Evendo AB (XSAT:EVENDO B) Inventory Turnover : 0.00 (As of Mar. 2018)

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What is Evendo 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. Evendo AB's Cost of Goods Sold for the three months ended in Mar. 2018 was kr0.80 Mil. Evendo AB's Average Total Inventories for the quarter that ended in Mar. 2018 was kr0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Evendo AB's Days Inventory for the three months ended in Mar. 2018 was 0.00.

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. Evendo AB's Inventory-to-Revenue for the quarter that ended in Mar. 2018 was 0.00.

Evendo AB Inventory Turnover Historical Data

The historical data trend for Evendo 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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Evendo AB Inventory Turnover Chart

Evendo AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Inventory Turnover

Evendo AB Quarterly Data
	Dec14	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18
Inventory Turnover	Get a 7-Day Free Trial							-	-	-	-	-

Evendo AB Inventory Turnover Calculation

Evendo AB's Inventory Turnover for the fiscal year that ended in Dec. 2017 is calculated as

	Inventory Turnover (A: Dec. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2017 )	/ (	(Total Inventories (A: Dec. 2016 )	+	Total Inventories (A: Dec. 2017 ))	/	count )
=	1.174	/ (	(0	+	0)	/	1 )
=	1.174	/	0
=	N/A

Evendo AB's Inventory Turnover for the quarter that ended in Mar. 2018 is calculated as

	Inventory Turnover (Q: Mar. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2018 )	/ (	(Total Inventories (Q: Dec. 2017 )	+	Total Inventories (Q: Mar. 2018 ))	/	count )
=	0.801	/ (	(0	+	0)	/	1 )
=	0.801	/	0
=	N/A

Evendo AB (XSAT:EVENDO B) 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.

Evendo AB's Days Inventory for the three months ended in Mar. 2018 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2018 )	/	Cost of Goods Sold (Q: Mar. 2018 )	*	Days in Period
	=	0	/	0.801	*	365 / 4
	=	0.00

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.

Evendo AB's Inventory to Revenue for the quarter that ended in Mar. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2018 )	/	Revenue (Q: Mar. 2018 )
	=	0	/	1.351
	=	0.00

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.

Evendo AB Inventory Turnover Related Terms

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Evendo AB (XSAT:EVENDO B) Business Description

Industry

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Address

Website

https://www.adonnews.com

Adonnews Sweden AB, formerly known as Mobile Loyalty Holding AB is a media technology company. The company's product ADONnews business system enables news media and web sites to meet the needs of Small and medium enterprises to reach their local customers through the computer, tablet and mobile phone in an easy and cost-effective way.

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