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SBM Offshore NV (WBO:SBMO) Change In Inventory : €-114 Mil (TTM As of Dec. 2023)


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What is SBM Offshore NV Change In Inventory?

SBM Offshore NV's change in inventory for the quarter that ended in Dec. 2023 was €-56 Mil. It means SBM Offshore NV's inventory increased by €56 Mil from Jun. 2023 to Dec. 2023 .

SBM Offshore NV's change in inventory for the fiscal year that ended in Dec. 2023 was €-114 Mil. It means SBM Offshore NV's inventory increased by €114 Mil from Dec. 2022 to Dec. 2023 .

SBM Offshore NV's Total Inventories for the quarter that ended in Dec. 2023 was €136 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SBM Offshore NV's Days Inventory for the quarter that ended in Dec. 2023 was 12.26.

Inventory Turnover measures how fast the company turns over its inventory within a year. SBM Offshore NV's Inventory Turnover for the quarter that ended in Dec. 2023 was 14.89.

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. SBM Offshore NV's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.


SBM Offshore NV Change In Inventory Historical Data

The historical data trend for SBM Offshore NV'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.

SBM Offshore NV Change In Inventory Chart

SBM Offshore NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,061.10 -1,145.05 -1,556.72 -9.44 -113.71

SBM Offshore NV Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,498.31 -0.95 -8.50 -58.15 -55.94

SBM Offshore NV 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-114 Mil.

* 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.


SBM Offshore NV  (WBO:SBMO) Change In Inventory Explanation

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

SBM Offshore NV's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=108.9315/1622.173*365 / 2
=12.26

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

SBM Offshore NV's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

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.

SBM Offshore NV's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

* 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.


SBM Offshore NV Change In Inventory Related Terms

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SBM Offshore NV (WBO:SBMO) Business Description

Address
Evert van de Beekstraat 1-77, Schiphol, Amsterdam, NH, NLD, 1118 CL
SBM Offshore NV provides floating production solutions to the offshore energy industry both in hydrocarbon and renewable markets. Its main activities are the design, supply, installation, operation, and life extension of Floating Production Storage and Offloading (FPSO) vessels. The company is also working on floating offshore wind, wave energy and research and development of products for future energy markets. It has dedicated product lines to provide specific floating equipment and products such as Turret Mooring Systems (TMS) and offshore (off)loading Terminals. The Company has two segments: Lease and Operate segment includes all earned day rates on operating lease and operate contracts, and The turnkey segment includes revenues from Turnkey supply contracts and after-sales services.

SBM Offshore NV (WBO:SBMO) Headlines

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