Adventure Box Technology AB (OSTO:ADVBOX) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Adventure Box Technology 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. Adventure Box Technology AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr0.09 Mil. Adventure Box Technology AB's Average Total Inventories for the quarter that ended in Mar. 2024 was kr0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Adventure Box Technology AB's Days Inventory for the three months ended in Mar. 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. Adventure Box Technology AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Adventure Box Technology AB Inventory Turnover Historical Data

The historical data trend for Adventure Box Technology 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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Adventure Box Technology AB Inventory Turnover Chart

Adventure Box Technology AB Annual Data

Trend

Aug17

Aug18

Aug19

Dec20

Dec21

Dec22

Inventory Turnover

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Adventure Box Technology AB Quarterly Data
	Aug18	Mar19	Jun19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Adventure Box Technology AB Inventory Turnover Calculation

Adventure Box Technology AB's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	-2.876	/ (	(0	+	0)	/	1 )
=	-2.876	/	0
=	N/A

Adventure Box Technology 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: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	0.087	/ (	(0	+	0)	/	1 )
=	0.087	/	0
=	N/A

Adventure Box Technology AB (OSTO:ADVBOX) 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.

Adventure Box Technology 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
	=	0	/	0.087	*	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.

Adventure Box Technology 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 )
	=	0	/	0.185
	=	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.

Adventure Box Technology AB Inventory Turnover Related Terms

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Adventure Box Technology AB (OSTO:ADVBOX) Business Description

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799:Germany

Address

Sveavagen 166, Stockholm, SWE, 113 46

Website

https://corp.adventurebox.com

Adventure Box Technology AB is an online game provider. The company provides an online platform where users can make, share and play 3D games. It offers s KoGaMa, a social cloud platform for user-created computer games, which makes it easy and fun to create, share and play 3D games online.

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