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GomSpace Group AB (LTS:0GE8) Total Inventories : kr40.4 Mil (As of Jun. 2024)


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What is GomSpace Group AB Total Inventories?

GomSpace Group AB's total inventories for the quarter that ended in Jun. 2024 was kr40.4 Mil. GomSpace Group AB's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was kr42.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. GomSpace Group AB's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was kr-1.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GomSpace Group AB's Days Inventory for the three months ended in Jun. 2024 was 93.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. GomSpace Group AB's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.98.

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. GomSpace Group AB's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.64.


GomSpace Group AB Total Inventories Historical Data

The historical data trend for GomSpace Group AB's Total Inventories 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.

GomSpace Group AB Total Inventories Chart

GomSpace Group AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.13 26.45 35.96 46.16 43.48

GomSpace Group AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.39 68.84 63.77 43.48 40.45

GomSpace Group AB Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


GomSpace Group AB  (LTS:0GE8) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

GomSpace Group AB's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

Net-Net Working Capital Per Share (Q: Jun. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(51.069+0.75 * 37.529+0.5 * 40.445-243.125
-0-0)/140.669
=-1.02

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

GomSpace Group AB's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=41.96/41.11*365 / 4
=93.14

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

GomSpace Group AB's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=41.11 / 41.96
=0.98

4. 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.

GomSpace Group AB's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=41.96 / 65.935
=0.64

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


GomSpace Group AB Total Inventories Related Terms

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GomSpace Group AB Business Description

Traded in Other Exchanges
Address
Ulls Vag 29A, Uppsala, SWE, 756 51
GomSpace Group AB develops and commercializes nano-satellites. It provides turn-key solutions to enable space-based businesses including solutions for IoT, communication, tracking, surveillance, and remote sensing. The company also offers professional nano-satellite turn-key solutions, platforms, commercial off the shelf sub-systems, software modules, and off-the-shelf payloads for tracking or delivering payloads to customer requirements based on radio technology building blocks. Its business areas are Academia, Commercial, Defense, and Science operating geographically in Sweden, Denmark, other parts of Europe, the United States, Asia, and the Rest of the world. The majority of the company's revenue comes from Europe (excluding Sweden and Denmark).

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