Novus Holdings (JSE:NVS) Change In Inventory : R0 Mil (TTM As of Mar. 2024)

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What is Novus Holdings Change In Inventory?

Novus Holdings's change in inventory for the quarter that ended in Mar. 2024 was R0 Mil. It means Novus Holdings's inventory stayed the same from Sep. 2023 to Mar. 2024 .

Novus Holdings's change in inventory for the fiscal year that ended in Mar. 2024 was R323 Mil. It means Novus Holdings's inventory declined by R323 Mil from Mar. 2023 to Mar. 2024 .

Novus Holdings's Total Inventories for the quarter that ended in Mar. 2024 was R475 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Novus Holdings's Days Inventory for the quarter that ended in Mar. 2024 was 81.03.

Inventory Turnover measures how fast the company turns over its inventory within a year. Novus Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.25.

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. Novus Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.32.

Novus Holdings Change In Inventory Historical Data

The historical data trend for Novus Holdings'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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Novus Holdings Change In Inventory Chart

Novus Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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165.99

151.98

-127.31

-304.61

322.78

Novus Holdings Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Novus Holdings 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R0 Mil.

Novus Holdings (JSE:NVS) Change In Inventory Explanation

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

Novus Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	614.604	/	1384.228	*	365 / 2
	=	81.03

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

Novus Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1384.228	/	614.604
	=	2.25

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.

Novus Holdings's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	614.604	/	1940.152
	=	0.32

Novus Holdings Change In Inventory Related Terms

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Novus Holdings (JSE:NVS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Novus Holdings Ltd (JSE:NVS) » Definitions » Change In Inventory

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N09:Germany

Address

10 Freedom Way, Marconi Beam, Montague Gardens, Milnerton, Cape Town, WC, ZAF, 7441

Website

https://www.novus.holdings

Novus Holdings Ltd services South Africa and the African continent through its print production of all short to long-run requirements of educational materials, magazines, retail inserts, catalogs, books, newspapers, and commercial work, as well as security and digital printing. The company's reportable segment comprises Printing, Education, and Packaging where printing includes gravure, headset, coldest, sheet-fed, and digital, education contains educational content and packaging includes labels and flexible packaging. Other includes non-print or packaging products. The Majority of the firm's revenue is derived from the Printing segment.