Marel hf (OISE:MAREL) Change In Inventory : kr120 Mil (TTM As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Marel hf Change In Inventory?

Marel hf's change in inventory for the quarter that ended in Mar. 2024 was kr0 Mil. It means Marel hf's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Marel hf's change in inventory for the fiscal year that ended in Dec. 2023 was kr7,482 Mil. It means Marel hf's inventory declined by kr7,482 Mil from Dec. 2022 to Dec. 2023 .

Marel hf's Total Inventories for the quarter that ended in Mar. 2024 was kr52,336 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Marel hf's Days Inventory for the quarter that ended in Mar. 2024 was 121.11.

Inventory Turnover measures how fast the company turns over its inventory within a year. Marel hf's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.75.

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. Marel hf's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.85.

Marel hf Change In Inventory Historical Data

The historical data trend for Marel 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.

Marel hf Change In Inventory Chart

Marel hf Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-692.99

-337.22

-1,832.31

-9,602.01

7,481.56

Marel 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															-	120.13	-	-	-

Marel 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 kr120 Mil.

Marel hf (OISE:MAREL) Change In Inventory Explanation

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

Marel 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
	=	52806.764	/	39786.612	*	365 / 4
	=	121.11

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	39786.612	/	52806.764
	=	0.75

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	52806.764	/	62158.108
	=	0.85

Marel hf Change In Inventory Related Terms

Thank you for viewing the detailed overview of Marel hf's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Marel hf (OISE:MAREL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Marel hf (OISE:MAREL) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

MRRLF:USA MAREL:Netherlands MARELa:UK

Address

Austurhraun 9, Gardabaer, ISL, 210

Website

https://www.marel.com

Marel hf is an Iceland-based company that acts as a provider of equipment, systems and services for the poultry, fish, meat and further processing industries and is involved in the manufacturing, development, distribution and sales of solutions for these industries. The company offers systems for processing broilers, turkeys and ducks, equipment and systems for salmon and whitefish processing, both farmed and wild, onboard and ashore. In addition, it also focuses on deboning and trimming, case ready foodservice and bacon processing. The firm also provides products for portioning, coating, heat treatment and sausage making. It organizes its business in four divisions; poultry, fish, meat, and others.

Marel hf (OISE:MAREL) Headlines

No Headlines