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Ovaro Kiinteistosijoitus Oyj (OHEL:OVARO) Inventory Turnover : 0.00 (As of Sep. 2024)


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What is Ovaro Kiinteistosijoitus 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. Ovaro Kiinteistosijoitus Oyj's Cost of Goods Sold for the three months ended in Sep. 2024 was €0.52 Mil. Ovaro Kiinteistosijoitus Oyj's Average Total Inventories for the quarter that ended in Sep. 2024 was €0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ovaro Kiinteistosijoitus Oyj's Days Inventory for the three months ended in Sep. 2024 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. Ovaro Kiinteistosijoitus Oyj's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.00.


Ovaro Kiinteistosijoitus Oyj Inventory Turnover Historical Data

The historical data trend for Ovaro Kiinteistosijoitus 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.

* Premium members only.

Ovaro Kiinteistosijoitus Oyj Inventory Turnover Chart

Ovaro Kiinteistosijoitus Oyj Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
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Ovaro Kiinteistosijoitus Oyj Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Ovaro Kiinteistosijoitus Oyj Inventory Turnover Calculation

Ovaro Kiinteistosijoitus 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 )
=3.256 / ((0 + 0) / 1 )
=3.256 / 0
=N/A

Ovaro Kiinteistosijoitus Oyj'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 )
=0.519 / ((0 + 0) / 1 )
=0.519 / 0
=N/A

* 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.


Ovaro Kiinteistosijoitus Oyj  (OHEL:OVARO) 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.

Ovaro Kiinteistosijoitus Oyj'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
=0/0.519*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.

Ovaro Kiinteistosijoitus Oyj'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 )
=0 / 1.365
=0.00

* 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.


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.


Ovaro Kiinteistosijoitus Oyj Inventory Turnover Related Terms

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Ovaro Kiinteistosijoitus Oyj Business Description

Traded in Other Exchanges
N/A
Address
Mannerheimintie 113, Helsinki, FIN, 00280
Ovaro Kiinteistosijoitus Oyj is a real estate investment company. It invests in Finnish rental apartments and other real estate sites. Its portfolio consists of apartments, business facilities, and parking lots.

Ovaro Kiinteistosijoitus Oyj Headlines

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