Inderes Oyj (OHEL:INDERES) Inventory Turnover : 0.00 (As of Jun. 2023)

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What is Inderes Oyj 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. Inderes Oyj's Cost of Goods Sold for the three months ended in Jun. 2023 was €3.22 Mil. Inderes Oyj's Average Total Inventories for the quarter that ended in Jun. 2023 was €0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Inderes Oyj's Days Inventory for the three months ended in Jun. 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. Inderes Oyj's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.00.

Inderes Oyj Inventory Turnover Historical Data

The historical data trend for Inderes Oyj'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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Inderes Oyj Inventory Turnover Chart

Inderes Oyj Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Inderes Oyj Quarterly Data
	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial								-	-	-	-	-

Inderes Oyj Inventory Turnover Calculation

Inderes Oyj'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 )
=	10.376	/ (	(0	+	0)	/	1 )
=	10.376	/	0
=	N/A

Inderes Oyj's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	3.215	/ (	(0	+	0)	/	1 )
=	3.215	/	0
=	N/A

Inderes Oyj (OHEL:INDERES) 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.

Inderes Oyj's Days Inventory for the three months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	0	/	3.215	*	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.

Inderes Oyj's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	0	/	4.286
	=	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.

Inderes Oyj Inventory Turnover Related Terms

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Inderes Oyj (OHEL:INDERES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Inderes Oyj (OHEL:INDERES) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Baltic Sea Market 2, Helsinki, FIN, 00180

Website

https://www.inderes.fi

Inderes Oyj mission is to bring listed companies and investors together. The company has more than 150 listed companies as customers, which want to serve owners and the investor community by providing better investor communication. Inderes' investor community includes more than 64,000 active members interested in investing in equities.

Inderes Oyj (OHEL:INDERES) Headlines

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