Invisio AB (OSTO:IVSO) Inventory Turnover : 0.49 (As of Mar. 2024)

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What is Invisio 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. Invisio AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr120 Mil. Invisio AB's Average Total Inventories for the quarter that ended in Mar. 2024 was kr245 Mil. Invisio AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Invisio AB's Days Inventory for the three months ended in Mar. 2024 was 186.07.

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. Invisio AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.80.

Invisio AB Inventory Turnover Historical Data

The historical data trend for Invisio 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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Invisio AB Inventory Turnover Chart

Invisio AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.04

2.11

2.17

2.49

2.57

Invisio AB Quarterly Data
	Jun19	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															0.80	0.62	0.58	0.65	0.49

Invisio AB Inventory Turnover Calculation

Invisio 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 )
=	491.2	/ (	(144.4	+	238.2)	/	2 )
=	491.2	/	191.3
=	2.57

Invisio 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 )
=	120.2	/ (	(238.2	+	252)	/	2 )
=	120.2	/	245.1
=	0.49

Invisio AB (OSTO:IVSO) 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.

Invisio 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
	=	245.1	/	120.2	*	365 / 4
	=	186.07

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.

Invisio 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 )
	=	245.1	/	308.2
	=	0.80

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.

Invisio AB Inventory Turnover Related Terms

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Invisio AB (OSTO:IVSO) Business Description

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ICQ:Germany

Address

Stamholmen 157, Hvidovre, DNK, DK-2650

Website

https://www.invisio.com

Invisio AB develops and sells advanced communications and hearing protection systems for professional users. The product portfolio includes the control units INVISIO V20, INVISIO V50, and INVISIO V60, with one, two or three connection ports. The company offers headsets, control units, intercom systems, accessories and remote push-to-talk units, and cables. Its customers are in defense and security. The company operates in Sweden, Europe, North America, and the Rest of the world.

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