Viva Wine Group AB (OSTO:VIVA) Inventory Turnover : 1.64 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Viva Wine Group 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. Viva Wine Group AB's Cost of Goods Sold for the three months ended in Dec. 2023 was kr898 Mil. Viva Wine Group AB's Average Total Inventories for the quarter that ended in Dec. 2023 was kr547 Mil. Viva Wine Group AB's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Viva Wine Group AB's Days Inventory for the three months ended in Dec. 2023 was 55.53.

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. Viva Wine Group AB's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.50.

Viva Wine Group AB Inventory Turnover Historical Data

The historical data trend for Viva Wine 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.

* Premium members only.

Viva Wine Group AB Inventory Turnover Chart

Viva Wine Group AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

6.31

6.23

5.66

5.84

6.10

Viva Wine Group AB Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial											1.52	1.30	1.56	1.38	1.64

Viva Wine Group AB Inventory Turnover Calculation

Viva Wine Group 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 )
=	3208	/ (	(535	+	516)	/	2 )
=	3208	/	525.5
=	6.10

Viva Wine Group AB's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	898	/ (	(577	+	516)	/	2 )
=	898	/	546.5
=	1.64

Viva Wine Group AB (OSTO:VIVA) 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.

Viva Wine Group AB's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	546.5	/	898	*	365 / 4
	=	55.53

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.

Viva Wine Group AB's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	546.5	/	1099
	=	0.50

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.

Viva Wine Group AB Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Viva Wine Group AB's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Viva Wine Group AB (OSTO:VIVA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Viva Wine Group AB (OSTO:VIVA) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Blasieholmsgatan 4A, Stockholm, SWE, 111 48

Website

https://www.vivagroup.se

Viva Wine Group AB is a Sweden-based wine group operating in the e-commerce alcoholic beverages market. It develops, markets, and sells both wholly owned and partner brands in several markets. The company's geographical segments include Sweden, Finland, Germany, Norway, and other countries, of which Sweden accounts for the majority of its revenue.

Viva Wine Group AB (OSTO:VIVA) Headlines

No Headlines