Arctic Blue Beverages AB (OSTO:ARCTIC) Change In Inventory : kr-4.18 Mil (TTM As of Mar. 2024)

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What is Arctic Blue Beverages AB Change In Inventory?

Arctic Blue Beverages AB's change in inventory for the quarter that ended in Mar. 2024 was kr-5.23 Mil. It means Arctic Blue Beverages AB's inventory increased by kr5.23 Mil from Dec. 2023 to Mar. 2024 .

Arctic Blue Beverages AB's change in inventory for the fiscal year that ended in Dec. 2023 was kr2.18 Mil. It means Arctic Blue Beverages AB's inventory declined by kr2.18 Mil from Dec. 2022 to Dec. 2023 .

Arctic Blue Beverages AB's Total Inventories for the quarter that ended in Mar. 2024 was kr7.85 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Arctic Blue Beverages AB's Days Inventory for the quarter that ended in Mar. 2024 was 626.95.

Inventory Turnover measures how fast the company turns over its inventory within a year. Arctic Blue Beverages AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.15.

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. Arctic Blue Beverages AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 5.15.

Arctic Blue Beverages AB Change In Inventory Historical Data

The historical data trend for Arctic Blue Beverages AB'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.
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Arctic Blue Beverages AB Change In Inventory Chart

Arctic Blue Beverages AB Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Inventory

2.20

2.65

2.18

Arctic Blue Beverages AB Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial									1.13	0.61	0.24	0.20	-5.23

Arctic Blue Beverages AB 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 kr-4.18 Mil.

Arctic Blue Beverages AB (OSTO:ARCTIC) Change In Inventory Explanation

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

Arctic Blue Beverages AB's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	5.1255	/	0.746	*	365 / 4
	=	626.95

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

Arctic Blue Beverages AB's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.746	/	5.1255
	=	0.15

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.

Arctic Blue Beverages AB's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5.1255	/	0.995
	=	5.15

Arctic Blue Beverages AB Change In Inventory Related Terms

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Arctic Blue Beverages AB (OSTO:ARCTIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Arctic Blue Beverages AB (OSTO:ARCTIC) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Aleksanterinkatu 19, Helsinki, FIN, 00100

Website

https://www.arcticbluebeverages.com

Arctic Blue Beverages AB is a beverage company whose products are Arctic Blue Gin, Arctic Blue Gin Navy Strength, Milk-free gin-based oat liqueur, and Arctic Blue Oat. The company invests heavily in international exports and its products are sold in Finland, Sweden, Japan, Australia, and more than a dozen other countries.

Arctic Blue Beverages AB (OSTO:ARCTIC) Headlines

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