StrongPoint ASA (LTS:0JEZ) Change In Inventory : kr-2 Mil (TTM As of Mar. 2024)

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What is StrongPoint ASA Change In Inventory?

StrongPoint ASA's change in inventory for the quarter that ended in Mar. 2024 was kr10 Mil. It means StrongPoint ASA's inventory declined by kr10 Mil from Dec. 2023 to Mar. 2024 .

StrongPoint ASA's change in inventory for the fiscal year that ended in Dec. 2023 was kr17 Mil. It means StrongPoint ASA's inventory declined by kr17 Mil from Dec. 2022 to Dec. 2023 .

StrongPoint ASA's Total Inventories for the quarter that ended in Mar. 2024 was kr225 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. StrongPoint ASA's Days Inventory for the quarter that ended in Mar. 2024 was 90.67.

Inventory Turnover measures how fast the company turns over its inventory within a year. StrongPoint ASA's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.01.

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. StrongPoint ASA's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.63.

StrongPoint ASA Change In Inventory Historical Data

The historical data trend for StrongPoint 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.

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StrongPoint ASA Change In Inventory Chart

StrongPoint ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-12.38

3.17

-74.05

-1.15

17.17

StrongPoint ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															28.86	-28.41	-3.40	20.11	9.79

StrongPoint 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-2 Mil.

StrongPoint ASA (LTS:0JEZ) Change In Inventory Explanation

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

StrongPoint 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
	=	227.696	/	229.148	*	365 / 4
	=	90.67

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

StrongPoint ASA's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	229.148	/	227.696
	=	1.01

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.

StrongPoint ASA's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	227.696	/	358.958
	=	0.63

StrongPoint ASA Change In Inventory Related Terms

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StrongPoint ASA (LTS:0JEZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » StrongPoint ASA (LTS:0JEZ) » Definitions » Change In Inventory

Traded in Other Exchanges

PSIo:Sweden STRO:Norway PGT:Germany

Address

Slynga 10, Raelingen, NOR, 2005

Website

https://www.strongpoint.com

StrongPoint ASA is a retail technology company that provides solutions to make shops smarter, shopping experiences better and online grocery shopping more efficient. With over 500 employees in Norway, Sweden, the Baltics and Spain and together with a wide partner network, StrongPoint supports businesses in more than 20 countries. It provides in-store cash management and payment solutions, electronic shelf labels, self-checkouts, task and labor management software, click & collect temperature-controlled grocery lockers, in-store and drive-thru grocery pickup solutions and grocery order picking solutions.

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