Photocat AS (OSTO:PCAT) Inventory Turnover : 3.74 (As of Dec. 2024)

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What is Photocat AS 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. Photocat AS's Cost of Goods Sold for the six months ended in Dec. 2024 was kr3.92 Mil. Photocat AS's Average Total Inventories for the quarter that ended in Dec. 2024 was kr1.05 Mil. Photocat AS's Inventory Turnover for the quarter that ended in Dec. 2024 was 3.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Photocat AS's Days Inventory for the six months ended in Dec. 2024 was 48.79.

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. Photocat AS's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.13.

Photocat AS Inventory Turnover Historical Data

The historical data trend for Photocat 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.

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Photocat AS Inventory Turnover Chart

Photocat AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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9.55

9.40

11.22

10.36

10.13

Photocat AS Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															8.29	1.66	4.06	1.09	3.74

Photocat AS Inventory Turnover Calculation

Photocat AS'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 )
=	9.154	/ (	(1.132	+	0.676)	/	2 )
=	9.154	/	0.904
=	10.13

Photocat AS's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	3.924	/ (	(1.422	+	0.676)	/	2 )
=	3.924	/	1.049
=	3.74

Photocat AS (OSTO:PCAT) 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.

Photocat AS's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	1.049	/	3.924	*	365 / 2
	=	48.79

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.

Photocat AS's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	1.049	/	8.155
	=	0.13

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.

Photocat AS Inventory Turnover Related Terms

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Photocat AS Business Description

Industry

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Address

Langebjerg 4, Roskilde, DNK, 4000

Website

https://www.photocat.net

Photocat AS is an environmental technology company. Its products include NOxOFF an air cleaning product; ACTi Floor for flooring, wall panel, ceiling panel or related applications; ShineOn, a self-cleaning product; and Photocat Garden a sealing product. The company's solutions are developed for surface integration on a wide variety of materials generally used in urban open spaces and on normal cladding materials in residential properties. The products are marketed under the brands NOxOFF, ACTIFLOOR, SHINE-ON, and Photocat Garden. The Company produce photocatalytic fluids for building materials and asphalt, which reduces harmful matters caused by air pollution.

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