Athanase Innovation AB (OSTO:ATIN) Inventory Turnover: 0.00 (As of Dec. 2020)

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OSTO:ATIN Athanase Innovation AB OSTO:ATIN
26 GF Score
Price kr20.80
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What is Athanase Innovation AB Inventory Turnover?

Athanase Innovation AB OSTO:ATIN 26 Inventory Turnover is 0.00 as of Dec. 2020. GuruFocus rates OSTO:ATIN with a GF Score™ of 26/100.

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. Athanase Innovation AB's Cost of Goods Sold for the six months ended in Dec. 2020 was kr0.00 Mil. Athanase Innovation AB's Average Total Inventories for the quarter that ended in Dec. 2020 was kr0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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. Athanase Innovation AB's Inventory-to-Revenue for the quarter that ended in Dec. 2020 was 0.00.

Athanase Innovation AB  (OSTO:ATIN) 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.

Athanase Innovation AB's Days Inventory for the six months ended in Dec. 2020 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2020 )/Cost of Goods Sold (Q: Dec. 2020 )*Days in Period
=0/0*365 / 2
=

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.

Athanase Innovation AB's Inventory to Revenue for the quarter that ended in Dec. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2020 ) / Revenue (Q: Dec. 2020 )
=0 / 0.352
=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.

Athanase Innovation AB Inventory Turnover Related Terms

Athanase Innovation AB Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Athanase Innovation AB'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.

Athanase Innovation AB Inventory Turnover Chart

Athanase Innovation AB Annual Data
Trend Jun17 Jun18 Jun19
Inventory Turnover
0.00 0.00 0.00

Athanase Innovation AB Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20
Inventory Turnover Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00
OSTO:ATIN
26GF Score
Athanase Innovation AB OSTO:ATIN
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Athanase Innovation AB Inventory Turnover Calculation

Athanase Innovation AB's Inventory Turnover for the fiscal year that ended in Jun. 2019 is calculated as

Inventory Turnover (A: Jun. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2019 ) / ((Total Inventories (A: Jun. 2018 ) + Total Inventories (A: Jun. 2019 )) / count )
=0.929 / ((0 + 0) / 1 )
=0.929 / 0
=N/A

Athanase Innovation AB's Inventory Turnover for the quarter that ended in Dec. 2020 is calculated as

Inventory Turnover (Q: Dec. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2020 ) / ((Total Inventories (Q: Jun. 2020 ) + Total Inventories (Q: Dec. 2020 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
Athanase Innovation AB (OSTO:ATIN) has a Inventory Turnover of 0.00 as of Dec. 2020. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Athanase Innovation AB and its competitors.
Is Athanase Innovation AB's Inventory Turnover too high?
Athanase Innovation AB's current Inventory Turnover is 0.00. Overall, Athanase Innovation AB has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Athanase Innovation AB's Inventory Turnover compare to EVG and SMM?
Athanase Innovation AB's Inventory Turnover of 0.00 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for an Asset Management company?
A good Inventory Turnover depends on the Asset Management industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Athanase Innovation AB and its competitors. Athanase Innovation AB's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Athanase Innovation AB stock overvalued right now?
Athanase Innovation AB (OSTO:ATIN) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Athanase Innovation AB's overall GF Score™ is 26/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Athanase Innovation AB (OSTO:ATIN), the current Inventory Turnover is 0.00 as of Dec. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Athanase Innovation AB Business Description

Address Birger Jarlsgatan 6, Sverige, Stockholm, SWE, 114 34
Athanase Innovation AB is an alternative investment firm with exposure to both private and public equity. It invests in innovative companies that benefit from trends such as robotics, digitalization, and automation. The principal revenue stream is initially management fees charged on the external fund capital and investment income of the underlying assets.
26GF Score

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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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