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USWE Sports AB (OSTO:USWE) Inventory Turnover : 0.41 (As of Dec. 2024)


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What is USWE Sports 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. USWE Sports AB's Cost of Goods Sold for the three months ended in Dec. 2024 was kr14.2 Mil. USWE Sports AB's Average Total Inventories for the quarter that ended in Dec. 2024 was kr35.1 Mil. USWE Sports AB's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. USWE Sports AB's Days Inventory for the three months ended in Dec. 2024 was 224.94.

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. USWE Sports AB's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.07.


USWE Sports AB Inventory Turnover Historical Data

The historical data trend for USWE Sports 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.

USWE Sports AB Inventory Turnover Chart

USWE Sports AB Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
3.11 3.26 2.97 1.46 1.21

USWE Sports AB Quarterly Data
Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.32 0.33 0.29 0.33 0.41

USWE Sports AB Inventory Turnover Calculation

USWE Sports AB's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Inventory Turnover (A: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2024 ) / ((Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count )
=44.925 / ((36.118 + 38.013) / 2 )
=44.925 / 37.0655
=1.21

USWE Sports AB'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: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count )
=14.234 / ((34.325 + 35.851) / 2 )
=14.234 / 35.088
=0.41

* 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.


USWE Sports AB  (OSTO:USWE) 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.

USWE Sports AB's Days Inventory for the three 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
=35.088/14.234*365 / 4
=224.94

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.

USWE Sports AB'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 )
=35.088 / 32.884
=1.07

* 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.


USWE Sports AB Inventory Turnover Related Terms

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USWE Sports AB Business Description

Traded in Other Exchanges
N/A
Address
Bronsaldersgatan 1, Malmo, SWE, 213 76
USWE Sports AB manufactures bounce free action backpacks that provide the perfect fit on individual level. The unique shape and suspension allow to snug the packs really tight to the body, without affecting breathing capacity or body movement. USWE also makes Hydration Hip Belts, Hip Bags, Hip Pouches, Protector Backpacks and Commuter Backpacks. Further it also manufactures accessories for backpack such as Phone Pockets, Hydration Reservoirs, Bite valves, Tool Pouches, Dry Sacks and more.

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