Arribatec Group ASA (CHIX:ARRO) Change In Inventory : kr0.0 Mil (TTM As of Mar. 2024)

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What is Arribatec Group ASA Change In Inventory?

Arribatec Group ASA's change in inventory for the quarter that ended in Mar. 2024 was kr0.0 Mil. It means Arribatec Group ASA's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Arribatec Group ASA's change in inventory for the fiscal year that ended in Dec. 2023 was kr0.0 Mil. It means Arribatec Group ASA's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Arribatec Group ASA's Total Inventories for the quarter that ended in Mar. 2024 was kr1.4 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Arribatec Group ASA's Days Inventory for the quarter that ended in Mar. 2024 was 3.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. Arribatec Group ASA's Inventory Turnover for the quarter that ended in Mar. 2024 was 23.36.

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. Arribatec Group ASA's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.01.

Arribatec Group ASA Change In Inventory Historical Data

The historical data trend for Arribatec Group ASA's Change In Inventory can be seen below:

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Arribatec Group ASA Change In Inventory Chart

Arribatec Group ASA Annual Data

Trend

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Dec23

Change In Inventory

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-3.97

Arribatec Group ASA Quarterly Data
	Mar19	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Arribatec Group ASA Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr0.0 Mil.

Arribatec Group ASA (CHIX:ARRo) Change In Inventory Explanation

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

Arribatec Group ASA's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.484	/	34.669	*	365 / 4
	=	3.91

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	34.669	/	1.484
	=	23.36

3. 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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.484	/	144.616
	=	0.01

Arribatec Group ASA Change In Inventory Related Terms

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Arribatec Group ASA (CHIX:ARRO) Business Description

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HIDDNo:Sweden ARR:Norway

Address

Sjolyst plass 2, Oslo, NOR, 0585

Website

https://www.arribatec.com

Arribatec Group ASA is a software and consulting company. It services comprise Business services focusing on ERP, BI & Analytics, Devops, integrations, and research management; EA & BPM provides Enterprise Architecture and Business Process Management; Cloud provides Cloud solutions hybrid, Azure, Splunk, GDPR. Arribatec Cloud provides consulting outsourcing, and cloud services to private and public enterprises. Hospitality delivers a variety of different solutions within self check-in, check-out, housekeeping management, conference systems. Marine is the Business Unit of Arribatec Group focusing on the Maritime sector.

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