GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Frozen Way SA (WAR:FRW) » Definitions » Inventory Turnover

Frozen Way (WAR:FRW) Inventory Turnover : 0.00 (As of Dec. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Frozen Way 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. Frozen Way's Cost of Goods Sold for the three months ended in Dec. 2024 was zł0.02 Mil. Frozen Way's Average Total Inventories for the quarter that ended in Dec. 2024 was zł10.46 Mil. Frozen Way's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Frozen Way's Days Inventory for the three months ended in Dec. 2024 was 43,383.15.

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. Frozen Way's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 2.07.

Frozen Way Inventory Turnover Historical Data

The historical data trend for Frozen Way'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.

Frozen Way Inventory Turnover Chart

Frozen Way Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
0.28 -1.78 -0.83 -0.75 -0.57

Frozen Way Quarterly Data
Dec20 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 -0.29 -0.21 -0.21 -0.11 -

Frozen Way Inventory Turnover Calculation

Frozen Way'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 )
=-4.648 / ((6.696 + 9.471) / 2 )
=-4.648 / 8.0835
=-0.57

Frozen Way'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 )
=0.022 / ((11.448 + 9.471) / 2 )
=0.022 / 10.4595
=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.

Frozen Way  (WAR:FRW) 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.

Frozen Way'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
=10.4595/0.022*365 / 4
=43,383.15

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.

Frozen Way'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 )
=10.4595 / 5.064
=2.07

* 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.

Frozen Way Inventory Turnover Related Terms

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

Frozen Way Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Frozen Way SA (WAR:FRW) » Definitions » Inventory Turnover
Comparable Companies
WAR:SOK WAR:PMG WAR:MOV WAR:BCS WAR:F51 WAR:GMV WAR:LHD WAR:OML WAR:DPG WAR:DGE TSE:7974 NTES RBLX TTWO EA TSE:9766 TSE:3659 XKRX:259960 TSE:9697 SZSE:002602
Traded in Other Exchanges
N/A
Address
Stanislawa Kunickiego 5/118, 30-134, Lesser Poland, Krakow, POL
Website
https://www.frozenway.games
Frozen Way SA is a Poland-based developer of video games. It is an independent game development studio and publisher. Its game portfolio comprises House Flipper Pets, House Flipper VR, and Builder Simulator.