Shelf Drilling (OSL:SHLF) Change In Inventory : kr0 Mil (TTM As of Mar. 2024)

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What is Shelf Drilling Change In Inventory?

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

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

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

Shelf Drilling Change In Inventory Historical Data

The historical data trend for Shelf 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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Shelf Drilling Change In Inventory Chart

Shelf Drilling Annual Data

Trend

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Change In Inventory

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Shelf 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															-	-	-	-	-

Shelf 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.

Shelf Drilling (OSL:SHLF) Change In Inventory Explanation

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

Shelf 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	/	226.038	*	365 / 4
	=	0.00

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	226.038	/	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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	2702.902
	=	0.00

Shelf Drilling Change In Inventory Related Terms

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Shelf Drilling (OSL:SHLF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Shelf Drilling Ltd (OSL:SHLF) » Definitions » Change In Inventory

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Traded in Other Exchanges

SHLLF:USA SHLFo:Sweden SHLFo:UK 6SD:Germany

Address

One JLT, Jumeirah Lakes Towers, P.O. Box 212201, 12th Floor, Dubai, ARE

Website

https://www.shelfdrilling.com

Shelf Drilling Ltd operates as a shallow-water offshore drilling contractor. The company is engaged in the drilling and completion of exploratory and developmental offshore oil and natural gas wells. The business operates in a single segment being Contract services. Geographically, it derives a majority of revenue from Saudi Arabia and also has a presence in Thailand; Nigeria; United Arab Emirates; India and Other Countries.

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