Neobo Fastigheter AB (FRA:4M2B) Inventory Turnover : 0.00 (As of Jun. 2024)

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What is Neobo Fastigheter 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. Neobo Fastigheter AB's Cost of Goods Sold for the three months ended in Jun. 2024 was €7.80 Mil. Neobo Fastigheter AB's Average Total Inventories for the quarter that ended in Jun. 2024 was €0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Neobo Fastigheter AB's Days Inventory for the three months ended in Jun. 2024 was 0.00.

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. Neobo Fastigheter AB's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.00.

Neobo Fastigheter AB Inventory Turnover Historical Data

The historical data trend for Neobo Fastigheter 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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Neobo Fastigheter AB Inventory Turnover Chart

Neobo Fastigheter AB Annual Data

Trend

Dec21

Dec22

Dec23

Inventory Turnover

1.40

1.59

Neobo Fastigheter AB Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Inventory Turnover	Get a 7-Day Free Trial							-	-	-	-	-

Neobo Fastigheter AB Inventory Turnover Calculation

Neobo Fastigheter 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 )
=	38.352	/ (	(0	+	0)	/	1 )
=	38.352	/	0
=	N/A

Neobo Fastigheter AB's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	7.796	/ (	(0	+	0)	/	1 )
=	7.796	/	0
=	N/A

Neobo Fastigheter AB (FRA:4M2B) 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.

Neobo Fastigheter AB's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	0	/	7.796	*	365 / 4
	=	0.00

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.

Neobo Fastigheter AB's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	0	/	20.109
	=	0.00

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.

Neobo Fastigheter AB Inventory Turnover Related Terms

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Neobo Fastigheter AB Business Description

Industry

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Traded in Other Exchanges

NEOBO:Sweden

Address

Kungsgatan 9, Skara, SWE, 111 43

Website

https://www.neobo.se

Neobo Fastigheter AB is a real estate company that long-term manages and refines rental properties in the majority of growth municipalities throughout Sweden. The company's business concept is to manage and improve housing in municipalities with population growth, a good employment rate and a stable rental market.

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