Cortus Energy AB (OSTO:CE) Inventory Turnover: 0.00 (As of Dec. 2024)

What is Cortus Energy AB Inventory Turnover?

Cortus Energy AB OSTO:CE 8 Inventory Turnover is 0.00 as of Dec. 2024. GuruFocus rates OSTO:CE with a GF Score™ of 8/100.

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. Cortus Energy AB's Cost of Goods Sold for the three months ended in Dec. 2024 was kr0.00 Mil. Cortus Energy AB's Average Total Inventories for the quarter that ended in Dec. 2024 was kr0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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

Cortus Energy AB (OSTO:CE) 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.

Cortus Energy 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	/	0	*	365 / 4
	=

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.

Cortus Energy 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	/	1.529
	=	0.00

* 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.

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.

Cortus Energy AB Inventory Turnover Related Terms

Cortus Energy AB Inventory Turnover Historical Data

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The historical data trend for Cortus Energy AB's Inventory Turnover can be seen below:

Cortus Energy AB Inventory Turnover Chart

Cortus Energy AB Annual Data

Trend

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Inventory Turnover

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0.00

Cortus Energy 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															0.00	0.00	0.00	0.00	0.00

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Cortus Energy AB OSTO:CE

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Cortus Energy AB Inventory Turnover Calculation

Cortus Energy 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 )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Cortus Energy 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 )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.00 mean?

Cortus Energy AB (OSTO:CE) has a Inventory Turnover of 0.00 as of Dec. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Cortus Energy AB and its competitors.

Is Cortus Energy AB's Inventory Turnover too high?

Cortus Energy AB's current Inventory Turnover is 0.00. Overall, Cortus Energy AB has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.

How does Cortus Energy AB's Inventory Turnover compare to CEG?

Cortus Energy AB's Inventory Turnover of 0.00 can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Inventory Turnover for an Utilities - Independent Power Producers company?

A good Inventory Turnover depends on the Utilities - Independent Power Producers industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Cortus Energy AB and its competitors. Cortus Energy AB's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Cortus Energy AB stock overvalued right now?

Cortus Energy AB (OSTO:CE) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Cortus Energy AB's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Cortus Energy AB (OSTO:CE), the current Inventory Turnover is 0.00 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cortus Energy AB Business Description

Industry Utilities Utilities - Independent Power Producers

Comparable Companies OSTO:CIRCLE B OSTO:DLAB SHSE:600900 CEG ISX:BREN WBO:VER SHSE:600025 BSP:ELET3 BOM:541450 SHSE:600905 OCSE:ORSTED SHSE:600886 SZSE:001289 OHEL:FORTUM TSE:9503 BSE:H2O SHSE:600795 NSE:NTPCGREEN BOM:533098 XSWX:BKW

Address Isafjordsgatan 30C, 7th floor, Kista, SWE, 164 40

Website http://www.cortus.se

Cortus Energy AB provides cost-effective and renewable energy gas. It offers energy gas for power, industrial and transport applications.

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