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Elmera Group ASA (OSL:ELMRA) Days Inventory : 0.00 (As of Mar. 2024)


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What is Elmera Group ASA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Elmera Group ASA's Average Total Inventories for the three months ended in Mar. 2024 was kr0 Mil. Elmera Group ASA's Cost of Goods Sold for the three months ended in Mar. 2024 was kr4,841 Mil. Hence, Elmera Group ASA's Days Inventory for the three months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Elmera Group ASA's Days Inventory or its related term are showing as below:

OSL:ELMRA' s Days Inventory Range Over the Past 10 Years
Min: 0.01   Med: 0.06   Max: 0.25
Current: 0.01

During the past 9 years, Elmera Group ASA's highest Days Inventory was 0.25. The lowest was 0.01. And the median was 0.06.

OSL:ELMRA's Days Inventory is ranked better than
99.78% of 462 companies
in the Utilities - Regulated industry
Industry Median: 23.41 vs OSL:ELMRA: 0.01

Elmera Group ASA's Days Inventory declined from Mar. 2023 (0.01) to Mar. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Elmera Group ASA's Inventory Turnover for the three months ended in Mar. 2024 was 19,247.62.

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. Elmera Group ASA's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


Elmera Group ASA Days Inventory Historical Data

The historical data trend for Elmera Group ASA's Days 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.

Elmera Group ASA Days Inventory Chart

Elmera Group ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 0.04 0.25 0.06 0.02 0.01

Elmera Group ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days 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 0.01 0.02 0.03 0.01 -

Competitive Comparison of Elmera Group ASA's Days Inventory

For the Utilities - Regulated Electric subindustry, Elmera Group ASA's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Elmera Group ASA's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Elmera Group ASA's Days Inventory distribution charts can be found below:

* The bar in red indicates where Elmera Group ASA's Days Inventory falls into.



Elmera Group ASA Days Inventory Calculation

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

Elmera Group ASA's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0.46 + 0.371) / 2 ) / 17192.526*365
=0.4155 / 17192.526*365
=0.01

Elmera Group ASA's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0.371 + 0.132) / 2 ) / 4840.776*365 / 4
=0.2515 / 4840.776*365 / 4
=0.00

* 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.


Elmera Group ASA  (OSL:ELMRA) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Elmera Group ASA's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

2. 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.

Elmera Group ASA's Inventory to Revenue for the three months ended in Mar. 2024 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Elmera Group ASA Days Inventory Related Terms

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


Elmera Group ASA (OSL:ELMRA) Business Description

Traded in Other Exchanges
Address
Folke Bernadottes vei 38, Fyllingsdalen, Bergen, NOR, 5147
Elmera Group ASA formerly Fjordkraft Holding ASA is an electric power supply company that serves the private and public sectors along with the residences of Norway. It operates in segments being; Consumer, Business, Nordic and New Growth Initiatives (NGI), which consists of its mobile services business, the alliance segment and the Extended Alliance. The consumer segment comprises the sale of electrical power to private consumers which generates key revenue whilst the latter comprises of sale of electricity to businesses.

Elmera Group ASA (OSL:ELMRA) Headlines

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