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Norsk Hydro ASA (FRA:NOH1) Change In Inventory : €0 Mil (TTM As of Sep. 2024)


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What is Norsk Hydro ASA Change In Inventory?

Norsk Hydro ASA's change in inventory for the quarter that ended in Sep. 2024 was €0 Mil. It means Norsk Hydro ASA's inventory stayed the same from Jun. 2024 to Sep. 2024 .

Norsk Hydro ASA's change in inventory for the fiscal year that ended in Dec. 2023 was €622 Mil. It means Norsk Hydro ASA's inventory declined by €622 Mil from Dec. 2022 to Dec. 2023 .

Norsk Hydro ASA's Total Inventories for the quarter that ended in Sep. 2024 was €2,216 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Norsk Hydro ASA's Days Inventory for the quarter that ended in Sep. 2024 was 68.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. Norsk Hydro ASA's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.33.

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. Norsk Hydro ASA's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.52.


Norsk Hydro ASA Change In Inventory Historical Data

The historical data trend for Norsk Hydro 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.

Norsk Hydro ASA Change In Inventory Chart

Norsk Hydro ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 553.72 27.66 -741.71 -598.98 621.94

Norsk Hydro ASA Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Norsk Hydro 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0 Mil.

* 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.


Norsk Hydro ASA  (FRA:NOH1) Change In Inventory Explanation

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

Norsk Hydro 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
=2211.066/2930.502*365 / 4
=68.85

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

Norsk Hydro ASA's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

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.

Norsk Hydro ASA's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

* 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.


Norsk Hydro ASA Change In Inventory Related Terms

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Norsk Hydro ASA Business Description

Address
Drammensveien 264, Oslo, NOR, NO-0283
Norsk Hydro ASA is an aluminium and renewable energy company committed to a sustainable future. It's engaged in energy to bauxite mining and alumina refining, primary aluminium, aluminium extrusions, and aluminium recycling. The company's reportable segments are Hydro Bauxite & Alumina, Hydro Aluminium Metal, Hydro Extrusions, Hydro Energy, and Hydro Metal Markets activities. Hydro Extrusions delivers products within extrusion profiles, building systems, and precision tubing, and is operating several recycling facilities, both integrated with its extrusion plants and separate plants. Hydro Extrusions are present in about 40 countries. It is delivered to sectors such as construction, automotive and heating, etc. Key revenue comes from the Hydro Extrusions segment.

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