Eltel AB (OSTO:ELTEL) Inventory Turnover : 6.86 (As of Mar. 2025)

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What is Eltel 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. Eltel AB's Cost of Goods Sold for the three months ended in Mar. 2025 was kr1,615 Mil. Eltel AB's Average Total Inventories for the quarter that ended in Mar. 2025 was kr235 Mil. Eltel AB's Inventory Turnover for the quarter that ended in Mar. 2025 was 6.86.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Eltel AB's Days Inventory for the three months ended in Mar. 2025 was 13.30.

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. Eltel AB's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.13.

Eltel AB Inventory Turnover Historical Data

The historical data trend for Eltel 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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Eltel AB Inventory Turnover Chart

Eltel AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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61.80

49.82

36.73

37.17

40.80

Eltel AB Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial															9.95	11.46	9.63	10.29	6.86

Eltel AB Inventory Turnover Calculation

Eltel 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 )
=	8476.279	/ (	(193.519	+	222.001)	/	2 )
=	8476.279	/	207.76
=	40.80

Eltel AB's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

	Inventory Turnover (Q: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2025 )	/ (	(Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )
=	1614.676	/ (	(222.001	+	248.664)	/	2 )
=	1614.676	/	235.3325
=	6.86

Eltel AB (OSTO:ELTEL) 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.

Eltel AB's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2025 )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
	=	235.3325	/	1614.676	*	365 / 4
	=	13.30

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.

Eltel AB's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2025 )	/	Revenue (Q: Mar. 2025 )
	=	235.3325	/	1857.863
	=	0.13

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.

Eltel AB Inventory Turnover Related Terms

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Eltel AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Eltel AB (OSTO:ELTEL) » Definitions » Inventory Turnover

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0R53:UK E5E:Germany

Address

Adolfsbergsvagen 13, POB 126 23, Bromma, Stockholm, SWE, SE-112 92

Website

https://www.eltelgroup.com

Eltel AB is a Sweden-based company that provides technical services for infrastructure networks. The company operates in two key business areas; Communication, and Power. In the Communication business which derives key revenue, it establishes networks and supports digitalization by providing design, installation, upgrades and services to mobile and fixed communication networks. In the Power business, it enables the transmission of renewable energy and electrification by providing maintenance and upgrades to power distribution and transmission, smart grids, and turnkey solutions in e-mobility, solar photovoltaic, wind energy and battery energy storage systems. The company reports its operations in four country segments: Finland, Sweden, Norway, and Denmark.

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