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Viking Supply Ships AB (OSTO:VSSAB B) Inventory-to-Revenue : 0.12 (As of Mar. 2024)


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What is Viking Supply Ships AB 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. Viking Supply Ships AB's Average Total Inventories for the quarter that ended in Mar. 2024 was kr27.9 Mil. Viking Supply Ships AB's Revenue for the three months ended in Mar. 2024 was kr229.0 Mil. Viking Supply Ships AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.12.

Viking Supply Ships AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.21) to Dec. 2023 (0.12)

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. Viking Supply Ships AB's Days Inventory for the three months ended in Mar. 2024 was 14.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. Viking Supply Ships AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 6.13.


Viking Supply Ships AB Inventory-to-Revenue Historical Data

The historical data trend for Viking Supply Ships AB'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.

Viking Supply Ships AB Inventory-to-Revenue Chart

Viking Supply Ships AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.03 0.03 0.03 0.04

Viking Supply Ships AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only 0.12 - - 0.21 0.12

Competitive Comparison of Viking Supply Ships AB's Inventory-to-Revenue

For the Marine Shipping subindustry, Viking Supply Ships AB'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.


Viking Supply Ships AB's Inventory-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Viking Supply Ships AB's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Viking Supply Ships AB's Inventory-to-Revenue falls into.



Viking Supply Ships AB 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.

Viking Supply Ships AB'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 )
=( (21.495 + 27.901) / 2 ) / 607.153
=24.698 / 607.153
=0.04

Viking Supply Ships AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (27.901 + 0) / 1 ) / 229
=27.901 / 229
=0.12

* 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.


Viking Supply Ships AB  (OSTO:VSSAB B) 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.

Viking Supply Ships AB's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=27.901/171*365 / 4
=14.89

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

Viking Supply Ships AB's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=171 / 27.901
=6.13

* 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.


Viking Supply Ships AB Inventory-to-Revenue Related Terms

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Viking Supply Ships AB (OSTO:VSSAB B) Business Description

Traded in Other Exchanges
N/A
Address
Idrottsvagen 1, Stenungsund, SWE, 444 31
Viking Supply Ships AB offers offshore and icebreaking services to oil-prospecting customers in the North Sea, Arctic, and Subarctic waters. It operates in four segments: Ice-classed AHTS (Anchor Handling Tug Supply), Ice-classed PSV, Ice Management & Services, and Ship Management. The company's geographical segments are Denmark, Norway, Russia, Poland, the United Kingdom, the Netherlands, Cyprus, the USA, Sweden, and the Rest of the world. Geographically majority of revenue derives from the UK followed by Sweden.

Viking Supply Ships AB (OSTO:VSSAB B) Headlines

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