NEL ASA (OSTO:NELO) Change In Inventory : kr0 Mil (TTM As of Sep. 2024)

View and export this data going back to 2004. Start your Free Trial

What is NEL ASA Change In Inventory?

NEL ASA's change in inventory for the quarter that ended in Sep. 2024 was kr0 Mil. It means NEL ASA's inventory stayed the same from Jun. 2024 to Sep. 2024 .

NEL ASA's change in inventory for the fiscal year that ended in Dec. 2023 was kr-199 Mil. It means NEL ASA's inventory increased by kr199 Mil from Dec. 2022 to Dec. 2023 .

NEL ASA's Total Inventories for the quarter that ended in Sep. 2024 was kr485 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NEL ASA's Days Inventory for the quarter that ended in Sep. 2024 was 307.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. NEL ASA's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.30.

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. NEL ASA's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.46.

NEL ASA Change In Inventory Historical Data

The historical data trend for NEL 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.

* Premium members only.

NEL ASA Change In Inventory Chart

NEL ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-70.43

-31.90

-91.34

-176.13

-199.40

NEL ASA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

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

NEL ASA (OSTO:NELo) Change In Inventory Explanation

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

NEL 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
	=	533.683	/	158.412	*	365 / 4
	=	307.42

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

NEL ASA's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	158.412	/	533.683
	=	0.30

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.

NEL ASA's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	533.683	/	365.905
	=	1.46

NEL ASA Change In Inventory Related Terms

Thank you for viewing the detailed overview of NEL ASA's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

NEL ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NEL ASA (OSTO:NELo) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

NLLSY:USA NLLSF:USA NEL:Norway 0E4Q:UK D7G:Germany

Address

Karenslyst alle 49, Oslo, NOR, N-0279

Website

https://www.nelhydrogen.com

NEL ASA is a hydrogen company delivering optimal solutions to produce, store and distribute hydrogen from renewable energy. It serves industries, energy, and gas companies with hydrogen technology. The company's hydrogen solutions cover the entire value chain from hydrogen production technologies to the manufacturing of hydrogen fueling stations, providing all fuel cell electric vehicles with the same fast fueling and long range as conventional vehicles. The company's segments include Fueling and Electroiyser. It generates maximum revenue from the Electroiyser segment. Electrolyser segment produces electrolysers for hydrogen production and Fueling produces hydrogen fueling stations for cars, buses, trucks, and other on-road vehicles.

NEL ASA Headlines

No Headlines