Enad Global 7 AB (OSTO:EG7) Inventory Turnover : 7.11 (As of Sep. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Enad Global 7 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. Enad Global 7 AB's Cost of Goods Sold for the three months ended in Sep. 2024 was kr96 Mil. Enad Global 7 AB's Average Total Inventories for the quarter that ended in Sep. 2024 was kr13 Mil. Enad Global 7 AB's Inventory Turnover for the quarter that ended in Sep. 2024 was 7.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Enad Global 7 AB's Days Inventory for the three months ended in Sep. 2024 was 12.84.

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. Enad Global 7 AB's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.03.

Enad Global 7 AB Inventory Turnover Historical Data

The historical data trend for Enad Global 7 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.

* Premium members only.

Enad Global 7 AB Inventory Turnover Chart

Enad Global 7 AB Annual Data

Trend

Aug15

Aug16

Aug17

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

3.18

35.58

45.53

30.75

34.06

Enad Global 7 AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															7.98	8.15	5.35	4.54	7.11

Enad Global 7 AB Inventory Turnover Calculation

Enad Global 7 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 )
=	533.1	/ (	(17.3	+	14)	/	2 )
=	533.1	/	15.65
=	34.06

Enad Global 7 AB's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	95.6	/ (	(14.2	+	12.7)	/	2 )
=	95.6	/	13.45
=	7.11

Enad Global 7 AB (OSTO:EG7) 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.

Enad Global 7 AB's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	13.45	/	95.6	*	365 / 4
	=	12.84

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.

Enad Global 7 AB's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	13.45	/	469.2
	=	0.03

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.

Enad Global 7 AB Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Enad Global 7 AB's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Enad Global 7 AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Enad Global 7 AB (OSTO:EG7) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

ENADF:USA 0SG:Germany

Address

Sveavagen 17, 5th Floor, Stockholm, SWE, 111 57

Website

https://www.enadglobal7.com

Enad Global 7 AB operates within the gaming industry developing, marketing, publishing, and distributing PC, console, and mobile games to the gaming market. The company's game developers develop its original IPs, as well as act as consultants to other publishers around the world through its game development divisions Daybreak Games, Piranha Games, Toadman Studios, and Big Blue Bubble. In addition, the company's marketing department Petrol has contributed to the release of many titles, of which many are brands such as Call of Duty, Destiny, Dark Souls, and Rage. The company's reportable segments are; Daybreak which generates key revenue, Big Blue Bubble, Piranha, Toadman, Petrol, and Fireshine. Geographically, it derives key revenue from North America.

Enad Global 7 AB Headlines

No Headlines