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Iceland Seafood International hf (OISE:ICESEA) Change In Inventory : kr382 Mil (TTM As of Mar. 2024)


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What is Iceland Seafood International hf Change In Inventory?

Iceland Seafood International hf's change in inventory for the quarter that ended in Mar. 2024 was kr-735 Mil. It means Iceland Seafood International hf's inventory increased by kr735 Mil from Dec. 2023 to Mar. 2024 .

Iceland Seafood International hf's change in inventory for the fiscal year that ended in Dec. 2023 was kr1,425 Mil. It means Iceland Seafood International hf's inventory declined by kr1,425 Mil from Dec. 2022 to Dec. 2023 .

Iceland Seafood International hf's Total Inventories for the quarter that ended in Mar. 2024 was kr12,334 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Iceland Seafood International hf's Days Inventory for the quarter that ended in Mar. 2024 was 74.58.

Inventory Turnover measures how fast the company turns over its inventory within a year. Iceland Seafood International hf's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.22.

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. Iceland Seafood International hf's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.70.


Iceland Seafood International hf Change In Inventory Historical Data

The historical data trend for Iceland Seafood International 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.

* Premium members only.

Iceland Seafood International hf Change In Inventory Chart

Iceland Seafood International hf 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 -455.08 -2,594.19 802.96 -3,225.62 1,425.49

Iceland Seafood International hf 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 278.69 47.60 1,116.08 -46.71 -735.35

Iceland Seafood International 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr382 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.


Iceland Seafood International hf  (OISE:ICESEA) Change In Inventory Explanation

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

Iceland Seafood International 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
=11985.5295/14665.489*365 / 4
=74.58

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

Iceland Seafood International hf's Inventory Turnover for the quarter that ended in Mar. 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.

Iceland Seafood International hf's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=11985.5295 / 17147.853
=0.70

* 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.


Iceland Seafood International hf Change In Inventory Related Terms

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Iceland Seafood International hf (OISE:ICESEA) Business Description

Traded in Other Exchanges
N/A
Address
Kollunarklettsvegur 2, Reykjavik, ISL, 104
Iceland Seafood International hf is engaged in the sale, processing, and marketing of frozen, salted, and fresh seafood. The company's operating segment includes Value-added Southern Europe; Value added Northern Europe; Sales and Distribution and Other. It generates maximum revenue from the Value-added Southern Europe segment.

Iceland Seafood International hf (OISE:ICESEA) Headlines

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