Nurminen Logistics Oyj (Nurminen Logistics Oyj) Change In Inventory : $0.0 Mil (TTM As of Dec. 2023)

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What is Nurminen Logistics Oyj Change In Inventory?

Nurminen Logistics Oyj's change in inventory for the quarter that ended in Dec. 2023 was $0.0 Mil. It means Nurminen Logistics Oyj's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Nurminen Logistics Oyj's change in inventory for the fiscal year that ended in Dec. 2023 was $0.2 Mil. It means Nurminen Logistics Oyj's inventory declined by $0.2 Mil from Dec. 2022 to Dec. 2023 .

Nurminen Logistics Oyj's Total Inventories for the quarter that ended in Dec. 2023 was $1.2 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nurminen Logistics Oyj's Days Inventory for the quarter that ended in Dec. 2023 was 4.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nurminen Logistics Oyj's Inventory Turnover for the quarter that ended in Dec. 2023 was 45.58.

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. Nurminen Logistics Oyj's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

Nurminen Logistics Oyj Change In Inventory Historical Data

The historical data trend for Nurminen Logistics Oyj'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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Nurminen Logistics Oyj Change In Inventory Chart

Nurminen Logistics Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.01

-0.04

-0.12

0.23

Nurminen Logistics Oyj Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Nurminen Logistics Oyj 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 semi-annually data reported by the company within the most recent 12 months, which was $0.0 Mil.

Nurminen Logistics Oyj (GREY:NRNMF) Change In Inventory Explanation

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

Nurminen Logistics Oyj's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.266	/	57.707	*	365 / 2
	=	4.00

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

Nurminen Logistics Oyj's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	57.707	/	1.266
	=	45.58

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.

Nurminen Logistics Oyj's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.266	/	77.692
	=	0.02

Nurminen Logistics Oyj Change In Inventory Related Terms

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Nurminen Logistics Oyj (Nurminen Logistics Oyj) Business Description

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NLG1V:Finland 8I4:Germany

Address

Satamakaari 24, Helsinki, FIN, 00980

Website

https://www.nurminenlogistics.com

Nurminen Logistics Oyj is engaged in the provision of logistics services. The company offers high-quality rail transport, terminal, and multimodal solutions between Asia and Europe and in the Nordic and Baltic countries. The company's revenue consists mainly of forwarding services, railway transport and terminal services. The company also receives income from short-term and long-term warehousing services. Geographically, it derives most of its revenue from Baltic countries and has a presence in Russia.

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