Safe Lane Gaming AB (XSAT:SLG B) Inventory Turnover : 0.00 (As of Sep. 2023)

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What is Safe Lane Gaming 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. Safe Lane Gaming AB's Cost of Goods Sold for the three months ended in Sep. 2023 was kr3.40 Mil. Safe Lane Gaming AB's Average Total Inventories for the quarter that ended in Sep. 2023 was kr0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Safe Lane Gaming AB's Days Inventory for the three months ended in Sep. 2023 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. Safe Lane Gaming AB's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.

Safe Lane Gaming AB Inventory Turnover Historical Data

The historical data trend for Safe Lane Gaming 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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Safe Lane Gaming AB Inventory Turnover Chart

Safe Lane Gaming AB Annual Data

Trend

Dec13

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Dec20

Dec21

Dec22

Inventory Turnover

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Safe Lane Gaming AB Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Safe Lane Gaming AB Inventory Turnover Calculation

Safe Lane Gaming 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 )
=	16.709	/ (	(0	+	0)	/	1 )
=	16.709	/	0
=	N/A

Safe Lane Gaming AB's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	3.396	/ (	(0	+	0)	/	1 )
=	3.396	/	0
=	N/A

Safe Lane Gaming AB (XSAT:SLG 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.

Safe Lane Gaming AB's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	0	/	3.396	*	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.

Safe Lane Gaming AB's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	0	/	7.534
	=	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.

Safe Lane Gaming AB Inventory Turnover Related Terms

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Safe Lane Gaming AB (XSAT:SLG B) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Safe Lane Gaming AB (XSAT:SLG B) » Definitions » Inventory Turnover

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SLG B:Sweden

Address

Birger Jarlsgatan 18a, Stockholm, SWE

Website

https://www.safelanegaming.com

Safe Lane Gaming AB is an acquisition-intensive company in the gaming industry. The company is engaged in developing and managing games for all platforms.

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