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Aker Solutions ASA (Aker Solutions ASA) Inventory-to-Revenue : 0.02 (As of Dec. 2023)


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What is Aker Solutions ASA Inventory-to-Revenue?

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 Solutions ASA's Average Total Inventories for the quarter that ended in Dec. 2023 was $18 Mil. Aker Solutions ASA's Revenue for the six months ended in Dec. 2023 was $969 Mil. Aker Solutions ASA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

Aker Solutions ASA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.01) to Jun. 2023 (0.02)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aker Solutions ASA's Days Inventory for the six months ended in Dec. 2023 was 1.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aker Solutions ASA's Inventory Turnover for the quarter that ended in Dec. 2023 was 107.27.


Aker Solutions ASA Inventory-to-Revenue Historical Data

The historical data trend for Aker Solutions ASA's Inventory-to-Revenue 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 Solutions ASA Inventory-to-Revenue Chart

Aker Solutions ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

Aker Solutions ASA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue 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 0.02 0.02 0.03 0.01 0.02

Competitive Comparison of Aker Solutions ASA's Inventory-to-Revenue

For the Oil & Gas Equipment & Services subindustry, Aker Solutions ASA's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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 Solutions ASA's Inventory-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Aker Solutions ASA's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Aker Solutions ASA's Inventory-to-Revenue falls into.



Aker Solutions ASA Inventory-to-Revenue Calculation

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 Solutions ASA's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (27.834 + 4.171) / 2 ) / 3401.236
=16.0025 / 3401.236
=0.00

Aker Solutions ASA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (32.696 + 4.171) / 2 ) / 968.965
=18.4335 / 968.965
=0.02

* 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 Solutions ASA  (OTCPK:AKRTF) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Aker Solutions ASA's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=18.4335/1977.364*365 / 2
=1.70

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

Aker Solutions ASA's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=1977.364 / 18.4335
=107.27

* 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 Solutions ASA Inventory-to-Revenue Related Terms

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Aker Solutions ASA (Aker Solutions ASA) Business Description

Address
Oksenoyveien 8, Lysaker, Fornebu, NOR, 1366
Aker Solutions ASA delivers integrated solutions, products, and services to the global energy industry. The company offers low-carbon oil and gas solutions and develops renewable solutions. Aker Solutions serves customers worldwide. Its reporting segments include Renewables and Field Development segment, the Electrification, Maintenance and Modifications (EMM) segment, Subsea segment, and Other.

Aker Solutions ASA (Aker Solutions ASA) Headlines