Garfin Holding AS (XBRA:1GRT002E) Inventory Turnover : 36.37 (As of Dec. 2024)

Garfin Holding AS Inventory Turnover Chart

Garfin Holding AS Annual Data
	Trend	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23	Dec24
Inventory Turnover		Get a 7-Day Free Trial					156.15	20.65	18.50	34.73	75.36

Garfin Holding AS Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															16.88	6.41	12.60	25.12	36.37

Garfin Holding AS Inventory Turnover Calculation

Garfin Holding AS's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Garfin Holding AS's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

* 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.

Garfin Holding AS  (XBRA:1GRT002E) 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.

Garfin Holding AS's Days Inventory for the six months ended in Dec. 2024 is calculated as:

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.

Garfin Holding AS's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

* 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.

Garfin Holding AS Inventory Turnover Related Terms

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Garfin Holding AS Business Description