Hofseth BioCare ASA (OSTO:HBCO) Change In Inventory : kr26.6 Mil (TTM As of Dec. 2024)

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What is Hofseth BioCare ASA Change In Inventory?

Hofseth BioCare ASA's change in inventory for the quarter that ended in Dec. 2024 was kr7.4 Mil. It means Hofseth BioCare ASA's inventory declined by kr7.4 Mil from Sep. 2024 to Dec. 2024 .

Hofseth BioCare ASA's change in inventory for the fiscal year that ended in Dec. 2024 was kr26.6 Mil. It means Hofseth BioCare ASA's inventory declined by kr26.6 Mil from Dec. 2023 to Dec. 2024 .

Hofseth BioCare ASA's Total Inventories for the quarter that ended in Dec. 2024 was kr55.9 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hofseth BioCare ASA's Days Inventory for the quarter that ended in Dec. 2024 was 119.36.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hofseth BioCare ASA's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.76.

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. Hofseth BioCare ASA's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.92.

Hofseth BioCare ASA Change In Inventory Historical Data

The historical data trend for Hofseth BioCare 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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Hofseth BioCare ASA Change In Inventory Chart

Hofseth BioCare ASA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

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-39.32

-17.51

-25.71

33.98

26.63

Hofseth BioCare ASA 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															19.02	-1.17	11.27	9.14	7.39

Hofseth BioCare 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr26.6 Mil.

Hofseth BioCare ASA (OSTO:HBCO) Change In Inventory Explanation

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

Hofseth BioCare 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
	=	59.612	/	45.572	*	365 / 4
	=	119.36

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	45.572	/	59.612
	=	0.76

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	59.612	/	64.974
	=	0.92

Hofseth BioCare ASA Change In Inventory Related Terms

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Hofseth BioCare ASA Business Description

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HOFBF:USA HBC:Norway 0Q6H:UK HBQ:Germany

Address

Kipervikgata 13, Aalesund, NOR, 6003

Website

https://www.hofsethbiocare.com

Hofseth BioCare ASA is a Norway based company engaged in the business of development, manufacturing, marketing and sale of marine ingredients such as oil, calcium and protein products. It is also involved in cooperation, participation, and ownership in the businesses engaged in related activities. The group operates in the business segment of producing salmon oil, soluble protein, calcium, and nonwater soluble protein. The brands under the company are OmeGo, PetGo, ProGo, and CalGo. The firm sells products to various segments of the human nutrition market such as sports nutrition, supplements, and health foods, as well as to the market within nutrition to pet and feed industry. It generates the majority of the revenue from the sale of salmon oil.

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