Fortnox AB (OSTO:FNOX) Inventory Turnover : 0.00 (As of Mar. 2025)

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What is Fortnox 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. Fortnox AB's Cost of Goods Sold for the three months ended in Mar. 2025 was kr202 Mil. Fortnox AB's Average Total Inventories for the quarter that ended in Mar. 2025 was kr0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fortnox AB's Days Inventory for the three months ended in Mar. 2025 was 0.00.

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. Fortnox AB's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.00.

Fortnox AB Inventory Turnover Historical Data

The historical data trend for Fortnox 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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Fortnox AB Inventory Turnover Chart

Fortnox AB Annual Data

Trend

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Inventory Turnover

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Fortnox 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															-	-	-	-	-

Fortnox AB Inventory Turnover Calculation

Fortnox 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 )
=	759	/ (	(0	+	0)	/	1 )
=	759	/	0
=	N/A

Fortnox 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 )
=	202	/ (	(0	+	0)	/	1 )
=	202	/	0
=	N/A

Fortnox AB (OSTO:FNOX) 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.

Fortnox 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
	=	0	/	202	*	365 / 4
	=	0.00

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.

Fortnox 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 )
	=	0	/	563
	=	0.00

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.

Fortnox AB Inventory Turnover Related Terms

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Fortnox AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fortnox AB (OSTO:FNOX) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

FNOXs:UK 0G3T:UK 9E80:Germany

Address

Framtidsvagen Street 10A, PO Box 427, Videum Science Park, Vaxjo, SWE, 351 06

Website

https://www.fortnox.se

Fortnox AB provides internet-based business applications that offer products, packages, and integrations to cover a business's financial and administrative needs by creating easy flows in accounting, invoicing, financing, and managing employees. Its segments are Businesses, Accounting Firms, Core Products, Financial Services, and Marketplaces.

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