Xavi Solutionnode AB (NGM:XAVI B) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is Xavi Solutionnode 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. Xavi Solutionnode AB's Cost of Goods Sold for the three months ended in Dec. 2023 was kr20.32 Mil. Xavi Solutionnode AB's Average Total Inventories for the quarter that ended in Dec. 2023 was kr0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Xavi Solutionnode AB's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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. Xavi Solutionnode AB's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Xavi Solutionnode AB Inventory Turnover Historical Data

The historical data trend for Xavi Solutionnode 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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Xavi Solutionnode AB Inventory Turnover Chart

Xavi Solutionnode AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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4.04

8.47

104.41

Xavi Solutionnode AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Xavi Solutionnode AB Inventory Turnover Calculation

Xavi Solutionnode 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 )
=	93.67	/ (	(0	+	0)	/	1 )
=	93.67	/	0
=	N/A

Xavi Solutionnode AB's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	20.323	/ (	(0	+	0)	/	1 )
=	20.323	/	0
=	N/A

Xavi Solutionnode AB (NGM:XAVI B) 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.

Xavi Solutionnode AB's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0	/	20.323	*	365 / 4
	=	0.00

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.

Xavi Solutionnode AB's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0	/	22.662
	=	0.00

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.

Xavi Solutionnode AB Inventory Turnover Related Terms

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Xavi Solutionnode AB (NGM:XAVI B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Xavi Solutionnode AB (NGM:XAVI B) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Industrigatan 17, Harnosand, SWE, 856 53

Website

https://www.xavisolutions.se

Xavi Solutionnode AB is active in the information technology (IT) sector. The purpose of the group is mainly to invest in information technology. The business consists of several business segments that are operated through different brands such as Frontwalker and Tavana. Within the group, resource and competence reinforcement is offered within all phases of the system development process, comprehensive commitments regarding the development and management of large customer-specific IT systems and for staffing IT support.

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