Aker BioMarine ASA (OSL:AKBM) Total Inventories : kr1,955 Mil (As of Mar. 2024)

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What is Aker BioMarine ASA Total Inventories?

Aker BioMarine ASA's total inventories for the quarter that ended in Mar. 2024 was kr1,955 Mil. Aker BioMarine ASA's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was kr1,946 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Aker BioMarine ASA's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was kr-34.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aker BioMarine ASA's Days Inventory for the three months ended in Mar. 2024 was 299.39.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aker BioMarine ASA's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.30.

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 BioMarine ASA's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.34.

Aker BioMarine ASA Total Inventories Historical Data

The historical data trend for Aker BioMarine 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.

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Aker BioMarine ASA Total Inventories Chart

Aker BioMarine ASA Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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854.80

997.48

1,241.19

1,942.43

1,937.93

Aker BioMarine ASA Quarterly Data
	Dec18	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															1,943.21	2,031.88	1,964.77	1,937.93	1,954.75

Aker BioMarine 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.

Aker BioMarine ASA (OSL:AKBM) 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.

Aker BioMarine 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)
=	(339.587	+	0.75 * 692.97	+	0.5 * 1954.749	-	4868.831
-	0	-	0)	/	87.6728
=	-34.58

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

Aker BioMarine 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
	=	1946.337	/	593.216	*	365 / 4
	=	299.39

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

Aker BioMarine 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 )
	=	593.216	/	1946.337
	=	0.30

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.

Aker BioMarine 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 )
	=	1946.337	/	830.927
	=	2.34

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.

Aker BioMarine ASA Total Inventories Related Terms

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Aker BioMarine ASA (OSL:AKBM) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Aker BioMarine ASA (OSL:AKBM) » Definitions » Total Inventories

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1PG:Germany

Address

Oksenoyveien 10, P.O. Box 496, Lysaker, NOR, NO-1327

Website

https://www.akerbiomarine.com

Aker BioMarine ASA is a supplier of krill-derived products, with a fully owned supply chain. The operations of the company span from harvesting krill in Antarctica with vessels owned by the company including distribution worldwide from Uruguay, and further processing of the krill into oil products in the United States. The segments of the company include 1) The Ingredients segment involves offshore harvesting and production, logistical operations, and onshore manufacturing and sales of krill-derived products. 2) The Brands segment focuses on human consumer goods, with Lang Pharma Nutrition (Lang) and Epion as its two main components. Lang produces and distributes private-label vitamins and supplements to retailers in the U.S. market and Epion is Aker BioMarine's consumer brand company.

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