LumenRadio AB (OSTO:LUMEN) Inventory Turnover : 0.95 (As of Jun. 2024)

View and export this data going back to 2022. Start your Free Trial

What is LumenRadio 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. LumenRadio AB's Cost of Goods Sold for the three months ended in Jun. 2024 was kr25.4 Mil. LumenRadio AB's Average Total Inventories for the quarter that ended in Jun. 2024 was kr26.8 Mil. LumenRadio AB's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.95.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. LumenRadio AB's Days Inventory for the three months ended in Jun. 2024 was 96.49.

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. LumenRadio AB's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.42.

LumenRadio AB Inventory Turnover Historical Data

The historical data trend for LumenRadio 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.

LumenRadio AB Inventory Turnover Chart

LumenRadio AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

9.15

6.48

6.73

4.73

3.63

LumenRadio AB Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Inventory Turnover	Get a 7-Day Free Trial									1.11	1.00	0.77	0.63	0.95

LumenRadio AB Inventory Turnover Calculation

LumenRadio 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 )
=	89.94	/ (	(22.99	+	26.627)	/	2 )
=	89.94	/	24.8085
=	3.63

LumenRadio AB's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	25.371	/ (	(27.216	+	26.438)	/	2 )
=	25.371	/	26.827
=	0.95

LumenRadio AB (OSTO:LUMEN) 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.

LumenRadio AB's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	26.827	/	25.371	*	365 / 4
	=	96.49

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.

LumenRadio AB's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	26.827	/	64.404
	=	0.42

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.

LumenRadio AB Inventory Turnover Related Terms

Thank you for viewing the detailed overview of LumenRadio AB's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

LumenRadio AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LumenRadio AB (OSTO:LUMEN) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

YV7:Germany

Address

Johan Willins Gata 6, Gothenburg, SWE, SE-416 48

Website

https://www.lumenradio.com

LumenRadio AB provide ultra-reliable and ultra-low power device-to-device wireless connectivity for the most business-critical applications. The company's scalable solutions are based on patented wireless technology for lighting control, building automation and industrial communication.

LumenRadio AB Headlines

No Headlines