CAG Group AB (OSTO:CAG) Inventory Turnover : 425.54 (As of Dec. 2024)

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What is CAG 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. CAG Group AB's Cost of Goods Sold for the three months ended in Dec. 2024 was kr184.3 Mil. CAG Group AB's Average Total Inventories for the quarter that ended in Dec. 2024 was kr0.4 Mil. CAG Group AB's Inventory Turnover for the quarter that ended in Dec. 2024 was 425.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CAG Group AB's Days Inventory for the three months ended in Dec. 2024 was 0.21.

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. CAG Group AB's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.00.

CAG Group AB Inventory Turnover Historical Data

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

CAG Group AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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1,026.81

2,416.16

1,651.78

CAG Group AB Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															582.32	1,386.53	1,318.40	1,210.74	425.54

CAG Group AB Inventory Turnover Calculation

CAG 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 )
=	703.657	/ (	(0.108	+	0.744)	/	2 )
=	703.657	/	0.426
=	1,651.78

CAG Group AB's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	184.258	/ (	(0.122	+	0.744)	/	2 )
=	184.258	/	0.433
=	425.54

CAG Group AB (OSTO:CAG) 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.

CAG Group AB's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	0.433	/	184.258	*	365 / 4
	=	0.21

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.

CAG Group AB's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	0.433	/	231.512
	=	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.

CAG Group AB Inventory Turnover Related Terms

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CAG Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CAG Group AB (OSTO:CAG) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

Kungsgatan 37, Box 22564, Stockholm, SWE, 104 22

Website

https://www.cag.se

CAG Group AB is an information technology consulting company. The company's services include information technology managment, system development, operations and training.