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Arctic Fish Holding AS (OSL:AFISH) Days Inventory : 0.00 (As of Jun. 2023)


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What is Arctic Fish Holding AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Arctic Fish Holding AS's Average Total Inventories for the three months ended in Jun. 2023 was kr759.6 Mil. Arctic Fish Holding AS's Cost of Goods Sold for the three months ended in Jun. 2023 was kr-92.9 Mil.

The historical rank and industry rank for Arctic Fish Holding AS's Days Inventory or its related term are showing as below:

OSL:AFISH' s Days Inventory Range Over the Past 10 Years
Min: 428.1   Med: 632.77   Max: 24642.06
Current: 24642.06

During the past 6 years, Arctic Fish Holding AS's highest Days Inventory was 24642.06. The lowest was 428.10. And the median was 632.77.

OSL:AFISH's Days Inventory is ranked worse than
100% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 82.035 vs OSL:AFISH: 24642.06

Arctic Fish Holding AS's Days Inventory declined from Mar. 2022 (269.72) to Jun. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Arctic Fish Holding AS's Inventory Turnover for the three months ended in Jun. 2023 was -0.12.

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. Arctic Fish Holding AS's Inventory-to-Revenue for the three months ended in Jun. 2023 was 33.39.


Arctic Fish Holding AS Days Inventory Historical Data

The historical data trend for Arctic Fish Holding AS's Days Inventory 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.

Arctic Fish Holding AS Days Inventory Chart

Arctic Fish Holding AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 428.10 672.65 592.88 1,149.42 519.30

Arctic Fish Holding AS Quarterly Data
Dec18 Sep19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23
Days Inventory 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 - 1,152.98 886.04 - -

Competitive Comparison of Arctic Fish Holding AS's Days Inventory

For the Farm Products subindustry, Arctic Fish Holding AS's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Arctic Fish Holding AS's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Arctic Fish Holding AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Arctic Fish Holding AS's Days Inventory falls into.



Arctic Fish Holding AS Days Inventory Calculation

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

Arctic Fish Holding AS's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (749.893 + 785.453) / 2 ) / 539.572*365
=767.673 / 539.572*365
=519.30

Arctic Fish Holding AS's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (749.893 + 769.328) / 2 ) / -92.863*365 / 4
=759.6105 / -92.863*365 / 4
=N/A

* 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.


Arctic Fish Holding AS  (OSL:AFISH) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Arctic Fish Holding AS's Inventory Turnover for the three months ended in Jun. 2023 is calculated as

2. 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.

Arctic Fish Holding AS's Inventory to Revenue for the three months ended in Jun. 2023 is calculated as

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Arctic Fish Holding AS Days Inventory Related Terms

Thank you for viewing the detailed overview of Arctic Fish Holding AS's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Arctic Fish Holding AS (OSL:AFISH) Business Description

Traded in Other Exchanges
Address
Sindragata 10, Isafjordur, ISL, 400
Arctic Fish Holding AS is a fish farming company. It is engaged in farming and marketing Atlantic salmon. The fish farming business includes smolt production, salmon farming, harvesting activities, and sales of harvested fish.

Arctic Fish Holding AS (OSL:AFISH) Headlines

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