Icelandair Group hf (OISE:ICEAIR) Change In Inventory : kr266 Mil (TTM As of Mar. 2025)

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What is Icelandair Group hf Change In Inventory?

Icelandair Group hf's change in inventory for the quarter that ended in Mar. 2025 was kr-118 Mil. It means Icelandair Group hf's inventory increased by kr118 Mil from Dec. 2024 to Mar. 2025 .

Icelandair Group hf's change in inventory for the fiscal year that ended in Dec. 2024 was kr318 Mil. It means Icelandair Group hf's inventory declined by kr318 Mil from Dec. 2023 to Dec. 2024 .

Icelandair Group hf's Total Inventories for the quarter that ended in Mar. 2025 was kr3,388 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Icelandair Group hf's Days Inventory for the quarter that ended in Mar. 2025 was 8.57.

Inventory Turnover measures how fast the company turns over its inventory within a year. Icelandair Group hf's Inventory Turnover for the quarter that ended in Mar. 2025 was 10.64.

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. Icelandair Group hf's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.09.

Icelandair Group hf Change In Inventory Historical Data

The historical data trend for Icelandair Group hf'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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Icelandair Group hf Change In Inventory Chart

Icelandair Group hf Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

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-92.90

-165.07

386.44

-16.76

318.11

Icelandair Group hf Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Change In Inventory	Get a 7-Day Free Trial															-65.77	104.93	172.11	106.85	-117.60

Icelandair Group hf 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was kr266 Mil.

Icelandair Group hf (OISE:ICEAIR) Change In Inventory Explanation

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

Icelandair Group hf's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	3260.7485	/	34699.633	*	365 / 4
	=	8.57

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

Icelandair Group hf's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	34699.633	/	3260.7485
	=	10.64

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.

Icelandair Group hf's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3260.7485	/	36652.563
	=	0.09

Icelandair Group hf Change In Inventory Related Terms

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Icelandair Group hf Business Description

Industry

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Address

Reykjavikurflugvollur, Reykjavik Airport, Reykjavik, ISL, 101

Website

https://www.icelandairgroup.is

Icelandair Group hf through its subsidiaries provides airlines and tourism services in Iceland. The company's segments are Passenger and cargo operations and Other group entities. It generates maximum revenue from the Passenger and cargo operations segment. Geographically, it derives maximum revenue from Iceland and also has a presence in North America, West Continental Europe, Scandinavia, the United Kingdom, and Other countries.

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