Otovo ASA (OSL:OTOVO) Change In Inventory : kr0.0 Mil (TTM As of Jun. 2024)

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What is Otovo ASA Change In Inventory?

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

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

Otovo ASA's Total Inventories for the quarter that ended in Jun. 2024 was kr0.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Otovo ASA's Days Inventory for the quarter that ended in Jun. 2024 was 0.67.

Inventory Turnover measures how fast the company turns over its inventory within a year. Otovo ASA's Inventory Turnover for the quarter that ended in Jun. 2024 was 135.55.

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. Otovo ASA's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.01.

Otovo ASA Change In Inventory Historical Data

The historical data trend for Otovo 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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Otovo ASA Change In Inventory Chart

Otovo ASA Annual Data

Trend

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Change In Inventory

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Otovo ASA Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Otovo 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr0.0 Mil.

Otovo ASA (OSL:OTOVO) Change In Inventory Explanation

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

Otovo 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
	=	0.967	/	131.073	*	365 / 4
	=	0.67

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

Otovo ASA's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	131.073	/	0.967
	=	135.55

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.

Otovo ASA's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.967	/	168.557
	=	0.01

Otovo ASA Change In Inventory Related Terms

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Otovo ASA Business Description

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89K:Germany

Address

Torggata 7, Oslo, NOR, 0181

Website

https://www.otovo.com

Otovo ASA is an energy company. It is engaged in the development, commercialization and installation of renewable power, as well as taking ownership or providing business advice related to it. The Group's operating segments are The Marketplace, and Subscription SPV. The Marketplace segment consists of transactions relating to sale of solar panels and related products, while the Subscription segment consists of transactions related to customers subscribing to use solar panels and related products.

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