Aker Carbon Capture ASA (LTS:0ZCB) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is Aker Carbon Capture ASA 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. Aker Carbon Capture ASA's Cost of Goods Sold for the three months ended in Dec. 2023 was kr537 Mil. Aker Carbon Capture ASA's Average Total Inventories for the quarter that ended in Dec. 2023 was kr0 Mil.

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

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. Aker Carbon Capture ASA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Aker Carbon Capture ASA Inventory Turnover Historical Data

The historical data trend for Aker Carbon Capture ASA'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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Aker Carbon Capture ASA Inventory Turnover Chart

Aker Carbon Capture ASA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Aker Carbon Capture ASA Quarterly Data
	Jul20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial									-	-	-	-	-

Aker Carbon Capture ASA Inventory Turnover Calculation

Aker Carbon Capture ASA'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 )
=	1491.85	/ (	(0	+	0)	/	1 )
=	1491.85	/	0
=	N/A

Aker Carbon Capture ASA'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 )
=	536.558	/ (	(0	+	0)	/	1 )
=	536.558	/	0
=	N/A

Aker Carbon Capture ASA (LTS:0ZCB) 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.

Aker Carbon Capture ASA'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	/	536.558	*	365 / 4
	=	0.00

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.

Aker Carbon Capture ASA'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	/	572.759
	=	0.00

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.

Aker Carbon Capture ASA Inventory Turnover Related Terms

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Aker Carbon Capture ASA (LTS:0ZCB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aker Carbon Capture ASA (LTS:0ZCB) » Definitions » Inventory Turnover

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Traded in Other Exchanges

AKCCF:USA ACCo:Sweden ACC:Norway 606:Germany

Address

Oksenoyveien 8, Lysaker, Baerum, NOR, 1366

Website

https://www.akercarboncapture.com

Aker Carbon Capture ASA is a carbon capture technology provider. The company's proprietary carbon capture process uses a mixture of water and organic amine solvents to absorb the CO2. This process can be applied to emissions from various sources, from gas, coal, cement, refineries, and waste-to-energy through to hydrogen and other process industries. Its products and services include Just Catch, Offshore Just Catch, Big Catch, Mobile Test Unit - Rental service, CO2 for Enhanced Oil Recovery (EOR), and Storage Practice.

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