Orkla ASA (Orkla ASA) Change In Inventory : $0 Mil (TTM As of Dec. 2023)

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What is Orkla ASA Change In Inventory?

Orkla ASA's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means Orkla ASA's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Orkla ASA's change in inventory for the fiscal year that ended in Dec. 2023 was $0 Mil. It means Orkla ASA's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Orkla ASA's Total Inventories for the quarter that ended in Dec. 2023 was $961 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Inventory Turnover measures how fast the company turns over its inventory within a year. Orkla ASA's Inventory Turnover for the quarter that ended in Dec. 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. Orkla ASA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.58.

Orkla ASA Change In Inventory Historical Data

The historical data trend for Orkla ASA's Change In Inventory 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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Orkla ASA Change In Inventory Chart

Orkla ASA Annual Data

Trend

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Change In Inventory

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Orkla ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Orkla ASA Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

Orkla ASA (OTCPK:ORKLY) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Orkla ASA's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	971.282	/	0	*	365 / 4
	=	N/A

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Orkla ASA's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	971.282
	=	0.00

3. 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.

Orkla ASA's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	971.282	/	1681.517
	=	0.58

Orkla ASA Change In Inventory Related Terms

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Orkla ASA (Orkla ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Orkla ASA (OTCPK:ORKLY) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

ORKLF:USA ORKo:Sweden ORK:Norway ORKo:UK 0FIN:UK OKL:Germany

Address

Drammensveien 149, Oslo, NOR, NO-0277

Website

https://www.orkla.no

Orkla ASA is a branded consumer goods company, originally from Norway. Its business consists of the following divisions: Orkla Foods, Orkla Confectionery and Snacks, Orkla Care, Orkla Food Ingredients, and Orkla Consumer & Financial Investments business. Orkla offers its products to the grocery sector, specialty retailers, out-of-home sectors, and the bakery market. Orkla's main geographical markets are the Nordic and Norway regions, which account for more than half of the total sales. The Orkla Group also sells some of its product categories in Central Europe and India.

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