Ferronordic AB (OSTO:FNM) Change In Inventory : kr-444 Mil (TTM As of Mar. 2024)

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What is Ferronordic AB Change In Inventory?

Ferronordic AB's change in inventory for the quarter that ended in Mar. 2024 was kr-178 Mil. It means Ferronordic AB's inventory increased by kr178 Mil from Dec. 2023 to Mar. 2024 .

Ferronordic AB's change in inventory for the fiscal year that ended in Dec. 2023 was kr-335 Mil. It means Ferronordic AB's inventory increased by kr335 Mil from Dec. 2022 to Dec. 2023 .

Ferronordic AB's Total Inventories for the quarter that ended in Mar. 2024 was kr1,687 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ferronordic AB's Days Inventory for the quarter that ended in Mar. 2024 was 151.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ferronordic AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.60.

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. Ferronordic AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.34.

Ferronordic AB Change In Inventory Historical Data

The historical data trend for Ferronordic AB'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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Ferronordic AB Change In Inventory Chart

Ferronordic AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-483.73

-93.00

-381.00

594.00

-335.00

Ferronordic AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	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															-69.00	-164.00	7.00	-109.00	-178.00

Ferronordic AB 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 kr-444 Mil.

Ferronordic AB (OSTO:FNM) Change In Inventory Explanation

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

Ferronordic AB's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1565	/	941	*	365 / 4
	=	151.76

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	941	/	1565
	=	0.60

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1565	/	1172
	=	1.34

Ferronordic AB Change In Inventory Related Terms

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Ferronordic AB (OSTO:FNM) Business Description

Industry

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Traded in Other Exchanges

AA4:Germany

Address

Nybrogatan 6, Stockholm, SWE, SE114 34

Website

https://www.ferronordic.com

Ferronordic AB is engaged in sales, rents, and services of construction equipment and other machinery. The company is authorized dealer of Volvo Construction Equipment, Terex Trucks, Dressta, Mecalac and Rottne and also appointed as aftermarket dealer for Volvo and Renault Trucks and dealer for Volvo Penta. The Group has two reporting segments: Germany and CIS (the Commonwealth of Independent States). The Germany segment comprises comprises of sales of new and used trucks, aftermarket sales, rental, and other services in Germany. CIS comprises of sales of new and used construction and other equipment, aftermarket sales, rental, contracting services and other services in CIS and currently only in Kazakhstan.

Ferronordic AB (OSTO:FNM) Headlines

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