Tingsvalvet Fastighets AB (XSAT:TINGS A) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Tingsvalvet Fastighets 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. Tingsvalvet Fastighets AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr8.1 Mil. Tingsvalvet Fastighets AB's Average Total Inventories for the quarter that ended in Mar. 2024 was kr0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tingsvalvet Fastighets AB's Days Inventory for the three months ended in Mar. 2024 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. Tingsvalvet Fastighets AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Tingsvalvet Fastighets AB Inventory Turnover Historical Data

The historical data trend for Tingsvalvet Fastighets 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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Tingsvalvet Fastighets AB Inventory Turnover Chart

Tingsvalvet Fastighets AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Tingsvalvet Fastighets AB Quarterly Data
	May19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Tingsvalvet Fastighets AB Inventory Turnover Calculation

Tingsvalvet Fastighets AB's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	26.285	/ (	(0	+	0)	/	1 )
=	26.285	/	0
=	N/A

Tingsvalvet Fastighets 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: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	8.055	/ (	(0	+	0)	/	1 )
=	8.055	/	0
=	N/A

Tingsvalvet Fastighets AB (XSAT:TINGS A) 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.

Tingsvalvet Fastighets 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
	=	0	/	8.055	*	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.

Tingsvalvet Fastighets 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 )
	=	0	/	38.181
	=	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.

Tingsvalvet Fastighets AB Inventory Turnover Related Terms

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Tingsvalvet Fastighets AB (XSAT:TINGS A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tingsvalvet Fastighets AB (XSAT:TINGS A) » Definitions » Inventory Turnover

Traded in Other Exchanges

TINGS B:Sweden

Address

c/o Arctic Securities AS, filial Sverige, Biblioteksgatan 8, 3tr., Stockholm, SWE, 111 46

Website

https://www.tingsvalvet.se

Tingsvalvet Fastighets AB is a Swedish real estate company that owns, manages and leases office, retail and restaurant premises in central Karlstad.

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