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Aker Horizons ASA (Aker Horizons ASA) Days Inventory : 0.00 (As of Dec. 2023)


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What is Aker Horizons ASA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aker Horizons ASA's Average Total Inventories for the six months ended in Dec. 2023 was $88.0 Mil. Aker Horizons ASA's Cost of Goods Sold for the six months ended in Dec. 2023 was $0.0 Mil.

The historical rank and industry rank for Aker Horizons ASA's Days Inventory or its related term are showing as below:

AKHOF' s Days Inventory Range Over the Past 10 Years
Min: 77.99   Med: 83.22   Max: 171.93
Current: 77.99

During the past 5 years, Aker Horizons ASA's highest Days Inventory was 171.93. The lowest was 77.99. And the median was 83.22.

AKHOF's Days Inventory is ranked worse than
50.59% of 170 companies
in the Asset Management industry
Industry Median: 77.38 vs AKHOF: 77.99

Aker Horizons ASA's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Aker Horizons ASA's Inventory Turnover for the six months ended in Dec. 2023 was 0.00.

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. Aker Horizons ASA's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.47.


Aker Horizons ASA Days Inventory Historical Data

The historical data trend for Aker Horizons ASA'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.

Aker Horizons ASA Days Inventory Chart

Aker Horizons ASA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
- - 171.93 86.79 80.80

Aker Horizons ASA Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial - - - - -

Competitive Comparison of Aker Horizons ASA's Days Inventory

For the Asset Management subindustry, Aker Horizons ASA'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.


Aker Horizons ASA's Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Aker Horizons ASA's Days Inventory distribution charts can be found below:

* The bar in red indicates where Aker Horizons ASA's Days Inventory falls into.



Aker Horizons ASA Days Inventory Calculation

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

Aker Horizons ASA'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
=( (96.355 + 79.246) / 2 ) / 396.61*365
=87.8005 / 396.61*365
=80.80

Aker Horizons ASA's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (96.792 + 79.246) / 2 ) / 0*365 / 2
=88.019 / 0*365 / 2
=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.


Aker Horizons ASA  (OTCPK:AKHOF) 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.

Aker Horizons ASA's Inventory Turnover for the six months ended in Dec. 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.

Aker Horizons ASA's Inventory to Revenue for the six months ended in Dec. 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.


Aker Horizons ASA Days Inventory Related Terms

Thank you for viewing the detailed overview of Aker Horizons ASA's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Aker Horizons ASA (Aker Horizons ASA) Business Description

Traded in Other Exchanges
Address
Oksenoyveien 8, Lysaker, NOR, NO-1366
Aker Horizons ASA is an investment management company. It invests in and develops companies within renewable energy sectors and other technologies that make material contributions to reducing emissions or promoting sustainable living. The company's reportable segments are Aker Carbon Capture (ACC), Asset Development (AAD), Mainstream Renewable Power (Mainstream), Aker Horizons and holdings, and Others.