GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telenor ASA (OTCPK:TELNY) » Definitions » Total Inventories

Telenor ASA (Telenor ASA) Total Inventories : $91 Mil (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Telenor ASA Total Inventories?

Telenor ASA's total inventories for the quarter that ended in Dec. 2023 was $91 Mil. Telenor ASA's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $95 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Telenor ASA's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-8.44.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Telenor ASA's Days Inventory for the three months ended in Dec. 2023 was 17.61.

Inventory Turnover measures how fast the company turns over its inventory within a year. Telenor ASA's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.18.

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. Telenor ASA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.


Telenor ASA Total Inventories Historical Data

The historical data trend for Telenor ASA's Total Inventories 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.

Telenor ASA Total Inventories Chart

Telenor ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 164.56 150.80 174.03 157.79 90.53

Telenor ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 157.79 121.82 115.50 99.21 90.53

Telenor ASA Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Telenor ASA  (OTCPK:TELNY) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Telenor ASA's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1977.458+0.75 * 1174+0.5 * 90.526-14024.399
-0-564.108)/1385.05
=-8.44

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

Telenor ASA'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
=94.868/491.497*365 / 4
=17.61

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

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

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=491.497 / 94.868
=5.18

4. 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.

Telenor ASA'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 )
=94.868 / 2107.892
=0.05

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Telenor ASA Total Inventories Related Terms

Thank you for viewing the detailed overview of Telenor ASA's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Telenor ASA (Telenor ASA) Business Description

Address
Snaroyveien 30, Fornebu, NOR, N-1360
Telenor is an international provider of telecom, data, and media communication services. It is the incumbent dominant telecom operator in Norway and the Norwegian government holds a stake of more than 50% in the firm. Telenor also operates in other Nordic countries and owns several businesses in Asia. Most of Telenor's operations are mobile businesses, although it also has some fixed-line operations in Nordic European countries.

Telenor ASA (Telenor ASA) Headlines

From GuruFocus

Telenor ASA's Dividend Analysis

By GuruFocus Research 10-18-2023

3 High-Yield Stocks for the Dividend Investor

By Alberto Abaterusso Alberto Abaterusso 04-10-2020