Captivision Ordinary Shares(Capt) Financials: Inventory Turnover Compared To Industry Average, Plus Other Key Ratios
Growth Trend (Last 5 Years)
Growth - inventory turnover
This chart shows the historical trend of inventory turnover for CAPT compared to its industry average over the recent years.
Ratio Definition and Interpretation
Name: Inventory Turnover
Definition: Inventory turnover measures how quickly the company sells and replaces its inventory. A higher turnover means products are selling fast and inventory isn’t sitting idle. Slow turnover may suggest weak sales, poor demand forecasting, or obsolete inventory piling up — all of which can tie up cash unnecessarily.
Interpretation:
• In '2021', CAPT's inventory turnover was 4.29, reflecting efficiency in managing inventory stock. Industry average for Industrial Machinery/Components in '2021' stood at 3.30.
• In '2022', CAPT's inventory turnover was 3.40, reflecting efficiency in managing inventory stock. The decline from '2021' may indicate some operational or financial challenges. Industry average for Industrial Machinery/Components in '2022' stood at 3.36. Industry average increased by 0.06 compared to previous year.
• In '2023', CAPT's inventory turnover was 2.36, reflecting efficiency in managing inventory stock. The decline from '2022' may indicate some operational or financial challenges. Industry average for Industrial Machinery/Components in '2023' stood at 3.14. Industry average declined by 0.22 from previous year.
Overall, CAPT's inventory turnover has been volatile but showed a downward trend over the past 3 years.
Formula: Inventory Turnover = Cost of Goods Sold / Average Inventory
Good Range: Typically 4 to 12 depending on industry.