Norsk Hydro ASA (LTS:0Q11) Change In Inventory : kr0 Mil (TTM As of Dec. 2023)

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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 Dec. 2023 was kr0 Mil. It means Norsk Hydro ASA's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Norsk Hydro ASA's change in inventory for the fiscal year that ended in Dec. 2023 was kr7,155 Mil. It means Norsk Hydro ASA's inventory declined by kr7,155 Mil from Dec. 2022 to Dec. 2023 .

Norsk Hydro ASA's Total Inventories for the quarter that ended in Dec. 2023 was kr25,449 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 Dec. 2023 was 106.36.

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 Dec. 2023 was 0.86.

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 Dec. 2023 was 0.57.

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.

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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

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5,552.00

293.00

-7,527.00

-6,269.00

7,155.00

Norsk Hydro ASA 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	Get a 7-Day Free Trial															-	-	-	-	-

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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr0 Mil.

Norsk Hydro ASA (LTS:0Q11) 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
	=	26548.5	/	22777	*	365 / 4
	=	106.36

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 Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	22777	/	26548.5
	=	0.86

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 Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	26548.5	/	46754
	=	0.57

Norsk Hydro ASA Change In Inventory Related Terms

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Norsk Hydro ASA (LTS:0Q11) Business Description

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Address

Postboks 980 Skøyen,, Oslo, NOR, NO-0240

Website

https://www.hydro.com

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, and Hydro Energy, as well as the 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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