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Leroy Seafood Group ASA (OSL:LSG) Total Inventories : kr11,203 Mil (As of Mar. 2024)


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What is Leroy Seafood Group ASA Total Inventories?

Leroy Seafood Group ASA's total inventories for the quarter that ended in Mar. 2024 was kr11,203 Mil. Leroy Seafood Group ASA's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was kr11,013 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Leroy Seafood Group ASA's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was kr-16.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Leroy Seafood Group ASA's Days Inventory for the three months ended in Mar. 2024 was 274.38.

Inventory Turnover measures how fast the company turns over its inventory within a year. Leroy Seafood Group ASA's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.33.

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. Leroy Seafood Group ASA's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.55.


Leroy Seafood Group ASA Total Inventories Historical Data

The historical data trend for Leroy Seafood 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.

* Premium members only.

Leroy Seafood Group ASA Total Inventories Chart

Leroy Seafood Group ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,606.08 6,008.08 7,211.78 9,925.49 10,822.66

Leroy Seafood Group ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10,877.81 11,072.57 10,684.40 10,822.66 11,203.15

Leroy Seafood 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.


Leroy Seafood Group ASA  (OSL:LSG) 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.

Leroy Seafood Group ASA's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4293.358+0.75 * 2790.604+0.5 * 11203.151-20513.611
-0-1260.084)/595.476
=-16.43

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

Leroy Seafood Group ASA's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=11012.904/3662.508*365 / 4
=274.38

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

Leroy Seafood Group ASA's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=3662.508 / 11012.904
=0.33

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.

Leroy Seafood Group ASA's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=11012.904 / 7109.822
=1.55

* 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.


Leroy Seafood Group ASA Total Inventories Related Terms

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Leroy Seafood Group ASA (OSL:LSG) Business Description

Traded in Other Exchanges
Address
Thormohlens gate 51 B, P.O.Box 7600, Bergen, NOR, NO - 5006
Leroy Seafood Group ASA is a seafood producer, originally from Norway. The company's core activities are global distribution, sale, and marketing of seafood, processed seafood, salmon, fjord trout, cod, saithe, mackerel, herring, sushi, shellfish, and other species. Leroy Seafood Group serves hotels, restaurants, and retail segments with fresh, frozen, smoked, and marinated seafood products. Its main brands are Aurora Salmon, Artic Supreme, Fossen Fjord Fish, Leroj Fjord Trout, Leroy Sushi, and Leroy King Crab.

Leroy Seafood Group ASA (OSL:LSG) Headlines

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