GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Akastor ASA (OSL:AKAST) » Definitions » Total Inventories

Akastor ASA (OSL:AKAST) Total Inventories : kr0.0 Mil (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Akastor ASA Total Inventories?

Akastor ASA's total inventories for the quarter that ended in Mar. 2024 was kr0.0 Mil. Akastor ASA's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was kr2.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Akastor ASA's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was kr-7.98.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Akastor ASA's Days Inventory for the three months ended in Mar. 2024 was 38.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Akastor ASA's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.40.

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


Akastor ASA Total Inventories Historical Data

The historical data trend for Akastor ASA's Total Inventories 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.

Akastor ASA Total Inventories Chart

Akastor ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 528.00 485.00 5.00 5.00 5.00

Akastor ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Inventories 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 - - - 5.00 -

Akastor ASA Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Akastor ASA  (OSL:AKAST) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Akastor ASA's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(98+0.75 * 0+0.5 * 0-2269
-0-0)/272.186
=-7.98

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

Akastor ASA's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=2.5/6*365 / 4
=38.02

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

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

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=6 / 2.5
=2.40

4. 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.

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

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=2.5 / 642
=0.00

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Akastor ASA Total Inventories Related Terms

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


Akastor ASA (OSL:AKAST) Business Description

Traded in Other Exchanges
Address
Oksenoyveien 10, Building B, Lysaker, NOR, 1366
Akastor ASA is an oil-services investment company with a portfolio of industrial holdings, real estate, and other investments. Its portfolio includes drilling systems and lifecycle services supplier MHWirth, and vessel-based subsea well construction services. The company has a flexible mandate for active ownership and long-term value creation. Geographically the business presence of the group is seen across the region of Norway, Singapore, North America, South America, Australia, the Middle East, and other regions.

Akastor ASA (OSL:AKAST) Headlines

No Headlines