GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nordic Aqua Partners AS (OSL:NOAP) » Definitions » Total Inventories

Nordic Aqua Partners AS (OSL:NOAP) Total Inventories : kr199.31 Mil (As of Dec. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Nordic Aqua Partners AS Total Inventories?

Nordic Aqua Partners AS's total inventories for the quarter that ended in Dec. 2024 was kr199.31 Mil. Nordic Aqua Partners AS's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was kr180.66 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Nordic Aqua Partners AS's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was kr-24.82.

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. Nordic Aqua Partners AS's Inventory Turnover for the quarter that ended in Dec. 2024 was -0.07.

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. Nordic Aqua Partners AS's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 9.81.


Nordic Aqua Partners AS Total Inventories Historical Data

The historical data trend for Nordic Aqua Partners 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.

Nordic Aqua Partners AS Total Inventories Chart

Nordic Aqua Partners AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial - - 7.60 110.84 199.31

Nordic Aqua Partners AS Quarterly Data
Dec18 Dec19 Jun20 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 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 110.84 192.84 197.79 162.00 199.31

Nordic Aqua Partners 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.


Nordic Aqua Partners AS  (OSL:NOAP) 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.

Nordic Aqua Partners AS'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)
=(212.001+0.75 * 1.997+0.5 * 199.312-839.662
-0-0)/21.214
=-24.82

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

Nordic Aqua Partners AS'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
=180.6575/-13.429*365 / 4
=

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

Nordic Aqua Partners AS'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 )
=-13.429 / 180.6575
=-0.07

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.

Nordic Aqua Partners AS'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 )
=180.6575 / 18.423
=9.81

* 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.


Nordic Aqua Partners AS Total Inventories Related Terms

Thank you for viewing the detailed overview of Nordic Aqua Partners AS's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Nordic Aqua Partners AS Business Description

Traded in Other Exchanges
Address
C. J. Hambros plass 2c, Oslo, NOR, 0164
Nordic Aqua Partners AS operates in the seafood industry. The company is a land-based Atlantic Salmon farming company, using technology and expertise to set up the first fully integrated and commercially scaled Recirculating Aquaculture System ("RAS") farm for Atlantic Salmon in China. The company's strategy is to deliver fresh and locally farmed Atlantic Salmon to about 100 million of China's wealthiest consumers within 5 hours.

Nordic Aqua Partners AS Headlines

No Headlines