Bufab AB (OSTO:BUFAB) Inventory Turnover : 0.55 (As of Mar. 2024)

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What is Bufab 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. Bufab AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr1,524 Mil. Bufab AB's Average Total Inventories for the quarter that ended in Mar. 2024 was kr2,784 Mil. Bufab AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.55.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bufab AB's Days Inventory for the three months ended in Mar. 2024 was 166.69.

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. Bufab AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.30.

Bufab AB Inventory Turnover Historical Data

The historical data trend for Bufab 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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Bufab AB Inventory Turnover Chart

Bufab AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.25

2.49

2.45

2.16

1.96

Bufab AB 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															0.51	0.50	0.47	0.47	0.55

Bufab AB Inventory Turnover Calculation

Bufab AB'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 )
=	6186	/ (	(3449	+	2857)	/	2 )
=	6186	/	3153
=	1.96

Bufab AB'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 )
=	1524	/ (	(2857	+	2711)	/	2 )
=	1524	/	2784
=	0.55

Bufab AB (OSTO:BUFAB) 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.

Bufab AB'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
	=	2784	/	1524	*	365 / 4
	=	166.69

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.

Bufab AB'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 )
	=	2784	/	2149
	=	1.30

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.

Bufab AB Inventory Turnover Related Terms

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Bufab AB (OSTO:BUFAB) Business Description

Industry

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Traded in Other Exchanges

29B:Germany

Address

Box 2266, Varnamo, SWE, SE-331 02

Website

https://www.bufab.com

Bufab AB is a trading company. The company offers its customers a full-service solution as a Supply Chain Partner for sourcing, quality control, and logistics for C-parts screws, nuts, and washers. The group serves a variety of industries, including telecommunication, automotive, furniture, offshore, refining industry, and construction sector. Its geographical segments are North (Sweden, Finland, Norway, and Denmark), West (n France, the Netherlands, Germany, the Czech Republic, Austria, and Spain), East (Poland, Hungary, Romania, the Baltic States, Russia, Slovakia, Turkey, China, Singapore and other countries in Southeast Asia, and India), and UK/North America (UK, Ireland, the United States, and Mexico).

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