Borr Drilling (OSL:BORR) Total Inventories : kr0 Mil (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Borr Drilling Total Inventories?

Borr Drilling's total inventories for the quarter that ended in Dec. 2023 was kr0 Mil. Borr Drilling's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was kr0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Borr Drilling's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was kr-81.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Borr Drilling's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

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. Borr Drilling's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Borr Drilling Total Inventories Historical Data

The historical data trend for Borr Drilling'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.

Borr Drilling Total Inventories Chart

Borr Drilling Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

Borr Drilling 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															-	-	-	-	-

Borr Drilling 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.

Borr Drilling (OSL:BORR) 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.

Borr Drilling'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)
=	(1081.313	+	0.75 * 592.876	+	0.5 * 0	-	22112.597
-	0	-	0)	/	252.582
=	-81.50

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

Borr Drilling'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
	=	0	/	324.922	*	365 / 4
	=	0.00

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

Borr Drilling'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 )
	=	324.922	/	0
	=	N/A

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.

Borr Drilling'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 )
	=	0	/	2327.198
	=	0.00

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.

Borr Drilling Total Inventories Related Terms

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

Borr Drilling (OSL:BORR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Borr Drilling Ltd (OSL:BORR) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

BORR:USA BDRILLo:Sweden BORRo:UK 0BDR:UK B2W:Germany

Address

9 Par-la-Ville Road, S.E. Pearman Building, 2nd Floor, Hamilton, BMU, HM11

Website

http://www.borrdrilling.com

Borr Drilling Ltd is a drilling contractor that owns and operates jack-up rigs of modern and high-specification designs providing drilling services to the oil and gas exploration and production industry. The company operates a fleet of 16 jack-up drilling rigs. Geographically the activities are carried out through Norway.