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Nordic Technology Group AS (OSL:NTG) Days Inventory : 0.00 (As of Dec. 2024)


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What is Nordic Technology Group AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nordic Technology Group AS's Average Total Inventories for the six months ended in Dec. 2024 was kr17.26 Mil. Nordic Technology Group AS's Cost of Goods Sold for the six months ended in Dec. 2024 was kr-8.55 Mil.

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

OSL:NTG's Days Inventory is not ranked *
in the Hardware industry.
Industry Median: 97.01
* Ranked among companies with meaningful Days Inventory only.

Nordic Technology Group AS's Days Inventory stayed the same from Dec. 2023 (0.00) to Dec. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Nordic Technology Group AS's Inventory Turnover for the six months ended in Dec. 2024 was -0.50.

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. Nordic Technology Group AS's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.64.

Nordic Technology Group AS Days Inventory Historical Data

The historical data trend for Nordic Technology Group AS'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.

Nordic Technology Group AS Days Inventory Chart

Nordic Technology Group AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Days Inventory
- - - -

Nordic Technology Group AS Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Days Inventory Get a 7-Day Free Trial - - - - -

Competitive Comparison of Nordic Technology Group AS's Days Inventory

For the Scientific & Technical Instruments subindustry, Nordic Technology Group AS'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.

Nordic Technology Group AS's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nordic Technology Group AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nordic Technology Group AS's Days Inventory falls into.


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Nordic Technology Group AS Days Inventory Calculation

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

Nordic Technology Group AS's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (14.777 + 18.394) / 2 ) / -23.292*365
=16.5855 / -23.292*365
=N/A

Nordic Technology Group AS's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (16.134 + 18.394) / 2 ) / -8.551*365 / 2
=17.264 / -8.551*365 / 2
=N/A

* 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.

Nordic Technology Group AS  (OSL:NTG) 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.

Nordic Technology Group AS's Inventory Turnover for the six months ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=-8.551 / 17.264
=-0.50

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.

Nordic Technology Group AS's Inventory to Revenue for the six months ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=17.264 / 26.906
=0.64

* 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.

Nordic Technology Group AS Days Inventory Related Terms

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Nordic Technology Group AS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nordic Technology Group AS (OSL:NTG) » Definitions » Days Inventory
Comparable Companies
OSL:ININ TSE:6861 GRMN OSTO:HEXA B KEYS FTV TDY TRMB COHR TSE:7701 BMI MKSI CGNX VNT ITRI SZSE:002414 NOVT ESE TPE:2360 ST
Traded in Other Exchanges
N/A
Address
Tollbugata 24, Oslo, NOR, 0157
Website
https://www.ntechgroup.no
Nordic Technology Group AS operates within the technology industry, focusing on accelerating and maximizing the value of disrupting technology innovations. The business of the company is divided into three technology segments namely, Sensor technology, Nanomaterials technology, and Clean technology.