GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Scandinavian Medical Solutions AS (OCSE:SMSMED) » Definitions » Total Inventories

Scandinavian Medical Solutions AS (OCSE:SMSMED) Total Inventories : kr80.6 Mil (As of Sep. 2024)


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

What is Scandinavian Medical Solutions AS Total Inventories?

Scandinavian Medical Solutions AS's total inventories for the quarter that ended in Sep. 2024 was kr80.6 Mil. Scandinavian Medical Solutions AS's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Sep. 2024 was kr83.6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Scandinavian Medical Solutions AS's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was kr-0.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Scandinavian Medical Solutions AS's Days Inventory for the six months ended in Sep. 2024 was 150.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. Scandinavian Medical Solutions AS's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.21.

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. Scandinavian Medical Solutions AS's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.67.


Scandinavian Medical Solutions AS Total Inventories Historical Data

The historical data trend for Scandinavian Medical Solutions AS'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.

Scandinavian Medical Solutions AS Total Inventories Chart

Scandinavian Medical Solutions AS Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Total Inventories
Get a 7-Day Free Trial 3.61 14.44 51.55 83.20 80.61

Scandinavian Medical Solutions AS Semi-Annual Data
Sep19 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.55 64.92 83.20 86.64 80.61

Scandinavian Medical Solutions AS 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.


Scandinavian Medical Solutions AS  (OCSE:SMSMED) 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.

Scandinavian Medical Solutions AS's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(10.997+0.75 * 21.163+0.5 * 80.606-91.632
-0-0)/27.502
=-0.89

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

Scandinavian Medical Solutions AS's Days Inventory for the six months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=83.6225/101.419*365 / 2
=150.48

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

Scandinavian Medical Solutions AS's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=101.419 / 83.6225
=1.21

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.

Scandinavian Medical Solutions AS's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=83.6225 / 124.119
=0.67

* 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.


Scandinavian Medical Solutions AS Total Inventories Related Terms

Thank you for viewing the detailed overview of Scandinavian Medical Solutions AS's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Scandinavian Medical Solutions AS Business Description

Traded in Other Exchanges
N/A
Address
Gasvaerksvej 46. 1.Sal, Aalborg, DNK, DK-9000
Scandinavian Medical Solutions AS is engaged in offering pre-owned medical imaging equipment and healthcare solutions. The product portfolio of Cath Lab, X-Ray, MRI, Mammography, Ultrasound, and Mobile X-Ray among others. It offer a flexible and economical alternative to high-cost OEM equipment, drawing on expertise as a fully independent dealer and service provider. Scandinavian Medical Solutions, focus on high-quality assurance is backed by references and partnerships with the industry OEMs. Specialized in cost-efficient imaging equipment solutions for hospitals, clinics, and distributors worldwide.

Scandinavian Medical Solutions AS Headlines

No Headlines