Bergs Timber AB (OSTO:BRG B) Inventory Turnover : 0.84 (As of Sep. 2023)

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What is Bergs Timber 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. Bergs Timber AB's Cost of Goods Sold for the three months ended in Sep. 2023 was kr483 Mil. Bergs Timber AB's Average Total Inventories for the quarter that ended in Sep. 2023 was kr574 Mil. Bergs Timber AB's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.84.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bergs Timber AB's Days Inventory for the three months ended in Sep. 2023 was 108.44.

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. Bergs Timber AB's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.74.

Bergs Timber AB Inventory Turnover Historical Data

The historical data trend for Bergs Timber 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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Bergs Timber AB Inventory Turnover Chart

Bergs Timber AB Annual Data

Trend

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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3.83

2.39

2.65

3.33

2.77

Bergs Timber AB Quarterly Data
	Aug18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															0.56	0.55	0.70	0.83	0.84

Bergs Timber AB Inventory Turnover Calculation

Bergs Timber 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 )
=	1982	/ (	(733	+	700)	/	2 )
=	1982	/	716.5
=	2.77

Bergs Timber 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 )
=	483	/ (	(626	+	522)	/	2 )
=	483	/	574
=	0.84

Bergs Timber AB (OSTO:BRG 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.

Bergs Timber 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
	=	574	/	483	*	365 / 4
	=	108.44

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.

Bergs Timber 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 )
	=	574	/	777
	=	0.74

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.

Bergs Timber AB Inventory Turnover Related Terms

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Bergs Timber AB (OSTO:BRG B) Business Description

Industry

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Address

Vastra Tradgardsgatan 15, Stockholm, SWE, 111 53

Website

https://www.bergstimber.com

Bergs Timber AB is engaged in the production and sale of sawn and processed timber products. The company manufactures gardening products, windows, doors, and prefabricated houses, and a facility for rot-proofing wood in Sweden. The company operates in three business segments: Wood Protection, Joinery, and Sawn Wood. Wood Protection conducts operations in wood preservatives. The Joinery product area manufactures processed products from wood such as houses, windows, and doors as well as a broad range of garden products such as fencing, windbreaks, benches, tables, and swimming pool sets. The Sawn Wood product area produces sawn products from two subsidiaries: Vika Wood in Latvia and Laest in Estonia.

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