Equinor ASA (FRA:DNQA) Change In Inventory : €0 Mil (TTM As of Dec. 2023)

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

What is Equinor ASA Change In Inventory?

Equinor ASA's change in inventory for the quarter that ended in Dec. 2023 was €0 Mil. It means Equinor ASA's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Equinor ASA's change in inventory for the fiscal year that ended in Dec. 2023 was €0 Mil. It means Equinor ASA's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Equinor ASA's Total Inventories for the quarter that ended in Dec. 2023 was €3,497 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Equinor ASA's Days Inventory for the quarter that ended in Dec. 2023 was 24.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Equinor ASA's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.80.

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. Equinor ASA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.15.

Equinor ASA Change In Inventory Historical Data

The historical data trend for Equinor ASA'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.

* Premium members only.

Equinor ASA Change In Inventory Chart

Equinor ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

Equinor ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Equinor ASA 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 quarterly data reported by the company within the most recent 12 months, which was €0 Mil.

Equinor ASA (FRA:DNQA) Change In Inventory Explanation

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

Equinor ASA's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	4013.448	/	15246.042	*	365 / 4
	=	24.02

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

Equinor ASA's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	15246.042	/	4013.448
	=	3.80

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4013.448	/	26449.031
	=	0.15

Equinor ASA Change In Inventory Related Terms

Thank you for viewing the detailed overview of Equinor ASA's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Equinor ASA (FRA:DNQA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Equinor ASA (FRA:DNQA) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

STOHF:USA EQNR:USA EQNR:Sweden EQNR:Norway EQNR:Mexico EQNRo:UK 0M2Z:UK DNQ:Germany E1QN34:Brazil

Address

Forusbeen 50, Stavanger, NOR, N-4035

Website

https://www.equinor.com

Equinor is a Norway-based integrated oil and gas company. It has been publicly listed since 2001, but the government retains a 67% stake. Operating primarily on the Norwegian Continental Shelf, the firm produced 2.0 million barrels of oil equivalent per day in 2022 (50% liquids) and ended the year with 5.2 billion barrels of proven reserves (49% liquidsl). Operations also include offshore wind, solar, oil refineries and natural gas processing, marketing, and trading.

Equinor ASA (FRA:DNQA) Headlines

No Headlines