OurLiving AB (XSAT:OURLIV) Inventory Turnover : 0.26 (As of Sep. 2023)

View and export this data going back to 2017. Start your Free Trial

What is OurLiving 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. OurLiving AB's Cost of Goods Sold for the three months ended in Sep. 2023 was kr2.30 Mil. OurLiving AB's Average Total Inventories for the quarter that ended in Sep. 2023 was kr8.77 Mil. OurLiving AB's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. OurLiving AB's Days Inventory for the three months ended in Sep. 2023 was 347.34.

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. OurLiving AB's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 2.64.

OurLiving AB Inventory Turnover Historical Data

The historical data trend for OurLiving 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.

* Premium members only.

OurLiving AB Inventory Turnover Chart

OurLiving AB Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Dec21

Inventory Turnover

Get a 7-Day Free Trial

0.94

0.98

1.21

1.09

1.17

OurLiving AB Quarterly Data
	Jan18	Apr18	Oct18	Apr19	Jul19	Oct19	Apr20	Jul20	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															1.10	-0.16	1.06	0.56	0.26

OurLiving AB Inventory Turnover Calculation

OurLiving AB's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Inventory Turnover (A: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2021 )	/ (	(Total Inventories (A: Apr. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )
=	2.363	/ (	(2.899	+	1.125)	/	2 )
=	2.363	/	2.012
=	1.17

OurLiving AB's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	2.304	/ (	(8.226	+	9.314)	/	2 )
=	2.304	/	8.77
=	0.26

OurLiving AB (XSAT:OURLIV) 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.

OurLiving AB's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	8.77	/	2.304	*	365 / 4
	=	347.34

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.

OurLiving AB's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	8.77	/	3.326
	=	2.64

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.

OurLiving AB Inventory Turnover Related Terms

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

OurLiving AB (XSAT:OURLIV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » OurLiving AB (XSAT:OURLIV) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Carlsgatan 12A, Floor 6B, Malmo, SWE, 211 20

Website

https://www.ourliving.se

OurLiving AB is a software company that provides turnkey SaaS services for the digitization of construction, management, and housing. It has developed a software platform for digitization in the construction and real estate industry for housing developers, property managers, condominium associations, and private individuals with functions that support the entire customer journey from marketing and sales to occupancy and aftermarket.

OurLiving AB (XSAT:OURLIV) Headlines

No Headlines