Archer (OSTO:ARCHERO) Change In Inventory : kr67 Mil (TTM As of Dec. 2024)

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What is Archer Change In Inventory?

Archer's change in inventory for the quarter that ended in Dec. 2024 was kr15 Mil. It means Archer's inventory declined by kr15 Mil from Sep. 2024 to Dec. 2024 .

Archer's change in inventory for the fiscal year that ended in Dec. 2024 was kr70 Mil. It means Archer's inventory declined by kr70 Mil from Dec. 2023 to Dec. 2024 .

Archer's Total Inventories for the quarter that ended in Dec. 2024 was kr851 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Archer's Days Inventory for the quarter that ended in Dec. 2024 was 367.80.

Inventory Turnover measures how fast the company turns over its inventory within a year. Archer's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.25.

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. Archer's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.20.

Archer Change In Inventory Historical Data

The historical data trend for Archer'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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Archer Change In Inventory Chart

Archer Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

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-6.10

19.76

11.86

-177.23

69.57

Archer 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															-26.37	28.65	8.49	14.87	14.59

Archer 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 kr67 Mil.

Archer (OSTO:ARCHERo) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	795.9815	/	197.479	*	365 / 4
	=	367.80

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	197.479	/	795.9815
	=	0.25

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	795.9815	/	3908.065
	=	0.20

Archer Change In Inventory Related Terms

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Archer Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Archer Ltd (OSTO:ARCHERo) » Definitions » Change In Inventory

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ARHVF:USA ARCH:Norway 0RBA:UK

Address

Sandnesveien 358, Sandnes, NOR, 4312

Website

https://www.archerwell.com

Archer Ltd is an international oilfield service company providing various oilfield products and services through its area organizations. Its services include platform drilling, land drilling, directional drilling, underbalanced drilling, modular rigs, engineering services, equipment rentals, wireline services, pressure control, pressure pumping, production monitoring, well imaging, and integrity management tools. The reporting segments of the company are Platform Operations, Well Services, and Land Drilling. The majority of revenue is derived from the Platform Operations segment. Platform Operations segment includes Platform Drilling, Modular rig, and Engineering services.

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