OptiCept Technologies AB (OSTO:OPTI) Inventory Turnover : 0.03 (As of Sep. 2024)

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What is OptiCept Technologies 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. OptiCept Technologies AB's Cost of Goods Sold for the three months ended in Sep. 2024 was kr1.41 Mil. OptiCept Technologies AB's Average Total Inventories for the quarter that ended in Sep. 2024 was kr40.79 Mil. OptiCept Technologies AB's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. OptiCept Technologies AB's Days Inventory for the three months ended in Sep. 2024 was 2,632.15.

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. OptiCept Technologies AB's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 10.50.

OptiCept Technologies AB Inventory Turnover Historical Data

The historical data trend for OptiCept Technologies 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.

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OptiCept Technologies AB Inventory Turnover Chart

OptiCept Technologies AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.35

-1.90

-0.16

0.57

-0.06

OptiCept Technologies AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															0.02	0.05	0.01	-0.02	0.03

OptiCept Technologies AB Inventory Turnover Calculation

OptiCept Technologies 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 )
=	-2.367	/ (	(30.776	+	43.424)	/	2 )
=	-2.367	/	37.1
=	-0.06

OptiCept Technologies 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 )
=	1.414	/ (	(41.823	+	39.752)	/	2 )
=	1.414	/	40.7875
=	0.03

OptiCept Technologies AB (OSTO:OPTI) 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.

OptiCept Technologies 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
	=	40.7875	/	1.414	*	365 / 4
	=	2,632.15

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.

OptiCept Technologies 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 )
	=	40.7875	/	3.883
	=	10.50

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.

OptiCept Technologies AB Inventory Turnover Related Terms

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OptiCept Technologies AB Business Description

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725:Germany

Address

Skiffervagen 12, Lund, SWE, 224 78

Website

https://www.opticept.se

OptiCept Technologies AB is engaged in providing technology and machinery for the food and plant industry that impacts in terms of sustainability, quality, and efficiency. It provides methods and machines for treating postharvest products like cut flowers and cuttings as well as food products like fruits and vegetables.