JLT Mobile Computers AB (OSTO:JLT) Inventory Turnover : 0.34 (As of Dec. 2024)

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What is JLT Mobile Computers 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. JLT Mobile Computers AB's Cost of Goods Sold for the three months ended in Dec. 2024 was kr13.0 Mil. JLT Mobile Computers AB's Average Total Inventories for the quarter that ended in Dec. 2024 was kr38.6 Mil. JLT Mobile Computers AB's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. JLT Mobile Computers AB's Days Inventory for the three months ended in Dec. 2024 was 270.79.

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. JLT Mobile Computers AB's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.50.

JLT Mobile Computers AB Inventory Turnover Historical Data

The historical data trend for JLT Mobile Computers 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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JLT Mobile Computers AB Inventory Turnover Chart

JLT Mobile Computers AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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3.42

3.55

2.72

2.03

1.54

JLT Mobile Computers 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															0.49	0.49	0.44	0.29	0.34

JLT Mobile Computers AB Inventory Turnover Calculation

JLT Mobile Computers 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 )
=	64.192	/ (	(45.23	+	38.258)	/	2 )
=	64.192	/	41.744
=	1.54

JLT Mobile Computers 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 )
=	13	/ (	(38.9	+	38.258)	/	2 )
=	13	/	38.579
=	0.34

JLT Mobile Computers AB (OSTO:JLT) 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.

JLT Mobile Computers 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
	=	38.579	/	13	*	365 / 4
	=	270.79

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.

JLT Mobile Computers 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 )
	=	38.579	/	25.8
	=	1.50

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.

JLT Mobile Computers AB Inventory Turnover Related Terms

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JLT Mobile Computers AB Business Description

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Address

Isbjornsvagen 3, Vaxjo, SWE, SE-352 45

Website

https://www.jltmobile.com

JLT Mobile Computers AB is a Sweden-based company engaged in the manufacturing of rugged mobile computers. It is engaged in the development, manufacture, and marketing of rugged vehicle-mounted computers and mobile handheld tablet computers. The computers are manufactured to withstand environmental conditions like moisture, dust, vibrations, electromagnetic fields or extreme temperatures. The company's products are used in many industries, including warehousing, ports, agriculture, and mining. The company conducts sales in three geographic regions: the Nordics, EMEA (Europe excluding the Nordics, plus the Middle East and Africa), and the Americas (North and South America).

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