GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Soiltech ASA (STU:6YA) » Definitions » Inventory Turnover

Soiltech ASA (STU:6YA) Inventory Turnover : 78.38 (As of Dec. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Soiltech ASA 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. Soiltech ASA's Cost of Goods Sold for the three months ended in Dec. 2024 was €1.02 Mil. Soiltech ASA's Average Total Inventories for the quarter that ended in Dec. 2024 was €0.01 Mil. Soiltech ASA's Inventory Turnover for the quarter that ended in Dec. 2024 was 78.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Soiltech ASA's Days Inventory for the three months ended in Dec. 2024 was 1.16.

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. Soiltech ASA's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.00.

Soiltech ASA Inventory Turnover Historical Data

The historical data trend for Soiltech ASA'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.

Soiltech ASA Inventory Turnover Chart

Soiltech ASA Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Inventory Turnover
- 139.17 186.49 270.07

Soiltech ASA Quarterly Data
Dec21 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
Inventory Turnover Get a 7-Day Free Trial - 29.64 91.57 76.22 78.38

Soiltech ASA Inventory Turnover Calculation

Soiltech ASA'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 )
=3.781 / ((0.014 + 0) / 1 )
=3.781 / 0.014
=270.07

Soiltech ASA'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 )
=1.019 / ((0.013 + 0) / 1 )
=1.019 / 0.013
=78.38

* 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.

Soiltech ASA  (STU:6YA) 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.

Soiltech ASA'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
=0.013/1.019*365 / 4
=1.16

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.

Soiltech ASA'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 )
=0.013 / 6.86
=0.00

* 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.

Soiltech ASA Inventory Turnover Related Terms

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

Soiltech ASA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Soiltech ASA (STU:6YA) » Definitions » Inventory Turnover
Comparable Companies
OSL:PRYME OSL:VGM WM RSG WCN XPAR:VIE GFL CLH CWST XMAD:FCC SHSE:603568 OSL:TOM SZSE:002340 BSP:AMBP3 ASX:CWY SZSE:300779 HKSE:00257 XBRU:UMI SZSE:300070 TSX:SES
Traded in Other Exchanges
STECH:Norway
Address
Koppholen 25, Sandnes, NOR, 4313
Website
https://www.soiltech.no
Soiltech ASA is specializing in the treatment, recycling, and responsible handling of contaminated water and solid industrial waste streams at the site. Its services are Slop treatment, Water treatment, Cutting handling, Cutting treatment, Swarf treatment, Cleaning services, and Other services.

Soiltech ASA Headlines

No Headlines