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Eimskipafelag Islands ehf (OISE:EIM) Change In Inventory : kr3 Mil (TTM As of Mar. 2024)


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What is Eimskipafelag Islands ehf Change In Inventory?

Eimskipafelag Islands ehf's change in inventory for the quarter that ended in Mar. 2024 was kr-18 Mil. It means Eimskipafelag Islands ehf's inventory increased by kr18 Mil from Dec. 2023 to Mar. 2024 .

Eimskipafelag Islands ehf's change in inventory for the fiscal year that ended in Dec. 2023 was kr24 Mil. It means Eimskipafelag Islands ehf's inventory declined by kr24 Mil from Dec. 2022 to Dec. 2023 .

Eimskipafelag Islands ehf's Total Inventories for the quarter that ended in Mar. 2024 was kr1,752 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Eimskipafelag Islands ehf's Days Inventory for the quarter that ended in Mar. 2024 was 19.96.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eimskipafelag Islands ehf's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.57.

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. Eimskipafelag Islands ehf's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.06.

Eimskipafelag Islands ehf Change In Inventory Historical Data

The historical data trend for Eimskipafelag Islands ehf'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.

Eimskipafelag Islands ehf Change In Inventory Chart

Eimskipafelag Islands ehf 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 -28.76 86.52 -648.41 -646.07 24.28

Eimskipafelag Islands ehf 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 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 5.81 123.95 -144.53 41.28 -18.15

Eimskipafelag Islands ehf 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 kr3 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.

Eimskipafelag Islands ehf  (OISE:EIM) Change In Inventory Explanation

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

Eimskipafelag Islands ehf's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=1741.057/7959.878*365 / 4
=19.96

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

Eimskipafelag Islands ehf's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=7959.878 / 1741.057
=4.57

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.

Eimskipafelag Islands ehf's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1741.057 / 29635.782
=0.06

* 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.

Eimskipafelag Islands ehf Change In Inventory Related Terms

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Eimskipafelag Islands ehf (OISE:EIM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Eimskipafelag Islands ehf (OISE:EIM) » Definitions » Change In Inventory
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Traded in Other Exchanges
N/A
Address
Sundabakki 2, Reykjavík, ISL, 104
Website
https://www.eimskip.com
Eimskipafelag Islands ehf Formerly Eimpskipafelag Islands provides shipping, logistics, supply chain services. The company's operations are divided into two market segments namely Liner services and Forwarding services. The liner services segment includes operations such as port operations, cold storage facilities, warehousing, trucking and distribution, air freight and agency services in Iceland and Norway. The forwarding services segment includes reefer forwarding, a system based on a network of own offices, association with deep-sea lines and associates. The company earns the majority of its revenues from Iceland, the Faroe Islands, and Asia.