Berner Industrier AB (OSTO:BERNER B) Inventory Turnover : 1.81 (As of Mar. 2024)

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What is Berner Industrier 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. Berner Industrier AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr152.3 Mil. Berner Industrier AB's Average Total Inventories for the quarter that ended in Mar. 2024 was kr84.0 Mil. Berner Industrier AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.81.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Berner Industrier AB's Days Inventory for the three months ended in Mar. 2024 was 50.34.

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. Berner Industrier AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.34.

Berner Industrier AB Inventory Turnover Historical Data

The historical data trend for Berner Industrier 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.

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Berner Industrier AB Inventory Turnover Chart

Berner Industrier AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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7.43

6.76

6.19

6.39

6.94

Berner Industrier AB 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															1.73	1.68	1.59	1.65	1.81

Berner Industrier AB Inventory Turnover Calculation

Berner Industrier AB'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 )
=	566.031	/ (	(77.658	+	85.478)	/	2 )
=	566.031	/	81.568
=	6.94

Berner Industrier AB'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 )
=	152.251	/ (	(85.478	+	82.502)	/	2 )
=	152.251	/	83.99
=	1.81

Berner Industrier AB (OSTO:BERNER 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.

Berner Industrier AB'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
	=	83.99	/	152.251	*	365 / 4
	=	50.34

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.

Berner Industrier AB'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 )
	=	83.99	/	244.207
	=	0.34

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.

Berner Industrier AB Inventory Turnover Related Terms

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Berner Industrier AB (OSTO:BERNER B) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Berner Industrier AB (OSTO:BERNER B) » Definitions » Inventory Turnover

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Address

Designvagen 1, Box 88, Molnlycke, SWE, SE-435 22

Website

https://www.christianberner.com

Christian Berner Tech Trade AB is a technology trading company. It simplifies the decision-making process for customers by offering analysis of the customer's technical requirements, development, installation & service in the fields of processing, construction and engineering industries. The company's products include vibration and noise-damping materials, filter and process technology, UV aggregates and industrial equipment.

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