Masoval AS (OSL:MAS) Inventory Turnover : 0.06 (As of Mar. 2024)

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What is Masoval AS Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Masoval AS's Cost of Goods Sold for the three months ended in Mar. 2024 was kr73 Mil. Masoval AS's Average Total Inventories for the quarter that ended in Mar. 2024 was kr1,195 Mil. Masoval AS's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Masoval AS's Days Inventory for the three months ended in Mar. 2024 was 1,498.80.

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. Masoval AS's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.97.

Masoval AS Inventory Turnover Historical Data

The historical data trend for Masoval AS's Inventory Turnover 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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Masoval AS Inventory Turnover Chart

Masoval AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.47

1.19

0.85

0.45

1.07

Masoval AS Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial													0.03	0.28	0.27	0.32	0.06

Masoval AS Inventory Turnover Calculation

Masoval AS's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	1257.199	/ (	(1197.58	+	1141.952)	/	2 )
=	1257.199	/	1169.766
=	1.07

Masoval AS's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	72.738	/ (	(1141.952	+	1247.515)	/	2 )
=	72.738	/	1194.7335
=	0.06

Masoval AS (OSL:MAS) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Masoval AS'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
	=	1194.7335	/	72.738	*	365 / 4
	=	1,498.80

2. 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.

Masoval AS's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	1194.7335	/	402.256
	=	2.97

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Masoval AS Inventory Turnover Related Terms

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Masoval AS (OSL:MAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Masoval AS (OSL:MAS) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

9QP:Germany

Address

Nordfroyveien 413, Sistranda, NFK, 7260

Website

https://www.masoval.no

Masoval AS owns, operates, and develops companies in the aquaculture industry, which contribute to positive ripple effects and value creation throughout the region. The Group is organized into business units based on its activities and has two operating segments: Farming and Sales and processing.