Aventura Group AB (OSTO:AVENT B) Inventory Turnover : 0.00 (As of Sep. 2023)

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What is Aventura Group AB 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. Aventura Group AB's Cost of Goods Sold for the three months ended in Sep. 2023 was kr1.50 Mil. Aventura Group AB's Average Total Inventories for the quarter that ended in Sep. 2023 was kr0.00 Mil.

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

Aventura Group AB Inventory Turnover Historical Data

The historical data trend for Aventura Group 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.

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Aventura Group AB Inventory Turnover Chart

Aventura Group AB Annual Data

Trend

Dec20

Dec21

Dec22

Inventory Turnover

89.28

105.51

58.08

Aventura Group AB Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial										10.70	13.05	-	-	-

Aventura Group AB Inventory Turnover Calculation

Aventura Group AB's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	54.019	/ (	(0.93	+	0)	/	1 )
=	54.019	/	0.93
=	58.08

Aventura Group AB's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	1.498	/ (	(0	+	0)	/	1 )
=	1.498	/	0
=	N/A

Aventura Group AB (OSTO:AVENT 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.

Aventura Group AB's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	0	/	1.498	*	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.

Aventura Group AB's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	0	/	0.491
	=	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.

Aventura Group AB Inventory Turnover Related Terms

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Aventura Group AB Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

David Bagares gata 7, Stockholm, SWE, 111 36

Website

http://www.aventura.group

Aventura Group AB is a digital brand and e-commerce group focused on the Chinese consumer market. Aventura Group develops and invests in brands with good potential in China and platforms for scaling brands in the market. Its current portfolio includes the subsidiaries Aventura, TicToc Ventures, Aurora Beauty and Headway B2B. The firm has offices in Stockholm, Shanghai, and Hong Kong.

Aventura Group AB Headlines

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