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NORSF (Norsk Titanium AS) Inventory-to-Revenue : 1.76 (As of Dec. 2024)


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What is Norsk Titanium AS Inventory-to-Revenue?

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. Norsk Titanium AS's Average Total Inventories for the quarter that ended in Dec. 2024 was $5.67 Mil. Norsk Titanium AS's Revenue for the six months ended in Dec. 2024 was $3.22 Mil. Norsk Titanium AS's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.76.

Norsk Titanium AS's Inventory-to-Revenue for the quarter that ended in Dec. 2024 declined from Jun. 2024 (4.34) to Jun. 2024 (1.76)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Norsk Titanium AS's Days Inventory for the six months ended in Dec. 2024 was 267.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. Norsk Titanium AS's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.68.


Norsk Titanium AS Inventory-to-Revenue Historical Data

The historical data trend for Norsk Titanium AS's Inventory-to-Revenue 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.

Norsk Titanium AS Inventory-to-Revenue Chart

Norsk Titanium AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory-to-Revenue
Get a 7-Day Free Trial 12.66 3.90 5.20 2.53 1.36

Norsk Titanium AS Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.18 6.11 4.39 4.34 1.76

Competitive Comparison of Norsk Titanium AS's Inventory-to-Revenue

For the Aerospace & Defense subindustry, Norsk Titanium AS's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


Norsk Titanium AS's Inventory-to-Revenue Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Norsk Titanium AS's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Norsk Titanium AS's Inventory-to-Revenue falls into.


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Norsk Titanium AS Inventory-to-Revenue Calculation

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.

Norsk Titanium AS's Inventory-to-Revenue for the fiscal year that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (A: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )
=( (5.886 + 6.274) / 2 ) / 4.479
=6.08 / 4.479
=1.36

Norsk Titanium AS's Inventory-to-Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (Q: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Revenue (Q: Dec. 2024 )
=( (5.069 + 6.274) / 2 ) / 3.218
=5.6715 / 3.218
=1.76

* 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.


Norsk Titanium AS  (OTCPK:NORSF) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Norsk Titanium AS's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=5.6715/3.876*365 / 2
=267.04

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

Norsk Titanium AS's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=3.876 / 5.6715
=0.68

* 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.


Norsk Titanium AS Inventory-to-Revenue Related Terms

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Norsk Titanium AS Business Description

Traded in Other Exchanges
Address
Flyplassveien 20, Honefoss, NOR, 3514
Norsk Titanium AS is in metal 3D printing. The company uses its proprietary Rapid Plasma Deposition (RPD) technology for cost-efficient 3D printing of metal alloys. This technology enables the production of value-added parts that are suitable for a large market. The company's focus is on high-end structural applications that require the use of 3D-printed titanium parts, which offer substantial benefits compared to traditional materials and production methods. The company caters to high-complexity markets such as commercial aerospace and defense, which allows them to deliver value propositions and position itself for expansion into other markets. Geographically the company generates revenue from Norway, Europe, and the USA with the majority being generated from Norway.

Norsk Titanium AS Headlines

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