Nekkar ASA (OSTO:TTSO) Change In Inventory : kr-7.8 Mil (TTM As of Jun. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Nekkar ASA Change In Inventory?

Nekkar ASA's change in inventory for the quarter that ended in Jun. 2024 was kr-5.7 Mil. It means Nekkar ASA's inventory increased by kr5.7 Mil from Dec. 2023 to Jun. 2024 .

Nekkar ASA's change in inventory for the fiscal year that ended in Dec. 2023 was kr-9.5 Mil. It means Nekkar ASA's inventory increased by kr9.5 Mil from Dec. 2022 to Dec. 2023 .

Nekkar ASA's Total Inventories for the quarter that ended in Jun. 2024 was kr17.6 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nekkar ASA's Days Inventory for the quarter that ended in Jun. 2024 was 13.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nekkar ASA's Inventory Turnover for the quarter that ended in Jun. 2024 was 13.54.

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. Nekkar ASA's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.05.

Nekkar ASA Change In Inventory Historical Data

The historical data trend for Nekkar 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.

Nekkar ASA Change In Inventory Chart

Nekkar ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-6.29

-4.58

1.94

1.16

-9.55

Nekkar ASA Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Inventory	Get a 7-Day Free Trial															-	-	-7.44	-2.11	-5.70

Nekkar 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was kr-7.8 Mil.

Nekkar ASA (OSTO:TTSO) Change In Inventory Explanation

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

Nekkar 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
	=	14.7115	/	199.266	*	365 / 2
	=	13.47

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	199.266	/	14.7115
	=	13.54

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	14.7115	/	302.058
	=	0.05

Nekkar ASA Change In Inventory Related Terms

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

Nekkar ASA Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

NKR:Norway

Address

Andoyfaret 15, Kristiansand, NOR, 4623

Website

https://www.nekkar.com

Nekkar ASA is a company based on an industrial philosophy utilizing smart design, digitalization, and electrification to achieve higher efficiency and more sustainable solutions for multiple industries. Its main activities are related to Shipyard Solutions, Digital Solutions, and others. The company generates maximum revenue from the Shipyard Solutions segment. Geographically, it derives a majority of revenue from South Asia and also has a presence in Europe; South East Asia; North East Asia; West Asia; America; Africa, and Australia.

Nekkar ASA Headlines

No Headlines