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Scandinavian Medical Solutions AS (OCSE:SMSMED) Inventory-to-Revenue : 0.83 (As of Mar. 2024)


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What is Scandinavian Medical Solutions AS Inventory-to-Revenue?

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. Scandinavian Medical Solutions AS's Average Total Inventories for the quarter that ended in Mar. 2024 was kr84.9 Mil. Scandinavian Medical Solutions AS's Revenue for the six months ended in Mar. 2024 was kr102.6 Mil. Scandinavian Medical Solutions AS's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.83.

Scandinavian Medical Solutions AS's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Sep. 2023 (0.78) to Sep. 2023 (0.83)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Scandinavian Medical Solutions AS's Days Inventory for the six months ended in Mar. 2024 was 182.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Scandinavian Medical Solutions AS's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.00.


Scandinavian Medical Solutions AS Inventory-to-Revenue Historical Data

The historical data trend for Scandinavian Medical Solutions AS's Inventory-to-Revenue 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.

Scandinavian Medical Solutions AS Inventory-to-Revenue Chart

Scandinavian Medical Solutions AS Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23
Inventory-to-Revenue
0.09 0.08 0.13 0.30 0.35

Scandinavian Medical Solutions AS Semi-Annual Data
Sep19 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only 0.42 0.69 0.61 0.78 0.83

Competitive Comparison of Scandinavian Medical Solutions AS's Inventory-to-Revenue

For the Medical Devices subindustry, Scandinavian Medical Solutions AS's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Scandinavian Medical Solutions AS's Inventory-to-Revenue Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Scandinavian Medical Solutions AS's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Scandinavian Medical Solutions AS's Inventory-to-Revenue falls into.



Scandinavian Medical Solutions AS Inventory-to-Revenue Calculation

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.

Scandinavian Medical Solutions AS's Inventory-to-Revenue for the fiscal year that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (A: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )
=( (51.546 + 83.196) / 2 ) / 191.192
=67.371 / 191.192
=0.35

Scandinavian Medical Solutions AS's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (83.196 + 86.639) / 2 ) / 102.563
=84.9175 / 102.563
=0.83

* 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.


Scandinavian Medical Solutions AS  (OCSE:SMSMED) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Scandinavian Medical Solutions AS's Days Inventory for the six 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
=84.9175/85.14*365 / 2
=182.02

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

Scandinavian Medical Solutions AS'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 )
=85.14 / 84.9175
=1.00

* 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.


Scandinavian Medical Solutions AS Inventory-to-Revenue Related Terms

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Scandinavian Medical Solutions AS (OCSE:SMSMED) Business Description

Traded in Other Exchanges
Address
Gasvaerksvej 46. 1.Sal, Aalborg, DNK, DK-9000
Scandinavian Medical Solutions AS is engaged in offering pre-owned medical imaging equipment and innovative healthcare solutions. The product portfolio of Cath Lab, X-Ray, MRI, Mammography, Ultrasound, and Mobile X-Ray among others.

Scandinavian Medical Solutions AS (OCSE:SMSMED) Headlines

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