Lauritz com Group AS (OSTO:LAUR) Inventory Turnover: 87.22 (As of Mar. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSTO:LAUR Lauritz com Group AS OSTO:LAUR
4 GF Score
Price kr0.24
View Full Analysis

What is Lauritz com Group AS Inventory Turnover?

Lauritz com Group AS OSTO:LAUR 4 Inventory Turnover is 87.22 as of Mar. 2023. GuruFocus rates OSTO:LAUR with a GF Score™ of 4/100.

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. Lauritz com Group AS's Cost of Goods Sold for the three months ended in Mar. 2023 was kr12.8 Mil. Lauritz com Group AS's Average Total Inventories for the quarter that ended in Mar. 2023 was kr0.1 Mil. Lauritz com Group AS's Inventory Turnover for the quarter that ended in Mar. 2023 was 87.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lauritz com Group AS's Days Inventory for the three months ended in Mar. 2023 was 1.05.

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. Lauritz com Group AS's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.00.

Lauritz com Group AS  (OSTO:LAUR) 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.

Lauritz com Group AS's Days Inventory for the three months ended in Mar. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2023 )/Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=0.1465/12.777*365 / 4
=1.05

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.

Lauritz com Group AS's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=0.1465 / 46.514
=0.00

* 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.

Lauritz com Group AS Inventory Turnover Related Terms

Lauritz com Group AS Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Lauritz com Group AS'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.

Lauritz com Group AS Inventory Turnover Chart

Lauritz com Group AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 126.72 173.43 548.76 600.75 590.78

Lauritz com Group AS Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 137.26 73.23 88.60 135.72 87.22
OSTO:LAUR
4GF Score
Lauritz com Group AS OSTO:LAUR
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lauritz com Group AS Inventory Turnover Calculation

Lauritz com Group AS'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: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count )
=66.463 / ((0.16 + 0.065) / 2 )
=66.463 / 0.1125
=590.78

Lauritz com Group AS's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover (Q: Mar. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2023 ) / ((Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count )
=12.777 / ((0.065 + 0.228) / 2 )
=12.777 / 0.1465
=87.22

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 87.22 mean?
Lauritz com Group AS (OSTO:LAUR) has a Inventory Turnover of 87.22 as of Mar. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Lauritz com Group AS and its competitors.
Is Lauritz com Group AS's Inventory Turnover too high?
Lauritz com Group AS's current Inventory Turnover is 87.22. Overall, Lauritz com Group AS has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Lauritz com Group AS's Inventory Turnover compare to ORLY and AZO?
Lauritz com Group AS's Inventory Turnover of 87.22 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Retail - Cyclical company?
A good Inventory Turnover depends on the Retail - Cyclical industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Lauritz com Group AS and its competitors. Lauritz com Group AS's current Inventory Turnover is 87.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lauritz com Group AS stock overvalued right now?
Lauritz com Group AS (OSTO:LAUR) has a current Inventory Turnover of 87.22. The current Inventory Turnover is 87.22. Lauritz com Group AS's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Lauritz com Group AS (OSTO:LAUR), the current Inventory Turnover is 87.22 as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Lauritz com Group AS Business Description

Address Dynamovej 11C, Soborg, DNK, 2860
Lauritz com Group AS provides online auctions service. It offers traditional auctions of art, design, antiques & home luxury online. The company operates through its own auction houses and auction houses operated by partners under partnership agreements. The products auctioned by the company include carpets, rugs, textiles, clothing, shoes, accessories, electronics, furniture, sports and leisure, home and garden, paintings, etc.
4GF Score

Get the complete analysis for OSTO:LAUR

Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr0.24
Price