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Salmon Evolution ASA (OSL:SALME) Inventory-to-Revenue : 1.85 (As of Dec. 2023)


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What is Salmon Evolution ASA Inventory-to-Revenue?

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. Salmon Evolution ASA's Average Total Inventories for the quarter that ended in Dec. 2023 was kr164.5 Mil. Salmon Evolution ASA's Revenue for the three months ended in Dec. 2023 was kr88.9 Mil. Salmon Evolution ASA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.85.

Salmon Evolution ASA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (8.34) to Sep. 2023 (1.85)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Salmon Evolution ASA's Days Inventory for the three months ended in Dec. 2023 was 314.67.

Inventory Turnover measures how fast the company turns over its inventory within a year. Salmon Evolution ASA's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.29.


Salmon Evolution ASA Inventory-to-Revenue Historical Data

The historical data trend for Salmon Evolution ASA's Inventory-to-Revenue 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.

Salmon Evolution ASA Inventory-to-Revenue Chart

Salmon Evolution ASA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
- - 1.23 0.80 0.66

Salmon Evolution ASA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory-to-Revenue 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 1.94 26.90 1.62 8.34 1.85

Competitive Comparison of Salmon Evolution ASA's Inventory-to-Revenue

For the Farm Products subindustry, Salmon Evolution ASA's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Salmon Evolution ASA's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Salmon Evolution ASA's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Salmon Evolution ASA's Inventory-to-Revenue falls into.



Salmon Evolution ASA Inventory-to-Revenue Calculation

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.

Salmon Evolution ASA's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (60.868 + 162.16) / 2 ) / 168.424
=111.514 / 168.424
=0.66

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

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (166.794 + 162.16) / 2 ) / 88.85
=164.477 / 88.85
=1.85

* 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.


Salmon Evolution ASA  (OSL:SALME) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Salmon Evolution 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
=164.477/47.696*365 / 4
=314.67

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

Salmon Evolution 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 )
=47.696 / 164.477
=0.29

* 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.


Salmon Evolution ASA Inventory-to-Revenue Related Terms

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Salmon Evolution ASA (OSL:SALME) Business Description

Traded in Other Exchanges
Address
Torget 5, NO-6440 Elnesvagen, Hustadvika, NOR, 6440
Salmon Evolution ASA is a land-based salmon farming company in Norway. Its focus is on extending the ocean's potential by transferring the preconditions offered by the sea to farm fish on land through its chosen hybrid flow-through system technology (HFS). It production facility of the company is located in Indre Haroy, Norway. It offers access to an educated and experienced workforce, established infrastructure for salmon farming, renewable energy, and unlimited fresh seawater.

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