A. P. Moller Maersk A/S (A. P. Moller Maersk A/S) Inventory Turnover : 24.60 (As of Dec. 2023)

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What is A. P. Moller Maersk A/S 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. A. P. Moller Maersk A/S's Cost of Goods Sold for the three months ended in Dec. 2023 was $42,156 Mil. A. P. Moller Maersk A/S's Average Total Inventories for the quarter that ended in Dec. 2023 was $1,714 Mil. A. P. Moller Maersk A/S's Inventory Turnover for the quarter that ended in Dec. 2023 was 24.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. A. P. Moller Maersk A/S's Days Inventory for the three months ended in Dec. 2023 was 3.71.

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. A. P. Moller Maersk A/S's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.15.

A. P. Moller Maersk A/S Inventory Turnover Historical Data

The historical data trend for A. P. Moller Maersk A/S'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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A. P. Moller Maersk A/S Inventory Turnover Chart

A. P. Moller Maersk A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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29.39

28.80

33.50

32.81

28.93

A. P. Moller Maersk A/S Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															26.03	1.22	-	0.97	24.60

A. P. Moller Maersk A/S Inventory Turnover Calculation

A. P. Moller Maersk A/S'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 )
=	47191	/ (	(1604	+	1658)	/	2 )
=	47191	/	1631
=	28.93

A. P. Moller Maersk A/S's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	42156	/ (	(1769	+	1658)	/	2 )
=	42156	/	1713.5
=	24.60

A. P. Moller Maersk A/S (OTCPK:AMKBF) 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.

A. P. Moller Maersk A/S'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
	=	1713.5	/	42156	*	365 / 4
	=	3.71

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.

A. P. Moller Maersk A/S'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 )
	=	1713.5	/	11741
	=	0.15

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.

A. P. Moller Maersk A/S Inventory Turnover Related Terms

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A. P. Moller Maersk A/S (A. P. Moller Maersk A/S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » A. P. Moller Maersk A/S (OTCPK:AMKBF) » Definitions » Inventory Turnover

Traded in Other Exchanges

AMKBY:USA AMKAF:USA MAERBc:UK MAERAc:UK 0O77:UK 0O76:UK MAERSK B:Denmark MAERSK A:Denmark DP4H:Germany MRSA:Austria

Address

Esplanaden 50, Copenhagen, DNK, DK-1098

Website

https://www.maersk.com

A.P. Moller-Maersk is a Denmark-listed global conglomerate involved in global trade, shipping, and energy. Maersk Line, the largest contributor to group revenue and earnings, has been the largest container shipping company globally for more than 20 years. Maersk was founded in 1904 and has since been run by the Moller-Maersk family, which currently holds slightly more than 50% of the share capital. The group has been active over the past few years in divesting noncore operations, such as its long-standing stakes in Danske Bank and Dansk Supermarked as well as its oil and gas operations.

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