Odfjell Drilling (LTS:0QHX) Change In Inventory : kr0 Mil (TTM As of Mar. 2024)

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What is Odfjell Drilling Change In Inventory?

Odfjell Drilling's change in inventory for the quarter that ended in Mar. 2024 was kr0 Mil. It means Odfjell Drilling's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Odfjell Drilling's change in inventory for the fiscal year that ended in Dec. 2023 was kr0 Mil. It means Odfjell Drilling's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Odfjell Drilling's Total Inventories for the quarter that ended in Mar. 2024 was kr0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Odfjell Drilling's Days Inventory for the quarter that ended in Mar. 2024 was 0.00.

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

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. Odfjell Drilling's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Odfjell Drilling Change In Inventory Historical Data

The historical data trend for Odfjell Drilling's Change In 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.

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Odfjell Drilling Change In Inventory Chart

Odfjell Drilling Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-2.80

-1.48

-4.49

-3.95

Odfjell Drilling Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Odfjell Drilling Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr0 Mil.

Odfjell Drilling (LTS:0QHX) Change In Inventory Explanation

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

Odfjell Drilling's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	510.442	*	365 / 4
	=	0.00

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

Odfjell Drilling's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	510.442	/	0
	=	N/A

3. 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.

Odfjell Drilling's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	1293.615
	=	0.00

Odfjell Drilling Change In Inventory Related Terms

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Odfjell Drilling (LTS:0QHX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Odfjell Drilling Ltd (LTS:0QHX) » Definitions » Change In Inventory

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Traded in Other Exchanges

ODFJF:USA ODLO:Sweden ODL:Norway OD3:Germany

Address

Crawpeel Road, Bergen House, Altens, Aberdeen, GBR, AB12 3LG

Website

https://www.odfjelldrilling.com

Odfjell Drilling Ltd is an integrated offshore drilling and oil service company. The company and its subsidiaries operates mobile offshore drilling units. It operates in the segments Own Fleet, External Fleet and Corporate / other. The Own Fleet segment operates mobile offshore drilling units owned by Odfjell Drilling. The External Fleet segment offers management services to other owners of drilling units; mainly operational management, management of regulatory requirements, marketing, contract negotiations and client relations, preparations for operation and mobilisation. Majority of revenue is generated from Own Fleet segment. Geographically, It operates in Norway.

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