Sensor Alarm Norden AB (XSAT:SELARM) Inventory Turnover : 0.01 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Sensor Alarm Norden 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. Sensor Alarm Norden AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr0.05 Mil. Sensor Alarm Norden AB's Average Total Inventories for the quarter that ended in Mar. 2024 was kr5.96 Mil. Sensor Alarm Norden AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sensor Alarm Norden AB's Days Inventory for the three months ended in Mar. 2024 was 11,815.88.

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. Sensor Alarm Norden AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 8.27.

Sensor Alarm Norden AB Inventory Turnover Historical Data

The historical data trend for Sensor Alarm Norden 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.

Sensor Alarm Norden AB Inventory Turnover Chart

Sensor Alarm Norden AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

0.81

1.50

-0.85

0.02

Sensor Alarm Norden AB Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial											0.08	-	0.03	0.05	0.01

Sensor Alarm Norden AB Inventory Turnover Calculation

Sensor Alarm Norden AB's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	0.117	/ (	(6.052	+	6.453)	/	2 )
=	0.117	/	6.2525
=	0.02

Sensor Alarm Norden AB's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	0.046	/ (	(5.951	+	5.962)	/	2 )
=	0.046	/	5.9565
=	0.01

Sensor Alarm Norden AB (XSAT:SELARM) 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.

Sensor Alarm Norden AB's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	5.9565	/	0.046	*	365 / 4
	=	11,815.88

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.

Sensor Alarm Norden AB's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	5.9565	/	0.72
	=	8.27

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.

Sensor Alarm Norden AB Inventory Turnover Related Terms

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

Sensor Alarm Norden AB (XSAT:SELARM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sensor Alarm Norden AB (XSAT:SELARM) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sankt Eriksplan 11, Stockholm, SWE, 113 20

Website

https://www.sensoralarm.se

Sensor Alarm Norden AB is engaged in providing alarm services for private individuals and small companies. It provides various alarms such asHusalarm, Apartment alarm, Cabin alarm, Garage alarm, and Caravan / motorhome alarm.

Sensor Alarm Norden AB (XSAT:SELARM) Headlines

No Headlines