WPU Waste Plastic Upcycling AS (OSL:WPU) Inventory Turnover : 0.00 (As of Jun. 2024)

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What is WPU Waste Plastic Upcycling AS 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. WPU Waste Plastic Upcycling AS's Cost of Goods Sold for the six months ended in Jun. 2024 was kr15.64 Mil. WPU Waste Plastic Upcycling AS's Average Total Inventories for the quarter that ended in Jun. 2024 was kr0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. WPU Waste Plastic Upcycling AS's Days Inventory for the six 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. WPU Waste Plastic Upcycling AS's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.00.

WPU Waste Plastic Upcycling AS Inventory Turnover Historical Data

The historical data trend for WPU Waste Plastic Upcycling AS'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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WPU Waste Plastic Upcycling AS Inventory Turnover Chart

WPU Waste Plastic Upcycling AS Annual Data

Trend

Dec21

Dec22

Dec23

Inventory Turnover

43.53

88.80

WPU Waste Plastic Upcycling AS Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	-	17.55	40.02	46.87	-

WPU Waste Plastic Upcycling AS Inventory Turnover Calculation

WPU Waste Plastic Upcycling AS'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 )
=	14.385	/ (	(0.162	+	0)	/	1 )
=	14.385	/	0.162
=	88.80

WPU Waste Plastic Upcycling AS'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: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	15.638	/ (	(0	+	0)	/	1 )
=	15.638	/	0
=	N/A

WPU Waste Plastic Upcycling AS (OSL:WPU) 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.

WPU Waste Plastic Upcycling AS's Days Inventory for the six 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	/	15.638	*	365 / 2
	=	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.

WPU Waste Plastic Upcycling AS'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	/	2.301
	=	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.

WPU Waste Plastic Upcycling AS Inventory Turnover Related Terms

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WPU Waste Plastic Upcycling AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » WPU Waste Plastic Upcycling AS (OSL:WPU) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

YN2:Germany

Address

Hojgardsvej 13A, Lammefjorden, Farevejle, DNK, 4540

Website

https://www.wpu-dk.com

WPU Waste Plastic Upcycling AS is engaged in optimization of resources, waste collection and related services.

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