Balco Group AB (OSTO:BALCO) Inventory Turnover : 4.96 (As of Mar. 2025)

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What is Balco 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. Balco Group AB's Cost of Goods Sold for the three months ended in Mar. 2025 was kr311 Mil. Balco Group AB's Average Total Inventories for the quarter that ended in Mar. 2025 was kr63 Mil. Balco Group AB's Inventory Turnover for the quarter that ended in Mar. 2025 was 4.96.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Balco Group AB's Days Inventory for the three months ended in Mar. 2025 was 18.41.

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. Balco Group AB's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.20.

Balco Group AB Inventory Turnover Historical Data

The historical data trend for Balco 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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Balco Group AB Inventory Turnover Chart

Balco Group AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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35.28

20.94

18.75

17.64

20.12

Balco Group AB Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial															4.13	4.22	3.93	4.85	4.96

Balco Group AB Inventory Turnover Calculation

Balco Group AB'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 )
=	1169.952	/ (	(51.492	+	64.807)	/	2 )
=	1169.952	/	58.1495
=	20.12

Balco Group AB's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

	Inventory Turnover (Q: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2025 )	/ (	(Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )
=	310.5	/ (	(64.807	+	60.5)	/	2 )
=	310.5	/	62.6535
=	4.96

Balco Group AB (OSTO:BALCO) 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.

Balco Group AB's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2025 )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
	=	62.6535	/	310.5	*	365 / 4
	=	18.41

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.

Balco Group AB's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2025 )	/	Revenue (Q: Mar. 2025 )
	=	62.6535	/	315.9
	=	0.20

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.

Balco Group AB Inventory Turnover Related Terms

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Balco Group AB Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Balco Group AB (OSTO:BALCO) » Definitions » Inventory Turnover

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0RUW:UK

Address

Algvagen 4, Vaxjo, SWE, 352 45

Website

https://www.balcogroup.se

Balco Group AB provides expertise in supplying glazed balconies and balcony solutions. It offers customer-adapted and balcony solutions to tenant-owner associations, the public housing sector, private landlords, and construction companies. Its operating segment includes the Renovation segment including the replacement and extension of existing balconies and the installation of new balconies mainly glazed on apartment buildings. The New Build segment includes balconies in the construction of apartment buildings and balcony projects in the maritime market. It generates maximum revenue from the Renovation segment. Geographically, it derives a majority of its revenue from Sweden and also has a presence in Germany, Norway, Denmark the United Kingdom, Netherlands, Finland, and Switzerland.

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