Crayon Group Holding ASA (OSL:CRAYN) Inventory Turnover : 8.83 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Crayon Group Holding ASA 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. Crayon Group Holding ASA's Cost of Goods Sold for the three months ended in Mar. 2024 was kr159 Mil. Crayon Group Holding ASA's Average Total Inventories for the quarter that ended in Mar. 2024 was kr18 Mil. Crayon Group Holding ASA's Inventory Turnover for the quarter that ended in Mar. 2024 was 8.83.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Crayon Group Holding ASA's Days Inventory for the three months ended in Mar. 2024 was 10.33.

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. Crayon Group Holding ASA's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.01.

Crayon Group Holding ASA Inventory Turnover Historical Data

The historical data trend for Crayon Group Holding ASA'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.

Crayon Group Holding ASA Inventory Turnover Chart

Crayon Group Holding ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

1,045.40

1,512.64

84.35

70.86

42.00

Crayon Group Holding ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															8.83	9.63	10.00	9.90	8.83

Crayon Group Holding ASA Inventory Turnover Calculation

Crayon Group Holding ASA'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 )
=	735	/ (	(17	+	18)	/	2 )
=	735	/	17.5
=	42.00

Crayon Group Holding ASA's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	159	/ (	(18	+	0)	/	1 )
=	159	/	18
=	8.83

Crayon Group Holding ASA (OSL:CRAYN) 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.

Crayon Group Holding ASA's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	18	/	159	*	365 / 4
	=	10.33

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.

Crayon Group Holding ASA's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	18	/	1633
	=	0.01

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.

Crayon Group Holding ASA Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Crayon Group Holding ASA's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Crayon Group Holding ASA (OSL:CRAYN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Crayon Group Holding ASA (OSL:CRAYN) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

CRAYF:USA CRAYONo:Sweden CRAYNo:UK 30X:Germany

Address

Gullhaug Torg 5, Oslo, NOR, 0484

Website

https://www.crayon.com

Crayon Group Holding ASA is an information technology advisory firm. The company operates in five business segments; Software & Cloud Direct is Crayon's licence offering from software vendors, Software & Cloud Channel is Crayon's offering towards hosters, system integrators and ISVs, which includes licence advisory/optimization, software licence sales and access to Crayons proprietary tools and IP, Software & Cloud Economics services include processes and tools for enabling clients to build in-house SAM (Software Asset Management) capabilities, licence spend optimization and support for clients in vendor audits, Consulting consists of cloud consulting and solutions consulting services, and Admin & shared services include administrative income and costs, corporate administrative costs.

Crayon Group Holding ASA (OSL:CRAYN) Headlines

No Headlines