Shape Robotics AS (OCSE:SHAPE) Inventory Turnover : 1.23 (As of Dec. 2024)

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What is Shape Robotics AS 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. Shape Robotics AS's Cost of Goods Sold for the three months ended in Dec. 2024 was kr77.1 Mil. Shape Robotics AS's Average Total Inventories for the quarter that ended in Dec. 2024 was kr62.5 Mil. Shape Robotics AS's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shape Robotics AS's Days Inventory for the three months ended in Dec. 2024 was 73.99.

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. Shape Robotics AS's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.50.

Shape Robotics AS Inventory Turnover Historical Data

The historical data trend for Shape Robotics AS'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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Shape Robotics AS Inventory Turnover Chart

Shape Robotics AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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1.52

2.45

2.34

3.00

4.01

Shape Robotics AS Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															1.06	0.67	1.14	0.82	1.23

Shape Robotics AS Inventory Turnover Calculation

Shape Robotics AS's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	204.066	/ (	(37.999	+	63.757)	/	2 )
=	204.066	/	50.878
=	4.01

Shape Robotics AS's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	77.106	/ (	(61.286	+	63.757)	/	2 )
=	77.106	/	62.5215
=	1.23

Shape Robotics AS (OCSE:SHAPE) 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.

Shape Robotics AS's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	62.5215	/	77.106	*	365 / 4
	=	73.99

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.

Shape Robotics AS's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	62.5215	/	124.685
	=	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.

Shape Robotics AS Inventory Turnover Related Terms

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Shape Robotics AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shape Robotics AS (OCSE:SHAPE) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

50O:Germany

Address

Lyskaer 3C, 4th Floor, Herlev, DNK, 2730

Website

https://www.shaperobotics.com

Shape Robotics AS is an educational technology company. It has developed schools with excellent classroom technology for STEAM Education which stands for Science, Technology, Engineering, Arts, and Mathematics. Its products include educational robots, such as Fable, Fable Go, Fable Explore, Steam Lab, and Teacher Zone. It operates in Denmark, Romania, Poland, United States and Others. It derives maximum revenue from Romania.

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