Investment AB Latour (OSTO:LATO B) Inventory Turnover : 0.80 (As of Mar. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Investment AB Latour 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. Investment AB Latour's Cost of Goods Sold for the three months ended in Mar. 2024 was kr3,697 Mil. Investment AB Latour's Average Total Inventories for the quarter that ended in Mar. 2024 was kr4,639 Mil. Investment AB Latour's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.80.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Investment AB Latour's Days Inventory for the three months ended in Mar. 2024 was 114.50.

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. Investment AB Latour's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.76.

Investment AB Latour Inventory Turnover Historical Data

The historical data trend for Investment AB Latour'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.

Investment AB Latour Inventory Turnover Chart

Investment AB Latour Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

4.36

4.35

3.91

3.14

3.20

Investment AB Latour 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															0.72	0.74	0.70	0.82	0.80

Investment AB Latour Inventory Turnover Calculation

Investment AB Latour'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 )
=	15597	/ (	(5244	+	4519)	/	2 )
=	15597	/	4881.5
=	3.20

Investment AB Latour'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 )
=	3697	/ (	(4519	+	4759)	/	2 )
=	3697	/	4639
=	0.80

Investment AB Latour (OSTO:LATO 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.

Investment AB Latour'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
	=	4639	/	3697	*	365 / 4
	=	114.50

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.

Investment AB Latour'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 )
	=	4639	/	6122
	=	0.76

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.

Investment AB Latour Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Investment AB Latour's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Investment AB Latour (OSTO:LATO B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Investment AB Latour (OSTO:LATO B) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

LATOBs:UK 0RQP:UK 18LB:Germany

Address

J A Wettergrens Gata 7, P.O. Box 336, Gothenburg, SWE, 401 25

Website

http://www.latour.se

Investment AB Latour is an investment holding company that makes investments in wholly owned industrial operations and a portfolio of securities. Latour has a long-term and activist orientation, with the vast majority of its total net asset value deriving from companies that have been in its portfolio for more than 20 years. The company measures its performance against its benchmark, the Stockholm Stock Exchange's total return index. Its criterion is to invest in companies that have their own products that meet growing international demand. Latour specifically evaluates four trends: demographic development, sustainability, globalization, and competition for limited resources.

Investment AB Latour (OSTO:LATO B) Headlines

No Headlines