Klappir Graenar Lausnir hf (OISE:KLAPP B) Inventory Turnover : 0.00 (As of Dec. 2024)

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What is Klappir Graenar Lausnir hf 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. Klappir Graenar Lausnir hf's Cost of Goods Sold for the six months ended in Dec. 2024 was kr29.0 Mil. Klappir Graenar Lausnir hf's Average Total Inventories for the quarter that ended in Dec. 2024 was kr0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Klappir Graenar Lausnir hf's Days Inventory for the six months ended in Dec. 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. Klappir Graenar Lausnir hf's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.00.

Klappir Graenar Lausnir hf Inventory Turnover Historical Data

The historical data trend for Klappir Graenar Lausnir hf'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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Klappir Graenar Lausnir hf Inventory Turnover Chart

Klappir Graenar Lausnir hf Annual Data

Trend

Dec16

Dec17

Dec18

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Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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Klappir Graenar Lausnir hf Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial													-	-	-	-	-

Klappir Graenar Lausnir hf Inventory Turnover Calculation

Klappir Graenar Lausnir hf'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 )
=	47.3	/ (	(0	+	0)	/	1 )
=	47.3	/	0
=	N/A

Klappir Graenar Lausnir hf'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: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	29	/ (	(0	+	0)	/	1 )
=	29	/	0
=	N/A

Klappir Graenar Lausnir hf (OISE:KLAPP 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.

Klappir Graenar Lausnir hf's Days Inventory for the six 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
	=	0	/	29	*	365 / 2
	=	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.

Klappir Graenar Lausnir hf'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 )
	=	0	/	281.9
	=	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.

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Klappir Graenar Lausnir hf Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Klappir Graenar Lausnir hf (OISE:KLAPP B) » Definitions » Inventory Turnover

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Address

Hlidasmari 3, kopavogur, ISL, 201

Website

https://www.klappir.com

Klappir Graenar Lausnir hf develops, sells, and implements software in the environmental field. It is a provider of sustainability software, offering a platform thoroughly crafted to empower effective sustainability management across various sectors such as businesses, municipalities, and governments.

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