Moreld ASA (OSL:MORLD) Inventory Turnover: 17.23 (As of Mar. 2026)

What is Moreld ASA Inventory Turnover?

Moreld ASA OSL:MORLD -0.21% 11 Inventory Turnover is 17.23 as of Mar. 2026. GuruFocus rates OSL:MORLD with a GF Score™ of 11/100. The stock has 8 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Moreld ASA's Cost of Goods Sold for the three months ended in Mar. 2026 was kr860 Mil. Moreld ASA's Average Total Inventories for the quarter that ended in Mar. 2026 was kr50 Mil. Moreld ASA's Inventory Turnover for the quarter that ended in Mar. 2026 was 17.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Moreld ASA's Days Inventory for the three months ended in Mar. 2026 was 5.30.

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. Moreld ASA's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.04.

Moreld ASA (OSL:MORLD) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Moreld ASA's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2026 )	/	Cost of Goods Sold (Q: Mar. 2026 )	*	Days in Period
	=	49.9265	/	860.038	*	365 / 4
	=	5.30

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.

Moreld ASA's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2026 )	/	Revenue (Q: Mar. 2026 )
	=	49.9265	/	1378.73
	=	0.04

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Moreld ASA Inventory Turnover Related Terms

Moreld ASA Inventory Turnover Historical Data

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The historical data trend for Moreld ASA's Inventory Turnover can be seen below:

Moreld ASA Inventory Turnover Chart

Moreld ASA Annual Data

Trend

Dec23

Dec24

Dec25

Inventory Turnover

0.00

158.32

136.63

Moreld ASA Quarterly Data
	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Inventory Turnover	Get a 7-Day Free Trial					46.41	40.17	25.88	27.64	17.23

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Moreld ASA OSL:MORLD

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Moreld ASA Inventory Turnover Calculation

Moreld ASA's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

	Inventory Turnover (A: Dec. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2025 )	/ (	(Total Inventories (A: Dec. 2024 )	+	Total Inventories (A: Dec. 2025 ))	/	count )
=	6128.072	/ (	(39.863	+	49.842)	/	2 )
=	6128.072	/	44.8525
=	136.63

Moreld ASA's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

	Inventory Turnover (Q: Mar. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2026 )	/ (	(Total Inventories (Q: Dec. 2025 )	+	Total Inventories (Q: Mar. 2026 ))	/	count )
=	860.038	/ (	(49.842	+	50.011)	/	2 )
=	860.038	/	49.9265
=	17.23

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 17.23 mean?

Moreld ASA (OSL:MORLD) has a Inventory Turnover of 17.23 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Moreld ASA and its competitors.

Is Moreld ASA's Inventory Turnover too high?

Moreld ASA's current Inventory Turnover is 17.23. Overall, Moreld ASA has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.

How does Moreld ASA's Inventory Turnover compare to SLB and BKR?

Moreld ASA's Inventory Turnover of 17.23 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Inventory Turnover for an Oil & Gas company?

A good Inventory Turnover depends on the Oil & Gas industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Moreld ASA and its competitors. Moreld ASA's current Inventory Turnover is 17.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Moreld ASA stock overvalued right now?

Moreld ASA (OSL:MORLD) has a current Inventory Turnover of 17.23. The current Inventory Turnover is 17.23. Moreld ASA's overall GF Score™ is 11/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Moreld ASA (OSL:MORLD), the current Inventory Turnover is 17.23 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Moreld ASA Business Description

Industry Energy Oil & Gas

Comparable Companies OSL:AKAST OSL:SEA1 OSL:NORAM OSL:REACH OSL:PRS OSL:EIOF OSL:JACK OSL:ENH OSL:SDSD OSL:PSE SLB BKR MIL:TEN HAL FTI SZSE:002353 OSL:SUBC MIL:SPM XPAR:GTT KGS

Other Exchanges C28:Germany

Address Moseidsletta 122, Stavanger, NOR, 4033

Website https://www.moreld.com

Moreld ASA is providing a range of offshore services and integrated solutions for the energy, marine, and industrial sectors, driving growth and innovation. The group operates through three main segments: Ocean Installer, Moreld Apply, and Global Maritime. It derives maximum revenue from Moreld Apply segment, which focuses on offshore and onshore maintenance and modification projects, delivering services from concept development through to project completion. Geographically, the group operates in Norway, Africa, Europe (excluding Norway), Asia and Australia, incl. Middle East, Americas, and Other Countries. It generates majority of its revenue from Norway.

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