Agat Ejendomme A/S (FRA:2TD) Inventory Turnover : 0.58 (As of Jan. 2024)

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What is Agat Ejendomme A/S 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. Agat Ejendomme A/S's Cost of Goods Sold for the three months ended in Jan. 2024 was €21.86 Mil. Agat Ejendomme A/S's Average Total Inventories for the quarter that ended in Jan. 2024 was €37.88 Mil. Agat Ejendomme A/S's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Agat Ejendomme A/S's Days Inventory for the three months ended in Jan. 2024 was 158.13.

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. Agat Ejendomme A/S's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 1.62.

Agat Ejendomme A/S Inventory Turnover Historical Data

The historical data trend for Agat Ejendomme A/S'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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Agat Ejendomme A/S Inventory Turnover Chart

Agat Ejendomme A/S Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Inventory Turnover

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0.65

0.51

0.35

0.57

0.88

Agat Ejendomme A/S Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Inventory Turnover	Get a 7-Day Free Trial															0.37	0.06	0.09	0.10	0.58

Agat Ejendomme A/S Inventory Turnover Calculation

Agat Ejendomme A/S's Inventory Turnover for the fiscal year that ended in Jan. 2024 is calculated as

	Inventory Turnover (A: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jan. 2024 )	/ (	(Total Inventories (A: Jan. 2023 )	+	Total Inventories (A: Jan. 2024 ))	/	count )
=	33.517	/ (	(46.3	+	29.975)	/	2 )
=	33.517	/	38.1375
=	0.88

Agat Ejendomme A/S's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

	Inventory Turnover (Q: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2024 )	/ (	(Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )
=	21.857	/ (	(45.78	+	29.975)	/	2 )
=	21.857	/	37.8775
=	0.58

Agat Ejendomme A/S (FRA:2TD) 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.

Agat Ejendomme A/S'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
	=	37.8775	/	21.857	*	365 / 4
	=	158.13

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.

Agat Ejendomme A/S's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	37.8775	/	23.333
	=	1.62

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.

Agat Ejendomme A/S Inventory Turnover Related Terms

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Agat Ejendomme A/S (FRA:2TD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Agat Ejendomme A/S (FRA:2TD) » Definitions » Inventory Turnover

Traded in Other Exchanges

AGAT:Denmark

Address

Vestre Havnepromenade 7, 3rd Floor, Aalborg, DNK, 9000

Website

https://www.agat.dk

Agat Ejendomme A/S develops, builds and invests in properties that create value to the people who live, work and do their shopping in these properties. The properties developed by the company are either included in the company's property portfolio or sold to end-users or investors. The company's strategic focus is on the development of a diversified property portfolio in Denmark and on property development activities in Denmark. In terms of segments, the company is engaged in three business areas such as Real estate portfolio, Development activities, and Residual activities.

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