Candyking Holding AB (OSTO:CANDY) Inventory Turnover : 3.67 (As of Mar. 2015)

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What is Candyking Holding 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. Candyking Holding AB's Cost of Goods Sold for the three months ended in Mar. 2015 was kr289.40 Mil. Candyking Holding AB's Average Total Inventories for the quarter that ended in Mar. 2015 was kr78.82 Mil. Candyking Holding AB's Inventory Turnover for the quarter that ended in Mar. 2015 was 3.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Candyking Holding AB's Days Inventory for the three months ended in Mar. 2015 was 24.85.

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. Candyking Holding AB's Inventory-to-Revenue for the quarter that ended in Mar. 2015 was 0.18.

Candyking Holding AB Inventory Turnover Historical Data

The historical data trend for Candyking Holding 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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Candyking Holding AB Inventory Turnover Chart

Candyking Holding AB Annual Data

Trend

Dec12

Dec13

Dec14

Inventory Turnover

13.75

12.67

13.20

Candyking Holding AB Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
Inventory Turnover	Get a 7-Day Free Trial						2.48	2.63	2.85	3.31	3.67

Candyking Holding AB Inventory Turnover Calculation

Candyking Holding AB's Inventory Turnover for the fiscal year that ended in Dec. 2014 is calculated as

	Inventory Turnover (A: Dec. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2014 )	/ (	(Total Inventories (A: Dec. 2013 )	+	Total Inventories (A: Dec. 2014 ))	/	count )
=	1163.925	/ (	(95.951	+	80.342)	/	2 )
=	1163.925	/	88.1465
=	13.20

Candyking Holding AB's Inventory Turnover for the quarter that ended in Mar. 2015 is calculated as

	Inventory Turnover (Q: Mar. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2015 )	/ (	(Total Inventories (Q: Dec. 2014 )	+	Total Inventories (Q: Mar. 2015 ))	/	count )
=	289.4	/ (	(80.342	+	77.3)	/	2 )
=	289.4	/	78.821
=	3.67

Candyking Holding AB (OSTO:CANDY) 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.

Candyking Holding AB's Days Inventory for the three months ended in Mar. 2015 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2015 )	/	Cost of Goods Sold (Q: Mar. 2015 )	*	Days in Period
	=	78.821	/	289.4	*	365 / 4
	=	24.85

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.

Candyking Holding AB's Inventory to Revenue for the quarter that ended in Mar. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2015 )	/	Revenue (Q: Mar. 2015 )
	=	78.821	/	428.1
	=	0.18

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.

Candyking Holding AB Inventory Turnover Related Terms

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Candyking Holding AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Candyking Holding AB (OSTO:CANDY) » Definitions » Inventory Turnover

Comparable Companies

OSTO:CLA B

Traded in Other Exchanges

N/A

Address

Website

http://group.candyking.com

Candyking Holding AB was founded in 1984. It is a supplier of pick & mix in the Nordic region, the UK and Ireland and has operations in Poland, the Czech Republic, Slovakia and Hungary. Candyking's confectionery concept and brands are Candyking, Karamellkungen, Premiyum and Candyking Favourites.

Candyking Holding AB Headlines

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