NN's change in inventory for the quarter that ended in Dec. 2023 was $0.3 Mil. It means NN's inventory
declined by $0.3 Mil
from Sep. 2023 to Dec. 2023 .
NN's change in inventory for the fiscal year that ended in Dec. 2023 was $10.0 Mil. It means NN's inventory
declined by $10.0 Mil
from Dec. 2022 to Dec. 2023 .
NN's Total Inventories for the quarter that ended in Dec. 2023 was $71.6 Mil.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
NN's Days Inventory for the quarter that ended in Dec. 2023 was 65.98.
Inventory Turnover measures how fast the company turns over its inventory within a year.
NN's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.38.
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.
NN's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.63.
NN Change In Inventory Historical Data
The historical data trend for NN'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.
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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $10.0 Mil.
* 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.
NN (NAS:NNBR) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
NN's Days Inventory for the quarter that ended in is calculated as:
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.
NN's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as
* 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.
NN Change In Inventory Related Terms
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NN Inc is a diversified industrial company that combines engineering and production capabilities with in-depth materials science expertise to design and manufacture high-precision solutions and components. It operates in two business segments: mobile solutions and power solutions. The mobile solutions segment involves growth in the general industrial and automotive end markets. Its power solutions segment involves growth in the electrical and aerospace and defense end markets. It also operates in China, Mexico, Brazil, Germany, and other countries.
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