MPC Container Ships ASA (OSTO:MPCCO) Inventory Turnover : 8.12 (As of Dec. 2024)

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What is MPC Container Ships ASA Inventory Turnover?

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. MPC Container Ships ASA's Cost of Goods Sold for the three months ended in Dec. 2024 was kr609 Mil. MPC Container Ships ASA's Average Total Inventories for the quarter that ended in Dec. 2024 was kr75 Mil. MPC Container Ships ASA's Inventory Turnover for the quarter that ended in Dec. 2024 was 8.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MPC Container Ships ASA's Days Inventory for the three months ended in Dec. 2024 was 11.23.

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. MPC Container Ships ASA's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.05.

MPC Container Ships ASA Inventory Turnover Historical Data

The historical data trend for MPC Container Ships ASA's Inventory Turnover 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.

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MPC Container Ships ASA Inventory Turnover Chart

MPC Container Ships ASA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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36.43

38.26

33.56

27.56

26.92

MPC Container Ships ASA Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															6.75	6.42	7.33	7.52	8.12

MPC Container Ships ASA Inventory Turnover Calculation

MPC Container Ships ASA's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	2236.652	/ (	(85.324	+	80.854)	/	2 )
=	2236.652	/	83.089
=	26.92

MPC Container Ships ASA's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	609.29	/ (	(69.174	+	80.854)	/	2 )
=	609.29	/	75.014
=	8.12

MPC Container Ships ASA (OSTO:MPCCo) 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.

MPC Container Ships ASA's Days Inventory for the three 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
	=	75.014	/	609.29	*	365 / 4
	=	11.23

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.

MPC Container Ships ASA's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	75.014	/	1458.237
	=	0.05

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.

MPC Container Ships ASA Inventory Turnover Related Terms

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MPC Container Ships ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » MPC Container Ships ASA (OSTO:MPCCo) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

MPZZF:USA MPCC:Norway MPCCo:UK 0A27:UK MP2:Germany

Address

Ruselokkveien 34, Oslo, NOR, N-0251

Website

https://www.mpc-container.com

MPC Container Ships ASA is a Norway based company that engages in the investment in and operation of shipping assets. The group's principal business activity is to invest in and operate maritime assets in the container shipping segment. It owns and operates container shops and feeder vessels that are chartered out to liner shipping companies and regional carriers. The group has one reporting segment, i.e., the container shipping segment.

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