Odico A/S (OCSE:ODICO) Inventory Turnover : 0.00 (As of Jun. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Odico 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. Odico A/S's Cost of Goods Sold for the six months ended in Jun. 2023 was kr0.00 Mil. Odico A/S's Average Total Inventories for the quarter that ended in Jun. 2023 was kr2.46 Mil. Odico A/S's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.00.

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

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. Odico A/S's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.20.

Odico A/S Inventory Turnover Historical Data

The historical data trend for Odico 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.

* Premium members only.

Odico A/S Inventory Turnover Chart

Odico A/S Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

Get a 7-Day Free Trial

37.56

18.16

4.38

4.82

4.52

Odico A/S Semi-Annual Data
	Jun16	Jun17	Jun18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Inventory Turnover	Get a 7-Day Free Trial							-	-	-	-	-

Odico A/S Inventory Turnover Calculation

Odico A/S's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	12.072	/ (	(2.887	+	2.46)	/	2 )
=	12.072	/	2.6735
=	4.52

Odico A/S's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	0	/ (	(0	+	2.46)	/	1 )
=	0	/	2.46
=	0.00

Odico A/S (OCSE:ODICO) 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.

Odico A/S's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	2.46	/	0	*	365 / 2
	=

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.

Odico A/S's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	2.46	/	12.06
	=	0.20

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.

Odico A/S Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Odico A/S's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Odico A/S (OCSE:ODICO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Odico A/S (OCSE:ODICO) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Oslogade 1, Odense C, DNK, 5000

Website

https://www.odico.dk

Odico A/S is a Denmark-based formwork technology developer. The company is engaged in the development, production, and sale of tailored robotic solutions for the construction and building industry. It services include consulting, prototyping and formwork production. Its products include plugs and molds for the Composite -and concrete industry, cut and milled figures, letters for signs, windbreakers, and display podiums.

Odico A/S (OCSE:ODICO) Headlines

No Headlines