NNRRF (NRC Group ASA) Total Inventories : $2.8 Mil (As of Sep. 2024)

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What is NRC Group ASA Total Inventories?

NRC Group ASA's total inventories for the quarter that ended in Sep. 2024 was $2.8 Mil. NRC Group ASA's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $3.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. NRC Group ASA's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-1.97.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NRC Group ASA's Days Inventory for the three months ended in Sep. 2024 was 59.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. NRC Group ASA's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.52.

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. NRC Group ASA's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.01.

NRC Group ASA Total Inventories Historical Data

The historical data trend for NRC Group ASA's Total Inventories 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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NRC Group ASA Total Inventories Chart

NRC Group ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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15.18

3.79

3.12

2.94

3.32

NRC Group ASA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Inventories	Get a 7-Day Free Trial															3.64	3.32	3.68	3.11	2.82

NRC Group ASA Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

NRC Group ASA (OTCPK:NNRRF) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

NRC Group ASA's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

	Net-Net Working Capital Per Share (Q: Sep. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.753	+	0.75 * 184.701	+	0.5 * 2.824	-	283.923
-	0	-	0)	/	72.8586
=	-1.97

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

NRC Group ASA's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	2.9665	/	4.519	*	365 / 4
	=	59.90

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

NRC Group ASA's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2024 )	/	Average Total Inventories (Q: Sep. 2024 )
	=	4.519	/	2.9665
	=	1.52

4. 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.

NRC Group ASA's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	2.9665	/	197.974
	=	0.01

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

NRC Group ASA Total Inventories Related Terms

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NRC Group ASA Business Description

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NRCo:Sweden NRC:Norway 0DSJ:UK

Address

Lysaker Torg 25, Lysaker, NOR, 1366

Website

https://www.nrcgroup.com

NRC Group ASA is a contractor of rail infrastructure. It offers delivers the complete value chain and in-house capabilities for the prioritized markets of rail construction, civil construction, rail maintenance, and environmental services Its services include groundworks, concrete works, fiber, and environmental services such as water and wastewater, demolition, recycling, and bulk transport. It has three operating segments based on its geography Norway, Sweden, and Finland, each segment consists of three operating divisions Norway Operates in Rail construction, Civil construction, and Environment, Sweden operates in Rail construction, Rail maintenance, and Civil Construction and Finland Rail construction, Rail maintenance, and Materials.