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Beerenberg AS (OSL:BBERG) Total Inventories : kr89 Mil (As of Dec. 2023)


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What is Beerenberg AS Total Inventories?

Beerenberg AS's total inventories for the quarter that ended in Dec. 2023 was kr89 Mil. Beerenberg AS's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was kr97 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Beerenberg AS's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was kr-24.44.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Beerenberg AS's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.00.

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. Beerenberg AS's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.08.


Beerenberg AS Total Inventories Historical Data

The historical data trend for Beerenberg AS'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.

* Premium members only.

Beerenberg AS Total Inventories Chart

Beerenberg AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Inventories
66.25 77.79 93.89 89.12

Beerenberg AS Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Total Inventories Get a 7-Day Free Trial 77.79 - 93.89 105.50 89.12

Beerenberg AS 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.


Beerenberg AS  (OSL:BBERG) 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.

Beerenberg AS's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(164.702+0.75 * 283.862+0.5 * 89.121-1022.69
-0-0)/24.57
=-24.44

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

Beerenberg AS's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=97.3105/0*365 / 2
=

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

Beerenberg AS's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=0 / 97.3105
=0.00

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.

Beerenberg AS's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=97.3105 / 1193.043
=0.08

* 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

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.


Beerenberg AS Total Inventories Related Terms

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Beerenberg AS (OSL:BBERG) Business Description

Traded in Other Exchanges
Address
Kokstaddalen 33, P.O.Box 273, Slåtthaug, Bergen, NOR, N-5851
Beerenberg AS is a company engaged in contract work, production, industrial maintenance, trading, agency and commission work, and to take interests in other enterprises engaged in similar activities. Its Business activities include innovative service solutions for the oil and gas industry, covering the entire life cycle from field studies and newbuilds to maintenance, modifications, and lifetime extensions. The business area Services include Beerenberg´s core ISS disciplines Insulation, Scaffolding and Surface treatment, as well as passive fire protection, technical cleaning, rope access techniques, robotic surface treatment, architectural outfitting services.

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