Northern Ocean (OSL:NOL) Change In Inventory : kr0 Mil (TTM As of Dec. 2024)

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What is Northern Ocean Change In Inventory?

Northern Ocean's change in inventory for the quarter that ended in Dec. 2024 was kr0 Mil. It means Northern Ocean's inventory stayed the same from Sep. 2024 to Dec. 2024 .

Northern Ocean's change in inventory for the fiscal year that ended in Dec. 2024 was kr0 Mil. It means Northern Ocean's inventory stayed the same from Dec. 2023 to Dec. 2024 .

Northern Ocean's Total Inventories for the quarter that ended in Dec. 2024 was kr4 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Northern Ocean's Days Inventory for the quarter that ended in Dec. 2024 was 2.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. Northern Ocean's Inventory Turnover for the quarter that ended in Dec. 2024 was 40.93.

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. Northern Ocean's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.02.

Northern Ocean Change In Inventory Historical Data

The historical data trend for Northern Ocean'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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Northern Ocean Change In Inventory Chart

Northern Ocean Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

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Northern Ocean Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Northern Ocean 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr0 Mil.

Northern Ocean (OSL:NOL) Change In Inventory Explanation

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

Northern Ocean's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	17.2905	/	707.614	*	365 / 4
	=	2.23

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

Northern Ocean's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	707.614	/	17.2905
	=	40.93

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.

Northern Ocean's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	17.2905	/	732.961
	=	0.02

Northern Ocean Change In Inventory Related Terms

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Northern Ocean Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Northern Ocean Ltd (OSL:NOL) » Definitions » Change In Inventory

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NOLo:Sweden 4JO:Germany

Address

14 Par La Ville Road, Par La Ville Place, PO Box HM 1593, Hamilton, BMU, HM08

Website

https://www.northernocean.no

Northern Ocean Ltd is an international offshore drilling contractor for the oil and gas industry. The company acquires and operates modern drilling assets and is engaged in offshore contract drilling in benign and harsh environments, including ultra-deep-water environments. It owns two semi-submersible rigs, Deepsea Mira and Deepsea Bollsta. The company earns revenue from Drilling, Mobilization and demobilization, Contract preparation and One-time reimbursed costs.

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