Gosol Energy Group AB (XSAT:GOSOL) Inventory Turnover : 11.56 (As of Dec. 2024)

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What is Gosol Energy Group 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. Gosol Energy Group AB's Cost of Goods Sold for the six months ended in Dec. 2024 was kr139.8 Mil. Gosol Energy Group AB's Average Total Inventories for the quarter that ended in Dec. 2024 was kr12.1 Mil. Gosol Energy Group AB's Inventory Turnover for the quarter that ended in Dec. 2024 was 11.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gosol Energy Group AB's Days Inventory for the six months ended in Dec. 2024 was 15.78.

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. Gosol Energy Group AB's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.06.

Gosol Energy Group AB Inventory Turnover Historical Data

The historical data trend for Gosol Energy Group 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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Gosol Energy Group AB Inventory Turnover Chart

Gosol Energy Group AB Annual Data

Trend

Dec22

Dec23

Dec24

Inventory Turnover

35.62

18.76

11.56

Gosol Energy Group AB Semi-Annual Data
	Dec22	Dec23	Dec24
Inventory Turnover	35.62	18.76	11.56

Gosol Energy Group AB Inventory Turnover Calculation

Gosol Energy Group AB'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 )
=	139.761	/ (	(15.516	+	8.66)	/	2 )
=	139.761	/	12.088
=	11.56

Gosol Energy Group AB'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: Dec. 2023 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	139.761	/ (	(15.516	+	8.66)	/	2 )
=	139.761	/	12.088
=	11.56

Gosol Energy Group AB (XSAT:GOSOL) 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.

Gosol Energy Group AB's Days Inventory for the six 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
	=	12.088	/	139.761	*	365 / 2
	=	15.78

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.

Gosol Energy Group AB'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 )
	=	12.088	/	189.857
	=	0.06

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.

Gosol Energy Group AB Inventory Turnover Related Terms

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Gosol Energy Group AB Business Description

Industry

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Traded in Other Exchanges

N/A

Address

Telefonvagen 30, Stockholm, SWE, 126 26

Website

https://www.gosol.se

Gosol Energy Group AB is a comprehensive supplier of energy solutions with a focus on solar cells, charging infrastructure and battery solutions for private individuals and companies.

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