NFI Group (TSX:NFI) Change In Inventory

: C$-43 Mil (TTM As of Dec. 2023)

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NFI Group's change in inventory for the quarter that ended in Dec. 2023 was C$84 Mil. It means NFI Group's inventory declined by C$84 Mil from Sep. 2023 to Dec. 2023 .

NFI Group's change in inventory for the fiscal year that ended in Dec. 2023 was C$-40 Mil. It means NFI Group's inventory increased by C$40 Mil from Dec. 2022 to Dec. 2023 .

NFI Group's Total Inventories for the quarter that ended in Dec. 2023 was C$1,023 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NFI Group's Days Inventory for the quarter that ended in Dec. 2023 was 103.36.

Inventory Turnover measures how fast the company turns over its inventory within a year. NFI Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.88.

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. NFI Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.01.

NFI Group Change In Inventory Historical Data

The historical data trend for NFI Group'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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NFI Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-52.87

28.80

110.69

-218.64

-39.68

NFI Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory																149.70	-142.82	11.96	4.65	83.67

NFI Group 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-43 Mil.

NFI Group (TSX:NFI) Change In Inventory Explanation

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

NFI Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1070.8855	/	945.412	*	365 / 4
	=	103.36

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

NFI Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	945.412	/	1070.8855
	=	0.88

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.

NFI Group's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1070.8855	/	1062.052
	=	1.01

NFI Group Change In Inventory Related Terms

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NFI Group (TSX:NFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » NFI Group Inc (TSX:NFI) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

NFYEF:USA 9NF:Germany

Address

711 Kernaghan Avenue, Winnipeg, MB, CAN, R2C 3T4

Website

https://www.nfigroup.com

NFI Group Inc is a global bus manufacturer providing a comprehensive suite of mass transportation solutions under brands: New Flyer(heavy-duty transit buses), Alexander Dennis Limited ("ADL") (single and double-deck buses), Plaxton (motor coaches), MCI (motor coaches), ARBOC Specialty Vehicles, LLC ("ARBOC") (low-floor cutaway and medium-duty buses) and NFI Parts (aftermarket parts sales). The Company has two reportable segments which are the Company's strategic business units: Manufacturing Operations and Aftermarket Operations. It generates majority revenue from Manufacturing Operations.

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