Airthings ASA (OSL:AIRX) Total Inventories : kr117.6 Mil (As of Dec. 2024)

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What is Airthings ASA Total Inventories?

Airthings ASA's total inventories for the quarter that ended in Dec. 2024 was kr117.6 Mil. Airthings ASA's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was kr132.3 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Airthings ASA's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was kr0.44.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Airthings ASA's Days Inventory for the three months ended in Dec. 2024 was 189.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. Airthings ASA's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.48.

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. Airthings ASA's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.15.

Airthings ASA Total Inventories Historical Data

The historical data trend for Airthings 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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Airthings ASA Total Inventories Chart

Airthings ASA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Inventories

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40.87

102.65

184.89

161.62

117.60

Airthings ASA Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Inventories	Get a 7-Day Free Trial															161.62	150.21	149.13	146.95	117.60

Airthings 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.

Airthings ASA (OSL:AIRX) 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.

Airthings ASA's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

	Net-Net Working Capital Per Share (Q: Dec. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(99.121	+	0.75 * 120.799	+	0.5 * 117.601	-	162.079
-	0	-	0)	/	197.758
=	0.44

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

Airthings 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
	=	132.277	/	63.699	*	365 / 4
	=	189.49

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

Airthings ASA'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 )
	=	63.699	/	132.277
	=	0.48

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.

Airthings 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 )
	=	132.277	/	115.447
	=	1.15

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.

Airthings ASA Total Inventories Related Terms

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Airthings ASA Business Description

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Address

Wergelandsveien 7, Oslo, NOR, 0167

Website

https://www.airthings.com

Airthings ASA is a hardware-enabled software company that develops products and systems for monitoring indoor air quality, radon, and energy efficiency. The company's solutions resolve issues related to air quality and air containment and enable a reduced CO2 footprint by optimizing energy consumption for buildings. It is engaged in three business segments which include Airthings for Consumer (Consumer), Airthings for Business (AfB), and Airthings for Professionals (Pro). The majority of the revenue comes from the Airthings for Consumer segment, which offers air quality monitors and air purifiers with software solutions to enable consumers to create and maintain a healthy home environment.

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