Aalborg Boldspilklub A/S (OCSE:AAB) Change In Inventory : kr1.15 Mil (TTM As of Dec. 2023)

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What is Aalborg Boldspilklub A/S Change In Inventory?

Aalborg Boldspilklub A/S's change in inventory for the quarter that ended in Dec. 2023 was kr2.18 Mil. It means Aalborg Boldspilklub A/S's inventory declined by kr2.18 Mil from Jun. 2023 to Dec. 2023 .

Aalborg Boldspilklub A/S's change in inventory for the fiscal year that ended in Dec. 2023 was kr1.15 Mil. It means Aalborg Boldspilklub A/S's inventory declined by kr1.15 Mil from Dec. 2022 to Dec. 2023 .

Aalborg Boldspilklub A/S's Total Inventories for the quarter that ended in Dec. 2023 was kr2.09 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aalborg Boldspilklub A/S's Days Inventory for the quarter that ended in Dec. 2023 was 55.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aalborg Boldspilklub A/S's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.27.

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. Aalborg Boldspilklub A/S's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.10.

Aalborg Boldspilklub A/S Change In Inventory Historical Data

The historical data trend for Aalborg Boldspilklub A/S'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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Aalborg Boldspilklub A/S Change In Inventory Chart

Aalborg Boldspilklub A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.10

0.20

-1.51

-1.12

1.15

Aalborg Boldspilklub A/S Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-0.75	-1.72	0.60	-1.03	2.18

Aalborg Boldspilklub A/S 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was kr1.15 Mil.

Aalborg Boldspilklub A/S (OCSE:AAB) Change In Inventory Explanation

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

Aalborg Boldspilklub A/S's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	3.1765	/	10.395	*	365 / 2
	=	55.77

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

Aalborg Boldspilklub A/S's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	10.395	/	3.1765
	=	3.27

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.

Aalborg Boldspilklub A/S's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.1765	/	33.151
	=	0.10

Aalborg Boldspilklub A/S Change In Inventory Related Terms

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Aalborg Boldspilklub A/S (OCSE:AAB) Business Description

Industry

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Address

Hornevej 2, Aalborg East, DNK, 9220

Website

http://www.aabsport.dk

Aalborg Boldspilklub A/S is a Denamrk based firm which is engaged in entertainment and sports activities, Its operations includes organisation and operation of sports such as football, ice hockey, rental of function rooms and lounges for conferences & leases out facilities as sports hotels.

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