StrongPoint ASA (OSL:STRO) Total Inventories : kr225 Mil (As of Mar. 2024)

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What is StrongPoint ASA Total Inventories?

StrongPoint ASA's total inventories for the quarter that ended in Mar. 2024 was kr225 Mil. StrongPoint ASA's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was kr228 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. StrongPoint ASA's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was kr-5.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. StrongPoint ASA's Days Inventory for the three months ended in Mar. 2024 was 90.67.

Inventory Turnover measures how fast the company turns over its inventory within a year. StrongPoint ASA's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.01.

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. StrongPoint ASA's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.63.

StrongPoint ASA Total Inventories Historical Data

The historical data trend for StrongPoint 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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StrongPoint ASA Total Inventories Chart

StrongPoint ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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138.37

144.97

211.26

232.12

230.42

StrongPoint 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															218.17	247.77	245.36	230.42	224.97

StrongPoint 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.

StrongPoint ASA (OSL:STRO) 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.

StrongPoint 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)
=	(27.751	+	0.75 * 243.961	+	0.5 * 224.968	-	548.841
-	0	-	-2.969)	/	44.5541
=	-5.00

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

StrongPoint 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
	=	227.696	/	229.148	*	365 / 4
	=	90.67

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

StrongPoint 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 )
	=	229.148	/	227.696
	=	1.01

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.

StrongPoint 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 )
	=	227.696	/	358.958
	=	0.63

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.

StrongPoint ASA Total Inventories Related Terms

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StrongPoint ASA (OSL:STRO) Business Description

Industry

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Traded in Other Exchanges

PSIo:Sweden PGT:Germany

Address

Slynga 10, Raelingen, NOR, 2005

Website

https://www.strongpoint.com

StrongPoint ASA is a retail technology company that provides solutions to make shops smarter, shopping experiences better and online grocery shopping more efficient. With over 500 employees in Norway, Sweden, the Baltics and Spain and together with a wide partner network, StrongPoint supports businesses in more than 20 countries. It provides in-store cash management and payment solutions, electronic shelf labels, self-checkouts, task and labor management software, click & collect temperature-controlled grocery lockers, in-store and drive-thru grocery pickup solutions and grocery order picking solutions.