Quantafuel AS (Quantafuel AS) Change In Inventory : $0.31 Mil (TTM As of Sep. 2023)

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What is Quantafuel AS Change In Inventory?

Quantafuel AS's change in inventory for the quarter that ended in Sep. 2023 was $0.32 Mil. It means Quantafuel AS's inventory declined by $0.32 Mil from Jun. 2023 to Sep. 2023 .

Quantafuel AS's change in inventory for the fiscal year that ended in Dec. 2022 was $-0.92 Mil. It means Quantafuel AS's inventory increased by $0.92 Mil from Dec. 2021 to Dec. 2022 .

Quantafuel AS's Total Inventories for the quarter that ended in Sep. 2023 was $1.01 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Quantafuel AS's Days Inventory for the quarter that ended in Sep. 2023 was 46.61.

Inventory Turnover measures how fast the company turns over its inventory within a year. Quantafuel AS's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.96.

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. Quantafuel AS's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.68.

Quantafuel AS Change In Inventory Historical Data

The historical data trend for Quantafuel AS'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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Quantafuel AS Change In Inventory Chart

Quantafuel AS Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Inventory

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-0.37

-0.29

-0.92

Quantafuel AS Quarterly Data
	Dec17	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Inventory	Get a 7-Day Free Trial															-0.91	-0.07	0.14	-0.07	0.32

Quantafuel AS 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.31 Mil.

Quantafuel AS (OTCPK:QNTFF) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.164	/	2.279	*	365 / 4
	=	46.61

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

Quantafuel AS's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.279	/	1.164
	=	1.96

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.

Quantafuel AS's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.164	/	1.717
	=	0.68

Quantafuel AS Change In Inventory Related Terms

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Quantafuel AS (Quantafuel AS) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Quantafuel AS (OTCPK:QNTFF) » Definitions » Change In Inventory

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QFUEL:Norway 49Q:Germany

Address

Lilleakerveien 2C, Oslo, NOR, 0283

Website

https://www.quantafuel.com

Quantafuel AS is a Norwegian technology company that develops, designs, and operates production facilities to produce synthetic fuels and chemical products based on non-recyclable waste. The company converts waste plastic into low-carbon synthetic oil products replacing virgin oil products.