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


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What is Aker ASA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aker ASA's Average Total Inventories for the six months ended in Dec. 2023 was kr5,177 Mil. Aker ASA's Cost of Goods Sold for the six months ended in Dec. 2023 was kr0 Mil.

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

CHIX:AKERo' s Days Inventory Range Over the Past 10 Years
Min: 33.96   Med: 89.72   Max: 575.62
Current: 106.09

During the past 13 years, Aker ASA's highest Days Inventory was 575.62. The lowest was 33.96. And the median was 89.72.

CHIX:AKERo's Days Inventory is ranked worse than
66.29% of 448 companies
in the Conglomerates industry
Industry Median: 73.405 vs CHIX:AKERo: 106.09

Aker 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 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 ASA's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.74.


Aker ASA Days Inventory Historical Data

The historical data trend for Aker 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 ASA Days Inventory Chart

Aker ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 492.48 575.62 186.13 125.30 106.09

Aker ASA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Aker ASA's Days Inventory

For the Conglomerates subindustry, Aker 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 ASA's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Aker ASA's Days Inventory distribution charts can be found below:

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



Aker ASA Days Inventory Calculation

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

Aker 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
=( (2845 + 2710) / 2 ) / 9556*365
=2777.5 / 9556*365
=106.09

Aker 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
=( (7644 + 2710) / 2 ) / 0*365 / 2
=5177 / 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 ASA  (CHIX:AKERo) 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 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 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 ASA Days Inventory Related Terms

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


Aker ASA (CHIX:AKERO) Business Description

Address
Oksenoyveien 10, Lysaker, Oslo, NOR, 1366
Aker ASA is an industrial investment company that develops businesses and exercises active ownership to create value for its shareholders and society at large. The portfolio has focused on companies in oil and gas, maritime assets, seafood/marine biotechnology, and real estate sectors. Investments are broken down into two portfolios; Industrial holdings are strategic assets and are managed with a long-term perspective. It comprises Aker's ownership interests in Aker BP, Aker Energy, Aker Solutions, Aker Horizons, Aker BioMarine, SalMar Aker Ocean, Cognite, and Aize, and Financial investments comprise cash, other assets, and the listed companies Akastor, AMSC, Philly Shipyard, and Solstad Offshore, in addition to ICP and Aker Property Group.

Aker ASA (CHIX:AKERO) Headlines

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