Phase Holographic Imaging PHI AB (XSAT:PHI) Inventory Turnover : 0.45 (As of Oct. 2024)

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What is Phase Holographic Imaging PHI 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. Phase Holographic Imaging PHI AB's Cost of Goods Sold for the three months ended in Oct. 2024 was kr1.35 Mil. Phase Holographic Imaging PHI AB's Average Total Inventories for the quarter that ended in Oct. 2024 was kr2.98 Mil. Phase Holographic Imaging PHI AB's Inventory Turnover for the quarter that ended in Oct. 2024 was 0.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Phase Holographic Imaging PHI AB's Days Inventory for the three months ended in Oct. 2024 was 201.71.

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. Phase Holographic Imaging PHI AB's Inventory-to-Revenue for the quarter that ended in Oct. 2024 was 1.00.

Phase Holographic Imaging PHI AB Inventory Turnover Historical Data

The historical data trend for Phase Holographic Imaging PHI 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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Phase Holographic Imaging PHI AB Inventory Turnover Chart

Phase Holographic Imaging PHI AB Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Inventory Turnover

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1.03

0.94

1.15

1.42

0.81

Phase Holographic Imaging PHI AB Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Inventory Turnover	Get a 7-Day Free Trial															0.08	0.28	0.16	0.06	0.45

Phase Holographic Imaging PHI AB Inventory Turnover Calculation

Phase Holographic Imaging PHI AB's Inventory Turnover for the fiscal year that ended in Apr. 2024 is calculated as

	Inventory Turnover (A: Apr. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Apr. 2024 )	/ (	(Total Inventories (A: Apr. 2023 )	+	Total Inventories (A: Apr. 2024 ))	/	count )
=	3.071	/ (	(3.846	+	3.732)	/	2 )
=	3.071	/	3.789
=	0.81

Phase Holographic Imaging PHI AB's Inventory Turnover for the quarter that ended in Oct. 2024 is calculated as

	Inventory Turnover (Q: Oct. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Oct. 2024 )	/ (	(Total Inventories (Q: Jul. 2024 )	+	Total Inventories (Q: Oct. 2024 ))	/	count )
=	1.349	/ (	(3.65	+	2.314)	/	2 )
=	1.349	/	2.982
=	0.45

Phase Holographic Imaging PHI AB (XSAT:PHI) 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.

Phase Holographic Imaging PHI AB's Days Inventory for the three months ended in Oct. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Oct. 2024 )	/	Cost of Goods Sold (Q: Oct. 2024 )	*	Days in Period
	=	2.982	/	1.349	*	365 / 4
	=	201.71

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.

Phase Holographic Imaging PHI AB's Inventory to Revenue for the quarter that ended in Oct. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Oct. 2024 )	/	Revenue (Q: Oct. 2024 )
	=	2.982	/	2.977
	=	1.00

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.

Phase Holographic Imaging PHI AB Inventory Turnover Related Terms

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Phase Holographic Imaging PHI AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Phase Holographic Imaging PHI AB (XSAT:PHI) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Skiffervagen 48, Lund, SWE, 224 78

Website

https://www.phiab.com

Phase Holographic Imaging PHI AB is engaged in providing products for live cell kinetic studies to researchers and the life science industry. The products of the company include time lapse cyclometer.