Argeo AS (OSL:ARGEO) Change In Inventory : kr0.0 Mil (TTM As of Mar. 2024)

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What is Argeo AS Change In Inventory?

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

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

Argeo AS's Total Inventories for the quarter that ended in Mar. 2024 was kr0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Argeo AS's Days Inventory for the quarter that ended in Mar. 2024 was 0.00.

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

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

Argeo AS Change In Inventory Historical Data

The historical data trend for Argeo AS's Change In 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.

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Argeo AS Change In Inventory Chart

Argeo AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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Argeo AS Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial													-	-	-	-	-

Argeo AS 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.

Argeo AS (OSL:ARGEO) Change In Inventory Explanation

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

Argeo AS's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	56.542	*	365 / 4
	=	0.00

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	56.542	/	0
	=	N/A

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	100.465
	=	0.00

Argeo AS Change In Inventory Related Terms

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Argeo AS (OSL:ARGEO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Argeo AS (OSL:ARGEO) » Definitions » Change In Inventory

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8W2:Germany

Address

Nye Vakasvei 14, Hvalstad, Norge, NOR, 1395

Website

https://www.argeo.no

Argeo AS offers the ocean surveying and inspection industry by utilizing autonomous surface and underwater robotics solutions. This company is equipped with individual sensors and digital imaging technology, these autonomous underwater vehicles increase efficiency and imaging quality, in addition, to contributing to substantially reducing CO2 emissions from operations. The company's digital models and digital twin solutions are based on geophysical, hydrographic, and geological methods from shallow water to the deepest oceans for market segments in Infrastructure, Offshore Wind, Oil & Gas, and Deep Sea Minerals.

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