Nova Klubburinn hf (OISE:NOVA) Change In Inventory : kr24 Mil (TTM As of Mar. 2024)

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What is Nova Klubburinn hf Change In Inventory?

Nova Klubburinn hf's change in inventory for the quarter that ended in Mar. 2024 was kr-128 Mil. It means Nova Klubburinn hf's inventory increased by kr128 Mil from Dec. 2023 to Mar. 2024 .

Nova Klubburinn hf's change in inventory for the fiscal year that ended in Dec. 2023 was kr6 Mil. It means Nova Klubburinn hf's inventory declined by kr6 Mil from Dec. 2022 to Dec. 2023 .

Nova Klubburinn hf's Total Inventories for the quarter that ended in Mar. 2024 was kr533 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nova Klubburinn hf's Days Inventory for the quarter that ended in Mar. 2024 was 28.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nova Klubburinn hf's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.21.

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. Nova Klubburinn hf's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.15.

Nova Klubburinn hf Change In Inventory Historical Data

The historical data trend for Nova Klubburinn 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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Nova Klubburinn hf Change In Inventory Chart

Nova Klubburinn hf Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

184.00

-24.00

8.82

-21.55

5.68

Nova Klubburinn hf Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial										-146.66	65.30	48.82	38.22	-127.84

Nova Klubburinn 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 kr24 Mil.

Nova Klubburinn hf (OISE:NOVA) Change In Inventory Explanation

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

Nova Klubburinn 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
	=	469.2275	/	1504.114	*	365 / 4
	=	28.47

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1504.114	/	469.2275
	=	3.21

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	469.2275	/	3167.634
	=	0.15

Nova Klubburinn hf Change In Inventory Related Terms

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Nova Klubburinn hf (OISE:NOVA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Nova Klubburinn hf (OISE:NOVA) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lágmúli 9, Reykjavík, ISL, 108

Website

https://www.nova.is

Nova Klubburinn hf a full-service telecommunications company operating in Iceland. Nova's customers are individuals and small and medium sized corporations. It operates through three key business areas: mobile network, Fixed network and Goods sold and Others.