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Candles Scandinavia B (OSTO:CANDLE B) Inventory-to-Revenue : 1.33 (As of Jan. 2024)


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What is Candles Scandinavia B Inventory-to-Revenue?

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. Candles Scandinavia B's Average Total Inventories for the quarter that ended in Jan. 2024 was kr54.0 Mil. Candles Scandinavia B's Revenue for the three months ended in Jan. 2024 was kr40.6 Mil. Candles Scandinavia B's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 1.33.

Candles Scandinavia B's Inventory-to-Revenue for the quarter that ended in Jan. 2024 increased from Oct. 2023 (0.92) to Oct. 2023 (1.33)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Candles Scandinavia B's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.00.


Candles Scandinavia B Inventory-to-Revenue Historical Data

The historical data trend for Candles Scandinavia B's Inventory-to-Revenue 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.

Candles Scandinavia B Inventory-to-Revenue Chart

Candles Scandinavia B Annual Data
Trend Apr20 Apr21 Apr22
Inventory-to-Revenue
0.38 0.32 0.33

Candles Scandinavia B Quarterly Data
Apr20 Jul20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Inventory-to-Revenue 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 1.09 2.67 2.60 0.92 1.33

Competitive Comparison of Candles Scandinavia B's Inventory-to-Revenue

For the Household & Personal Products subindustry, Candles Scandinavia B's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Candles Scandinavia B's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Candles Scandinavia B's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Candles Scandinavia B's Inventory-to-Revenue falls into.



Candles Scandinavia B Inventory-to-Revenue Calculation

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.

Candles Scandinavia B's Inventory-to-Revenue for the fiscal year that ended in Apr. 2022 is calculated as

Inventory-to-Revenue (A: Apr. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Apr. 2021 ) + Total Inventories (A: Apr. 2022 )) / count ) / Revenue (A: Apr. 2022 )
=( (39.323 + 64.889) / 2 ) / 158.335
=52.106 / 158.335
=0.33

Candles Scandinavia B's Inventory-to-Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue (Q: Jan. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Revenue (Q: Jan. 2024 )
=( (57.187 + 50.849) / 2 ) / 40.599
=54.018 / 40.599
=1.33

* 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.


Candles Scandinavia B  (OSTO:CANDLE B) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Candles Scandinavia B's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=54.018/0*365 / 4
=

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

Candles Scandinavia B's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2024 ) / Average Total Inventories (Q: Jan. 2024 )
=0 / 54.018
=0.00

* 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.


Candles Scandinavia B Inventory-to-Revenue Related Terms

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Candles Scandinavia B (OSTO:CANDLE B) Business Description

Traded in Other Exchanges
N/A
Address
Cv-Gatan 38 B, Orebro, SWE, 703 82
Candles Scandinavia B is a manufacturer of candles. The company produces scented candles with 100% plant-based, biodegradable candle wax. The firm primarily targets business chains and brands in fashion, beauty and home furnishings, to which it offers private label solutions. The company is primarily active in the Nordic region.

Candles Scandinavia B (OSTO:CANDLE B) Headlines

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