Norse Atlantic ASA (OSL:NORSE) Change In Inventory : kr0 Mil (TTM As of Mar. 2024)

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What is Norse Atlantic ASA Change In Inventory?

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

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

Norse Atlantic ASA's Total Inventories for the quarter that ended in Mar. 2024 was kr42 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Norse Atlantic ASA's Days Inventory for the quarter that ended in Mar. 2024 was 2.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. Norse Atlantic ASA's Inventory Turnover for the quarter that ended in Mar. 2024 was 31.33.

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. Norse Atlantic ASA's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.05.

Norse Atlantic ASA Change In Inventory Historical Data

The historical data trend for Norse Atlantic ASA'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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Norse Atlantic ASA Change In Inventory Chart

Norse Atlantic ASA Annual Data

Trend

Dec21

Dec22

Dec23

Change In Inventory

Norse Atlantic ASA Quarterly Data
	Feb20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Norse Atlantic 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 Mil.

Norse Atlantic ASA (OSL:NORSE) Change In Inventory Explanation

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

Norse Atlantic 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
	=	39.4585	/	1236.331	*	365 / 4
	=	2.91

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1236.331	/	39.4585
	=	31.33

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	39.4585	/	830.301
	=	0.05

Norse Atlantic ASA Change In Inventory Related Terms

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Norse Atlantic ASA (OSL:NORSE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Norse Atlantic ASA (OSL:NORSE) » Definitions » Change In Inventory

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Traded in Other Exchanges

NRSAF:USA 9LG0:Germany

Address

Floyveien 14, Arendal, NOR, 4838

Website

https://www.flynorse.com

Norse Atlantic ASA is a new innovative airline serving the low-cost, intercontinental market between popular European and The USA destinations with a fleet of modern, fuel-efficient, and more environmentally friendly Boeing 787 Dreamliners. Geographically, the company operates in Norway. United Kingdom, Europe, The USA and Other.

Norse Atlantic ASA (OSL:NORSE) Headlines

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