Northbaze Group AB (OSTO:NBZ) Inventory Turnover: 2.28 (As of Sep. 2025)

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OSTO:NBZ Northbaze Group AB OSTO:NBZ
50 GF Score
Price kr0.12
GF Value kr0.63
! 3 Warning Signs
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What is Northbaze Group AB Inventory Turnover?

Northbaze Group AB OSTO:NBZ 50 Inventory Turnover is 2.28 as of Sep. 2025. GuruFocus rates OSTO:NBZ with a GF Score™ of 50/100 and a GF Value™ of kr0.63. The stock has 3 warning signs investors should review.

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. Northbaze Group AB's Cost of Goods Sold for the three months ended in Sep. 2025 was kr62.3 Mil. Northbaze Group AB's Average Total Inventories for the quarter that ended in Sep. 2025 was kr27.3 Mil. Northbaze Group AB's Inventory Turnover for the quarter that ended in Sep. 2025 was 2.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Northbaze Group AB's Days Inventory for the three months ended in Sep. 2025 was 39.99.

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. Northbaze Group AB's Inventory-to-Revenue for the quarter that ended in Sep. 2025 was 0.33.


Northbaze Group AB  (OSTO:NBZ) 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.

Northbaze Group AB's Days Inventory for the three months ended in Sep. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2025 )/Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=27.2875/62.265*365 / 4
=39.99

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.

Northbaze Group AB's Inventory to Revenue for the quarter that ended in Sep. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2025 ) / Revenue (Q: Sep. 2025 )
=27.2875 / 81.682
=0.33

* 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.


Northbaze Group AB Inventory Turnover Related Terms


Northbaze Group AB Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Northbaze Group 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.

Northbaze Group AB Inventory Turnover Chart

Northbaze Group AB Annual Data
Trend Apr15 Apr16 Apr17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.93 4.18 4.92 2.63 5.48

Northbaze Group AB Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 1.05 2.65 1.41 2.55 2.28
OSTO:NBZ
50GF Score
Northbaze Group AB OSTO:NBZ
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Northbaze Group AB Inventory Turnover Calculation

Northbaze Group 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 )
=154.218 / ((25.294 + 30.953) / 2 )
=154.218 / 28.1235
=5.48

Northbaze Group AB's Inventory Turnover for the quarter that ended in Sep. 2025 is calculated as

Inventory Turnover (Q: Sep. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2025 ) / ((Total Inventories (Q: Jun. 2025 ) + Total Inventories (Q: Sep. 2025 )) / count )
=62.265 / ((27.269 + 27.306) / 2 )
=62.265 / 27.2875
=2.28

* 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 2.28 mean?
Northbaze Group AB (OSTO:NBZ) has a Inventory Turnover of 2.28 as of Sep. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Northbaze Group AB and its competitors.
Is Northbaze Group AB's Inventory Turnover too high?
Northbaze Group AB's current Inventory Turnover is 2.28. Overall, Northbaze Group AB has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Northbaze Group AB's Inventory Turnover compare to AAPL?
Northbaze Group AB's Inventory Turnover of 2.28 can be compared against companies in the Hardware 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 Hardware company?
A good Inventory Turnover depends on the Hardware 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 Northbaze Group AB and its competitors. Northbaze Group AB's current Inventory Turnover is 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northbaze Group AB stock overvalued right now?
Northbaze Group AB (OSTO:NBZ) has a current Inventory Turnover of 2.28. The stock's GF Value™ is kr0.63, compared to a current price of kr0.12 — trading 81% below its estimated fair value. The current Inventory Turnover is 2.28. Northbaze Group AB's overall GF Score™ is 50/100 with 3 warning signs to review. 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 Northbaze Group AB (OSTO:NBZ), the current Inventory Turnover is 2.28 as of Sep. 2025. 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.

Is Northbaze Group AB (OSTO:NBZ) Overvalued in 2026?

Based on GuruFocus' analysis, Northbaze Group AB stock appears to be undervalued. The current stock price of kr0.12 is trading 81% below its estimated GF Value™ of kr0.63.

Key valuation signals for OSTO:NBZ:

  • Inventory Turnover: 2.28
  • GF Value™: kr0.63 vs. price of kr0.12 (81% below fair value)
  • GF Score™: 50/100 with 3 warning signs

No single metric tells the full story. See the OSTO:NBZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Northbaze Group AB Business Description

Address Kumla-Frasses gata 2A, Kumla, Orebro, SWE, 692 23
Northbaze Group AB is engaged in sales, development, marketing and support of audio products, as well as owns and manages shares in subsidiaries, manage trademarks, design protection and patents. The company develops, designs and produces headphones, speakers and tech accessories under different brands. The brand portfolio currently consists of the brands Jays Headphones, KAVAJ and Krusell.
50GF Score

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

kr0.12
Price
kr0.63
GF Value