Karnov Group AB (OSTO:KAR) Total Inventories : kr20 Mil (As of Mar. 2024)

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What is Karnov Group AB Total Inventories?

Karnov Group AB's total inventories for the quarter that ended in Mar. 2024 was kr20 Mil. Karnov Group AB's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was kr20 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Karnov Group AB's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was kr-36.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Karnov Group AB's Days Inventory for the three months ended in Mar. 2024 was 4.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Karnov Group AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 18.69.

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. Karnov Group AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.03.

Karnov Group AB Total Inventories Historical Data

The historical data trend for Karnov Group AB's Total Inventories 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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Karnov Group AB Total Inventories Chart

Karnov Group AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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13.10

10.01

11.67

20.50

18.70

Karnov Group AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial															20.80	20.80	19.10	18.70	20.40

Karnov Group AB Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Karnov Group AB (OSTO:KAR) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Karnov Group AB's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(523.7	+	0.75 * 446.6	+	0.5 * 20.4	-	4831.9
-	0	-	-0.1)	/	107.876
=	-36.74

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

Karnov Group 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
	=	19.55	/	365.3	*	365 / 4
	=	4.88

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Karnov Group AB's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	365.3	/	19.55
	=	18.69

4. 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.

Karnov Group 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 )
	=	19.55	/	631.7
	=	0.03

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Karnov Group AB Total Inventories Related Terms

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Karnov Group AB (OSTO:KAR) Business Description

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Traded in Other Exchanges

3UA:Germany

Address

Warfvinges vag 39, Stockholm, SWE, 112 51

Website

https://www.karnovgroup.com

Karnov Group AB is a provider of mission-critical information in the areas of legal, tax and auditing, environment, and health and safety. Karnov's products include subscription-based online solutions for law firms, tax and accounting firms, corporates, and the public sector including, courts, universities, public authorities, and municipalities. Karnov also publishes and sells offline books and journals and hosts legal training courses. Its brands are Karnov, Norstedts Juridik, Notisum, Legal Cross Border, Forlaget Andersen, LEXNordics and DIBkunnskap. Geographically, it derives a majority of its revenue from Denmark and also has a presence in Sweden, Norway, France, Spain, and Portugal.