NextEd Group (ASX:NXD) Change In Inventory : A$0.00 Mil (TTM As of Dec. 2024)

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What is NextEd Group Change In Inventory?

NextEd Group's change in inventory for the quarter that ended in Dec. 2024 was A$0.00 Mil. It means NextEd Group's inventory stayed the same from Jun. 2024 to Dec. 2024 .

NextEd Group's change in inventory for the fiscal year that ended in Jun. 2024 was A$0.00 Mil. It means NextEd Group's inventory stayed the same from Jun. 2023 to Jun. 2024 .

NextEd Group's Total Inventories for the quarter that ended in Dec. 2024 was A$0.12 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NextEd Group's Days Inventory for the quarter that ended in Dec. 2024 was 0.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. NextEd Group's Inventory Turnover for the quarter that ended in Dec. 2024 was 196.19.

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. NextEd Group's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.00.

NextEd Group Change In Inventory Historical Data

The historical data trend for NextEd 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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NextEd Group Change In Inventory Chart

NextEd Group Annual Data

Trend

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Change In Inventory

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NextEd Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

NextEd 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.00 Mil.

NextEd Group (ASX:NXD) Change In Inventory Explanation

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

NextEd 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
	=	0.1125	/	22.071	*	365 / 2
	=	0.93

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

NextEd Group's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	22.071	/	0.1125
	=	196.19

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.

NextEd Group's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.1125	/	46.97
	=	0.00

NextEd Group Change In Inventory Related Terms

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NextEd Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » NextEd Group Ltd (ASX:NXD) » Definitions » Change In Inventory

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Address

7 Kelly Street, Level 2, Ultimo, NSW, AUS, 2007

Website

https://www.nexted.com.au

NextEd Group Ltd is engaged in the provision of vocational education and training solutions. It offers training predominantly in the areas of Allied Health and Community Services. It currently provides training to a range of existing workers, job seekers, and school leavers throughout campuses. Its segments are Technology & Design, International Vocational, Go Study and Domestic Vocational.

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