Polaris Media ASA (OSL:POL) Inventory Turnover : 4.19 (As of Mar. 2024)

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What is Polaris Media ASA 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. Polaris Media ASA's Cost of Goods Sold for the three months ended in Mar. 2024 was kr102 Mil. Polaris Media ASA's Average Total Inventories for the quarter that ended in Mar. 2024 was kr24 Mil. Polaris Media ASA's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Polaris Media ASA's Days Inventory for the three months ended in Mar. 2024 was 21.78.

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. Polaris Media ASA's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.03.

Polaris Media ASA Inventory Turnover Historical Data

The historical data trend for Polaris Media ASA'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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Polaris Media ASA Inventory Turnover Chart

Polaris Media ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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30.51

31.62

23.29

17.05

15.53

Polaris Media ASA 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															3.49	3.85	3.61	4.11	4.19

Polaris Media ASA Inventory Turnover Calculation

Polaris Media ASA's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	520.29	/ (	(40.156	+	26.849)	/	2 )
=	520.29	/	33.5025
=	15.53

Polaris Media ASA'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 )
=	102.1	/ (	(26.849	+	21.9)	/	2 )
=	102.1	/	24.3745
=	4.19

Polaris Media ASA (OSL:POL) 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.

Polaris Media ASA'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
	=	24.3745	/	102.1	*	365 / 4
	=	21.78

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.

Polaris Media ASA'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 )
	=	24.3745	/	819.6
	=	0.03

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.

Polaris Media ASA Inventory Turnover Related Terms

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Polaris Media ASA (OSL:POL) Business Description

Industry

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Traded in Other Exchanges

93J:Germany

Address

Ferjemannsveien 10, Trondheim, NOR, 7042

Website

http://www.polarismedia.no

Polaris Media ASA is the largest media house and printing group. It owns and operates media houses, distribution companies and printing companies in Norway and on the west coast of Sweden. The company places great emphasis on the development of journalists as well as the individual media house's social missions and has a strong regional and local foundation with editorial freedom, independence, and transparency.

Polaris Media ASA (OSL:POL) Headlines

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