Embracer Group AB (OSTO:EMBRAC B) Inventory Turnover : 0.90 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Embracer Group 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. Embracer Group AB's Cost of Goods Sold for the three months ended in Dec. 2023 was kr3,831 Mil. Embracer Group AB's Average Total Inventories for the quarter that ended in Dec. 2023 was kr4,248 Mil. Embracer Group AB's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Embracer Group AB's Days Inventory for the three months ended in Dec. 2023 was 101.18.

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. Embracer Group AB's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.35.

Embracer Group AB Inventory Turnover Historical Data

The historical data trend for Embracer Group 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.

* Premium members only.

Embracer Group AB Inventory Turnover Chart

Embracer Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

Get a 7-Day Free Trial

2.81

9.52

8.15

1.61

2.91

Embracer Group AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.79	0.58	0.57	0.56	0.90

Embracer Group AB Inventory Turnover Calculation

Embracer Group AB's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	9980	/ (	(2775	+	4081)	/	2 )
=	9980	/	3428
=	2.91

Embracer Group AB's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	3831	/ (	(4781	+	3715)	/	2 )
=	3831	/	4248
=	0.90

Embracer Group AB (OSTO:EMBRAC 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.

Embracer Group AB's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	4248	/	3831	*	365 / 4
	=	101.18

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.

Embracer Group AB's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	4248	/	12050
	=	0.35

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.

Embracer Group AB Inventory Turnover Related Terms

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

Embracer Group AB (OSTO:EMBRAC B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Embracer Group AB (OSTO:EMBRAC B) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

EBCRY:USA THQQF:USA EMBRBs:UK TH9:Germany

Address

Tullhusgatan 1B, Karlstad, SWE, 652 09

Website

https://www.embracer.com

Embracer Group AB is a parent company of businesses led by entrepreneurs in PC, console, mobile, and board games and other related media. The Group has an extensive catalog of over 850 owned or controlled franchises. The group has a presence through its eleven operative groups namely THQ Nordic, Plaion, Coffee Stain, Amplifier Game Invest, Saber Interactive, DECA Games, Gearbox Entertainment, Easybrain, Asmodee, Dark Horse and Freemode. Further it holds around 130 internal game development studios.

Embracer Group AB (OSTO:EMBRAC B) Headlines

No Headlines