CNVAF (Cnova NV) Change In Inventory: $2 Mil (TTM As of Dec. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CNVAF Cnova NV CNVAF
16 GF Score
Price $0.11
View Full Analysis

What is Cnova NV Change In Inventory?

Cnova NV CNVAF 16 Change In Inventory is $2 Mil as of Dec. 2024. GuruFocus rates CNVAF with a GF Score™ of 16/100.

Cnova NV's change in inventory for the quarter that ended in Dec. 2024 was $2 Mil. It means Cnova NV's inventory declined by $2 Mil from Jun. 2024 to Dec. 2024 .

Cnova NV's change in inventory for the fiscal year that ended in Dec. 2024 was $2 Mil. It means Cnova NV's inventory declined by $2 Mil from Dec. 2023 to Dec. 2024 .

Cnova NV's Total Inventories for the quarter that ended in Dec. 2024 was $102 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cnova NV's Days Inventory for the quarter that ended in Dec. 2024 was 48.68.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cnova NV's Inventory Turnover for the quarter that ended in Dec. 2024 was 3.75.

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. Cnova NV's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.18.

Cnova NV  (OTCPK:CNVAF) Change In Inventory Explanation

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

Cnova NV's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=105.079/393.968*365 / 2
=48.68

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

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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=393.968 / 105.079
=3.75

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=105.079 / 594.873
=0.18

* 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.

Cnova NV Change In Inventory Related Terms

Cnova NV Change In Inventory Historical Data

* Premium members only.

The historical data trend for Cnova NV'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.

Cnova NV Change In Inventory Chart

Cnova NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.53 -21.96 166.04 49.28 1.88

Cnova NV 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 74.81 37.42 11.62 -0.41 2.28
CNVAF
16GF Score
Cnova NV CNVAF
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cnova NV 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 $2 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $2 Mil mean?
Cnova NV (CNVAF) has a Change In Inventory of $2 Mil as of Dec. 2024. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Cnova NV and its competitors.
Is Cnova NV's Change In Inventory too high?
Cnova NV's current Change In Inventory is $2 Mil. Overall, Cnova NV has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Cnova NV's Change In Inventory compare to AMZN and BABA?
Cnova NV's Change In Inventory of $2 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Retail - Cyclical company?
A good Change In Inventory depends on the Retail - Cyclical industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Cnova NV and its competitors. Cnova NV's current Change In Inventory is $2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cnova NV stock overvalued right now?
Cnova NV (CNVAF) has a current Change In Inventory of $2 Mil. The current Change In Inventory is $2 Mil. Cnova NV's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Cnova NV (CNVAF), the current Change In Inventory is $2 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cnova NV Business Description

Address 120-126, quai de Bacalan, Bordeaux, FRA, 33067
Cnova NV is an e-commerce company. It provides its customers with a value proposition through a low-cost business model that offers attractive pricing, an extensive product assortment, and differentiated delivery and payment solutions. Its product offering categories are home appliances, consumer electronics, computers, home furnishings, leisure, and personal goods.
16GF Score

Get the complete analysis for CNVAF

Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.11
Price