Yubico AB (STU:0FE) Inventory Turnover : 0.18 (As of Sep. 2024)

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What is Yubico 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. Yubico AB's Cost of Goods Sold for the three months ended in Sep. 2024 was €9.9 Mil. Yubico AB's Average Total Inventories for the quarter that ended in Sep. 2024 was €54.8 Mil. Yubico AB's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yubico AB's Days Inventory for the three months ended in Sep. 2024 was 507.59.

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. Yubico AB's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.06.

Yubico AB Inventory Turnover Historical Data

The historical data trend for Yubico 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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Yubico AB Inventory Turnover Chart

Yubico AB Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

1.45

0.79

Yubico AB Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial										0.19	0.05	0.18	0.20	0.18

Yubico AB Inventory Turnover Calculation

Yubico 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 )
=	23.806	/ (	(15.309	+	44.788)	/	2 )
=	23.806	/	30.0485
=	0.79

Yubico 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 )
=	9.856	/ (	(53.621	+	56.03)	/	2 )
=	9.856	/	54.8255
=	0.18

Yubico AB (STU:0FE) 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.

Yubico 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
	=	54.8255	/	9.856	*	365 / 4
	=	507.59

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.

Yubico 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 )
	=	54.8255	/	51.96
	=	1.06

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.

Yubico AB Inventory Turnover Related Terms

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Yubico AB Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

YUBCF:USA YUBICO:Sweden

Address

Kungsgatan 44, Stockholm, SWE, 111 35

Website

https://www.yubico.com

Yubico AB is a leader in setting global standards for secure access to computers, mobile devices, servers, browsers, and internet accounts. Yubico is a creator and core contributor to the FIDO2, WebAuthn, and FIDO Universal 2nd Factor (U2F) open authentication standards, and is a pioneer in delivering modern, hardware-based passkey authentication security at scale to customers in over 160 countries. The company is a global cybersecurity company and inventor of the YubiKey, which offers the gold standard for phishing-resistant multi-factor authentication (MFA).

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