's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	3.954	/	0.78	*	365 / 4
	=	462.57

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.

LC-Tec Holding AB's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	3.954	/	2.367
	=	1.67

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.

LC-Tec Holding AB Inventory Turnover Related Terms

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

LC-Tec Holding AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LC-Tec Holding AB (NGM:LCT) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Tunavagen 281, Borlange, SWE, 781 73

Website

http://www.lc-tec.se

LC-Tec Holding AB is a technology company. The company design and manufacture optical components based on liquid crystal technology (LC). Its products inlcude optical shutters, variable ND filters, polarization modulators, variable retarders, and information displays. The group applications are used 3D projections, direct-view 3D displays, photography and videography, industrial cameras and machine vision, smart eyewear, welding, laser attenuation, and research and development applications.

LC-Tec Holding AB Headlines

No Headlines