Kongsberg Automotive Holdings ASA (OSTO:KOAO) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Kongsberg Automotive Holdings ASA 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. Kongsberg Automotive Holdings ASA's Cost of Goods Sold for the three months ended in Mar. 2024 was kr0 Mil. Kongsberg Automotive Holdings ASA's Average Total Inventories for the quarter that ended in Mar. 2024 was kr1,139 Mil. Kongsberg Automotive Holdings ASA's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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. Kongsberg Automotive Holdings ASA's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.47.

Kongsberg Automotive Holdings ASA Inventory Turnover Historical Data

The historical data trend for Kongsberg Automotive Holdings ASA'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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Kongsberg Automotive Holdings ASA Inventory Turnover Chart

Kongsberg Automotive Holdings ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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5.21

3.65

4.36

4.92

4.77

Kongsberg Automotive Holdings ASA 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															-	-	-	-	-

Kongsberg Automotive Holdings ASA Inventory Turnover Calculation

Kongsberg Automotive Holdings ASA'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 )
=	5196.471	/ (	(1009.989	+	1167.682)	/	2 )
=	5196.471	/	1088.8355
=	4.77

Kongsberg Automotive Holdings ASA'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 )
=	0	/ (	(1167.682	+	1110.81)	/	2 )
=	0	/	1139.246
=	0.00

Kongsberg Automotive Holdings ASA (OSTO:KOAo) 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.

Kongsberg Automotive Holdings ASA'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
	=	1139.246	/	0	*	365 / 4
	=

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.

Kongsberg Automotive Holdings ASA'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 )
	=	1139.246	/	2446.55
	=	0.47

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.

Kongsberg Automotive Holdings ASA Inventory Turnover Related Terms

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Kongsberg Automotive Holdings ASA (OSTO:KOAO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Kongsberg Automotive Holdings ASA (OSTO:KOAo) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

KGAUF:USA KOA:Norway KOAo:UK K3A:Germany

Address

Europaallee 39, Zurich, CHE, 8004

Website

https://www.kongsbergautomotive.com

Kongsberg Automotive Holdings ASA is a Norway-based company that develops, manufactures and sells products to the automotive industry. The company has organized its businesses into two segments, namely Powertrain and Chassis Products and Specialty Products. The Powertrain and Chassis Products business segment is comprised of the Driveline and On-Highway business units, while the business units under the Specialty Products business segment are Couplings, Fluid Transfer Systems (FTS), and Off-Highway.

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