M Vest Water AS (OSL:MVW) Change In Inventory : kr0.38 Mil (TTM As of Mar. 2024)

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What is M Vest Water AS Change In Inventory?

M Vest Water AS's change in inventory for the quarter that ended in Mar. 2024 was kr0.02 Mil. It means M Vest Water AS's inventory declined by kr0.02 Mil from Dec. 2023 to Mar. 2024 .

M Vest Water AS's change in inventory for the fiscal year that ended in Dec. 2023 was kr0.51 Mil. It means M Vest Water AS's inventory declined by kr0.51 Mil from Dec. 2022 to Dec. 2023 .

M Vest Water AS's Total Inventories for the quarter that ended in Mar. 2024 was kr0.73 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. M Vest Water AS's Days Inventory for the quarter that ended in Mar. 2024 was 61.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. M Vest Water AS's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.49.

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. M Vest Water AS's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.27.

M Vest Water AS Change In Inventory Historical Data

The historical data trend for M Vest Water AS'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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M Vest Water AS Change In Inventory Chart

M Vest Water AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.11

-0.32

-0.72

0.51

M Vest Water AS Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial											0.15	-0.04	-	0.41	0.02

M Vest Water AS 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 kr0.38 Mil.

M Vest Water AS (OSL:MVW) Change In Inventory Explanation

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

M Vest Water AS's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.733	/	1.089	*	365 / 4
	=	61.42

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

M Vest Water AS's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.089	/	0.733
	=	1.49

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.

M Vest Water AS's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.733	/	2.683
	=	0.27

M Vest Water AS Change In Inventory Related Terms

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M Vest Water AS (OSL:MVW) Business Description

Industry

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Address

Espehaugen 54, Blomsterdalen, Bergen, NOR, 5258

Website

https://www.mvestwater.com

M Vest Water AS is an environmental technology company that has developed unique products and solutions for the water treatment industry, both in Industrial as well as Municipal markets. It is engaged in providing products and equipment utilized for the treatment and purification of water and wastewater. The company focuses on the oil and gas industry, although the available technology can be applied for cleaning water across various industries. The product portfolio of the company comprises of NorwaFloc, NORWAPOL, and AFM.

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