Euronav NV (Euronav NV) Change In Inventory

: $19 Mil (TTM As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

Euronav NV's change in inventory for the quarter that ended in Dec. 2023 was $11 Mil. It means Euronav NV's inventory declined by $11 Mil from Sep. 2023 to Dec. 2023 .

Euronav NV's change in inventory for the fiscal year that ended in Dec. 2023 was $19 Mil. It means Euronav NV's inventory declined by $19 Mil from Dec. 2022 to Dec. 2023 .

Euronav NV's Total Inventories for the quarter that ended in Dec. 2023 was $23 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Euronav NV's Days Inventory for the quarter that ended in Dec. 2023 was 17.45.

Inventory Turnover measures how fast the company turns over its inventory within a year. Euronav NV's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.23.

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. Euronav NV's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.10.

Euronav NV Change In Inventory Historical Data

The historical data trend for Euronav NV'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => -161.12 [6] => 107.60 [7] => 6.75 [8] => 27.39 [9] => 19.13 )

Euronav NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-161.12

107.60

6.75

27.39

19.13

Euronav NV 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																27.24	-3.05	1.43	9.36	11.39

Euronav NV 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 $19 Mil.

Euronav NV (NYSE:EURN) Change In Inventory Explanation

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

Euronav NV's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	28.2055	/	147.451	*	365 / 4
	=	17.45

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	147.451	/	28.2055
	=	5.23

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	28.2055	/	268.633
	=	0.10

Euronav NV Change In Inventory Related Terms

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

Euronav NV (Euronav NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Euronav NV (NYSE:EURN) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

0K9A:UK OCW:Germany EURN:Belgium

Address

De Gerlachekaai 20, Antwerpen, BEL, B-2000

Website

http://www.euronav.com

Euronav NV owns and operates a fleet of vessels for international maritime shipping and storage of crude oil and petroleum products. The company organises itself into two segments: tankers and floating storage and offloading activities, or FSO. The tankers segment, which generates the majority of revenue, operates crude oil tankers on international markets. The FSO segment conducts floating production, floating storage, and offloading operations for crude oil and petroleum products.