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Kentima Holding AB (OSTO:KENH) Inventory Turnover : 0.24 (As of Sep. 2024)


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What is Kentima Holding 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. Kentima Holding AB's Cost of Goods Sold for the three months ended in Sep. 2024 was kr3.88 Mil. Kentima Holding AB's Average Total Inventories for the quarter that ended in Sep. 2024 was kr16.39 Mil. Kentima Holding AB's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kentima Holding AB's Days Inventory for the three months ended in Sep. 2024 was 385.62.

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. Kentima Holding AB's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.45.


Kentima Holding AB Inventory Turnover Historical Data

The historical data trend for Kentima Holding 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.

Kentima Holding AB Inventory Turnover Chart

Kentima Holding AB Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec22
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.62 3.62 3.08 2.33 2.37

Kentima Holding AB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.20 0.35 0.31 0.34 0.24

Kentima Holding AB Inventory Turnover Calculation

Kentima Holding AB's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Inventory Turnover (A: Dec. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2022 ) / ((Total Inventories (A: Jun. 2020 ) + Total Inventories (A: Dec. 2022 )) / count )
=29.25 / ((8.066 + 16.669) / 2 )
=29.25 / 12.3675
=2.37

Kentima Holding AB's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover (Q: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2024 ) / ((Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count )
=3.879 / ((16.812 + 15.973) / 2 )
=3.879 / 16.3925
=0.24

* 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.


Kentima Holding AB  (OSTO:KENH) 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.

Kentima Holding AB's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=16.3925/3.879*365 / 4
=385.62

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.

Kentima Holding AB's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=16.3925 / 11.324
=1.45

* 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.


Kentima Holding AB Inventory Turnover Related Terms

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Kentima Holding AB Business Description

Traded in Other Exchanges
N/A
Address
Kastanjevagen 2, Staffanstorp, SWE, 245 44
Kentima Holding AB is a Sweden based company involved in the development of products in the security and automation sector. Its products include video management software, HMI/SCADA software, industrial computers, and operator panels among others.

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