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Trainimal AB (NGM:TRML) Inventory Turnover : 0.34 (As of Jan. 2024)


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What is Trainimal 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. Trainimal AB's Cost of Goods Sold for the three months ended in Jan. 2024 was kr0.51 Mil. Trainimal AB's Average Total Inventories for the quarter that ended in Jan. 2024 was kr1.50 Mil. Trainimal AB's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Trainimal AB's Days Inventory for the three months ended in Jan. 2024 was 270.14.

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. Trainimal AB's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.57.

Trainimal AB Inventory Turnover Historical Data

The historical data trend for Trainimal 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.

* Premium members only.

Trainimal AB Inventory Turnover Chart

Trainimal AB Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23
Inventory Turnover
33.52 27.28 16.57 7.74 4.69

Trainimal AB Quarterly Data
Apr19 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 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 1.10 0.44 0.11 0.22 0.34

Trainimal AB Inventory Turnover Calculation

Trainimal AB's Inventory Turnover for the fiscal year that ended in Apr. 2023 is calculated as

Inventory Turnover (A: Apr. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Apr. 2023 ) / ((Total Inventories (A: Apr. 2022 ) + Total Inventories (A: Apr. 2023 )) / count )
=4.912 / ((0.885 + 1.208) / 2 )
=4.912 / 1.0465
=4.69

Trainimal AB'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 )
=0.506 / ((1.514 + 1.482) / 2 )
=0.506 / 1.498
=0.34

* 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.

Trainimal AB  (NGM:TRML) 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.

Trainimal AB'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
=1.498/0.506*365 / 4
=270.14

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.

Trainimal AB'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 )
=1.498 / 2.619
=0.57

* 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

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.

Trainimal AB Inventory Turnover Related Terms

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Trainimal AB (NGM:TRML) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Trainimal AB (NGM:TRML) » Definitions » Inventory Turnover
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Traded in Other Exchanges
N/A
Address
Tulegatan 19, Stockholm, SWE, 113 53
Website
https://www.trainimal.com
Trainimal AB develops and operates subscription-paid solutions for physical exercise and diet advice online.The company's most famous product is MammaFitness, which is created by the well-known training profile Olga Ronnberg.