Norse Energy ASA (OSL:NEC) Change In Inventory : kr0.00 Mil (TTM As of Sep. 2013)

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What is Norse Energy ASA Change In Inventory?

Norse Energy ASA's change in inventory for the quarter that ended in Sep. 2013 was kr0.00 Mil. It means Norse Energy ASA's inventory stayed the same from Jun. 2013 to Sep. 2013 .

Norse Energy ASA's change in inventory for the fiscal year that ended in Dec. 2012 was kr0.00 Mil. It means Norse Energy ASA's inventory stayed the same from Dec. 2011 to Dec. 2012 .

Norse Energy ASA's Total Inventories for the quarter that ended in Sep. 2013 was kr0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Norse Energy ASA's Days Inventory for the quarter that ended in Sep. 2013 was 0.00.

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

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. Norse Energy ASA's Inventory-to-Revenue for the quarter that ended in Sep. 2013 was 0.00.

Norse Energy ASA Change In Inventory Historical Data

The historical data trend for Norse Energy ASA'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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Norse Energy ASA Change In Inventory Chart

Norse Energy ASA Annual Data

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Change In Inventory

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Norse Energy ASA Quarterly Data
	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Norse Energy ASA 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 Sep. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was kr0.00 Mil.

Norse Energy ASA (OSL:NEC) Change In Inventory Explanation

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

Norse Energy ASA's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	0.071	*	365 / 4
	=	0.00

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

Norse Energy ASA's Inventory Turnover for the quarter that ended in Sep. 2013 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.071	/	0
	=	N/A

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.

Norse Energy ASA's Inventory to Revenue for the quarter that ended in Sep. 2013 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.119
	=	0.00

Norse Energy ASA Change In Inventory Related Terms

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Norse Energy ASA (OSL:NEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Norse Energy Corp. ASA (OSL:NEC) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

Munkedamsveien 35, 3rd floor, P.O. Box 1903, Oslo, NOR, 0250

Website

http://www.northernoil.no

Norse Energy Corp ASA and its subsidiaries are engaged in the acquisition, exploration and development of oil and natural gas properties in the US.

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