Fasadgruppen Group AB (OSTO:FG) Inventory Turnover : 18.49 (As of Mar. 2024)

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What is Fasadgruppen 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. Fasadgruppen Group AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr546 Mil. Fasadgruppen Group AB's Average Total Inventories for the quarter that ended in Mar. 2024 was kr30 Mil. Fasadgruppen Group AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 18.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fasadgruppen Group AB's Days Inventory for the three months ended in Mar. 2024 was 4.93.

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. Fasadgruppen Group AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.03.

Fasadgruppen Group AB Inventory Turnover Historical Data

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

Fasadgruppen Group AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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182.91

126.89

121.04

117.04

97.66

Fasadgruppen Group AB Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial														23.83	24.10	23.92	24.77	18.49

Fasadgruppen Group AB Inventory Turnover Calculation

Fasadgruppen Group 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 )
=	2680.8	/ (	(25.5	+	29.4)	/	2 )
=	2680.8	/	27.45
=	97.66

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

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	545.6	/ (	(29.4	+	29.6)	/	2 )
=	545.6	/	29.5
=	18.49

Fasadgruppen Group AB (OSTO:FG) 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.

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

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	29.5	/	545.6	*	365 / 4
	=	4.93

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	29.5	/	1045.2
	=	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.

Fasadgruppen Group AB Inventory Turnover Related Terms

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Fasadgruppen Group AB (OSTO:FG) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

Wallingatan 2, Stockholm, SWE, 111 60

Website

https://www.fasadgruppen.se

Fasadgruppen Group AB is a service provider of sustainable facades. It offers plastering, masonry, windows and balconies renovations, thermal insulation, carbon fiber reinforcement, scaffolding and various other services. The main customers of the company are property owners, construction companies, property managers, consultants, housing cooperatives as well as state bodies and municipalities.