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Norse Energy ASA (OSL:NEC) Inventory-to-Revenue : 0.00 (As of Sep. 2013)


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What is Norse Energy ASA 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. Norse Energy ASA's Average Total Inventories for the quarter that ended in Sep. 2013 was kr0.00 Mil. Norse Energy ASA's Revenue for the three months ended in Sep. 2013 was kr0.12 Mil. Norse Energy ASA's Inventory-to-Revenue for the quarter that ended in Sep. 2013 was 0.00.

Norse Energy ASA's Inventory-to-Revenue for the quarter that ended in Sep. 2013 stayed the same from Jun. 2013 (0.00) to Jun. 2013 (0.00)

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Norse Energy ASA's Days Inventory for the three months ended in Sep. 2013 was 0.00.

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


Norse Energy ASA Inventory-to-Revenue Historical Data

The historical data trend for Norse Energy ASA'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.

Norse Energy ASA Inventory-to-Revenue Chart

Norse Energy ASA Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Inventory-to-Revenue
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Norse Energy ASA Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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Competitive Comparison of Norse Energy ASA's Inventory-to-Revenue

For the Oil & Gas E&P subindustry, Norse Energy ASA'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.


Norse Energy ASA's Inventory-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Norse Energy ASA's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Norse Energy ASA's Inventory-to-Revenue falls into.



Norse Energy ASA 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.

Norse Energy ASA's Inventory-to-Revenue for the fiscal year that ended in Dec. 2012 is calculated as

Inventory-to-Revenue (A: Dec. 2012 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2011 ) + Total Inventories (A: Dec. 2012 )) / count ) / Revenue (A: Dec. 2012 )
=( (0 + 0) / 1 ) / 1.969
=0 / 1.969
=0.00

Norse Energy ASA's Inventory-to-Revenue for the quarter that ended in Sep. 2013 is calculated as

Inventory-to-Revenue (Q: Sep. 2013 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2013 ) + Total Inventories (Q: Sep. 2013 )) / count ) / Revenue (Q: Sep. 2013 )
=( (0 + 0) / 1 ) / 0.119
=0 / 0.119
=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.


Norse Energy ASA  (OSL:NEC) 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.

Norse Energy ASA's Days Inventory for the three months ended in Sep. 2013 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2013 )/Cost of Goods Sold (Q: Sep. 2013 )*Days in Period
=0/0.071*365 / 4
=0.00

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

Norse Energy ASA's Inventory Turnover for the quarter that ended in Sep. 2013 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2013 ) / Average Total Inventories (Q: Sep. 2013 )
=0.071 / 0
=

* 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.


Norse Energy ASA Inventory-to-Revenue Related Terms

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Norse Energy ASA (OSL:NEC) Business Description

Traded in Other Exchanges
N/A
Address
Munkedamsveien 35, 3rd floor, P.O. Box 1903, Oslo, NOR, 0250
Norse Energy Corp ASA and its subsidiaries are engaged in the acquisition, exploration and development of oil and natural gas properties in the US.

Norse Energy ASA (OSL:NEC) Headlines

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