Scandbook Holding AB (OSTO:SBOK) Inventory Turnover : 1.10 (As of Mar. 2024)

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What is Scandbook Holding 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. Scandbook Holding AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr51.7 Mil. Scandbook Holding AB's Average Total Inventories for the quarter that ended in Mar. 2024 was kr47.0 Mil. Scandbook Holding AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Scandbook Holding AB's Days Inventory for the three months ended in Mar. 2024 was 83.10.

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. Scandbook Holding AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.48.

Scandbook Holding AB Inventory Turnover Historical Data

The historical data trend for Scandbook Holding 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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Scandbook Holding AB Inventory Turnover Chart

Scandbook Holding AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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5.06

5.31

4.76

3.32

3.73

Scandbook Holding AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.87	1.04	1.09	1.19	1.10

Scandbook Holding AB Inventory Turnover Calculation

Scandbook Holding 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 )
=	218.677	/ (	(75.611	+	41.534)	/	2 )
=	218.677	/	58.5725
=	3.73

Scandbook Holding AB's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	51.665	/ (	(41.534	+	52.565)	/	2 )
=	51.665	/	47.0495
=	1.10

Scandbook Holding AB (OSTO:SBOK) 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.

Scandbook Holding AB's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	47.0495	/	51.665	*	365 / 4
	=	83.10

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.

Scandbook Holding AB's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	47.0495	/	97.834
	=	0.48

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.

Scandbook Holding AB Inventory Turnover Related Terms

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Scandbook Holding AB (OSTO:SBOK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Scandbook Holding AB (OSTO:SBOK) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

Lovasvagen 24, Falun, SWE, 791 45

Website

http://www.scandbook.se

Scandbook Holding AB is engaged in the production of hard/soft cover books of various sizes and with cover options. It offers case-bound hardback books with colored or printed paper wrapped with a dust jacket; case-bound hardback books covered with printed paper glued to the cover board; and books with softcovers and paperbacks, as well as with flaps.

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