Per Aarsleff Holding A/S (OCSE:PAAL B) Inventory Turnover : 1.71 (As of Mar. 2024)

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What is Per Aarsleff Holding 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. Per Aarsleff Holding A/S's Cost of Goods Sold for the three months ended in Mar. 2024 was kr4,543 Mil. Per Aarsleff Holding A/S's Average Total Inventories for the quarter that ended in Mar. 2024 was kr2,661 Mil. Per Aarsleff Holding A/S's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Per Aarsleff Holding A/S's Days Inventory for the three months ended in Mar. 2024 was 53.44.

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. Per Aarsleff Holding A/S's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.51.

Per Aarsleff Holding A/S Inventory Turnover Historical Data

The historical data trend for Per Aarsleff Holding 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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Per Aarsleff Holding A/S Inventory Turnover Chart

Per Aarsleff Holding A/S Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Inventory Turnover

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14.88

14.33

8.60

7.38

6.59

Per Aarsleff Holding A/S Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.59	1.67	1.35	1.79	1.71

Per Aarsleff Holding A/S Inventory Turnover Calculation

Per Aarsleff Holding A/S's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	17714	/ (	(2672	+	2708)	/	2 )
=	17714	/	2690
=	6.59

Per Aarsleff Holding A/S's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	4543	/ (	(2580	+	2741)	/	2 )
=	4543	/	2660.5
=	1.71

Per Aarsleff Holding A/S (OCSE:PAAL B) 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.

Per Aarsleff Holding A/S's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	2660.5	/	4543	*	365 / 4
	=	53.44

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.

Per Aarsleff Holding A/S's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	2660.5	/	5171
	=	0.51

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.

Per Aarsleff Holding A/S Inventory Turnover Related Terms

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Per Aarsleff Holding A/S (OCSE:PAAL B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Per Aarsleff Holding A/S (OCSE:PAAL B) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

0REQ:UK PE9:Germany

Address

Hasselager Alle 5, Viby J, DNK, 8260

Website

https://www.aarsleff.com

Per Aarsleff Holding A/S contracts, plans and implements projects in infrastructure, climate change adaptation, environment, energy, construction, and collaboration. It has Construction, Pipe technologies, Technical, rail, and Ground engineering segments. Construction segment consists construction, shell structures, building construction and international projects. Pipe technologies segment covers utility companies, housing, industry, export, and manufacturing. Ground engineering segment comprises ground engineering, pile factories, and engineering, Rail segment comprises train station services, service center operations, and maintenance projects. It derives key revenue from the Construction segment. Geographically the group has a business presence in Denmark and other countries.

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