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Inwido AB (OSTO:INWI) Inventory Turnover : 2.94 (As of Dec. 2024)


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What is Inwido 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. Inwido AB's Cost of Goods Sold for the three months ended in Dec. 2024 was kr1,796 Mil. Inwido AB's Average Total Inventories for the quarter that ended in Dec. 2024 was kr610 Mil. Inwido AB's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.94.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Inwido AB's Days Inventory for the three months ended in Dec. 2024 was 31.01.

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. Inwido AB's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.25.


Inwido AB Inventory Turnover Historical Data

The historical data trend for Inwido 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.

Inwido AB Inventory Turnover Chart

Inwido AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.50 10.76 10.32 9.54 10.83

Inwido 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.51 2.19 2.67 2.64 2.94

Inwido AB Inventory Turnover Calculation

Inwido 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 )
=6589.8 / ((615.5 + 601.7) / 2 )
=6589.8 / 608.6
=10.83

Inwido 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 )
=1796.3 / ((619.2 + 601.7) / 2 )
=1796.3 / 610.45
=2.94

* 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.


Inwido AB  (OSTO:INWI) 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.

Inwido 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
=610.45/1796.3*365 / 4
=31.01

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.

Inwido 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 )
=610.45 / 2423.4
=0.25

* 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.


Inwido AB Inventory Turnover Related Terms

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Inwido AB Business Description

Traded in Other Exchanges
Address
Engelbrektsgatan 15, Malmo, SWE, SE-211 33
Inwido AB is a building material company that supplies both windows and doors. The company sells these products through three outlets, which include sales to manufacturers of prefabricated homes, construction companies, and direct to consumers. Inwido sells corporate brands such as Elitfonster and Tiivi. The majority of the company's revenue comes from Sweden. In addition to Inwindo's diversified product portfolio of doors and windows, the company offers "smart windows" that have antibacterial glass, integrated camera surveillance, and locks that can be operated via mobile phone apps. Inwido divides the business into four operating segments. The four segments are Scandinavia, Eastern Europe, e-Commerce, and Western Europe, out of which the majority is from the Scandinavia segment.

Inwido AB Headlines

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