Nictus Holdings (NAM:NHL) Change In Inventory : R0.0 Mil (TTM As of Dec. 2023)

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What is Nictus Holdings Change In Inventory?

Nictus Holdings's change in inventory for the quarter that ended in Dec. 2023 was R0.0 Mil. It means Nictus Holdings's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Nictus Holdings's change in inventory for the fiscal year that ended in Jun. 2023 was R-38.0 Mil. It means Nictus Holdings's inventory increased by R38.0 Mil from Jun. 2022 to Jun. 2023 .

Nictus Holdings's Total Inventories for the quarter that ended in Dec. 2023 was R176.6 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nictus Holdings's Days Inventory for the quarter that ended in Dec. 2023 was 87.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nictus Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.08.

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. Nictus Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.36.

Nictus Holdings Change In Inventory Historical Data

The historical data trend for Nictus 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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Nictus Holdings Change In Inventory Chart

Nictus Holdings Annual Data

Trend

Mar20

Mar21

Jun22

Jun23

Change In Inventory

-25.78

10.78

-38.02

Nictus Holdings Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial			-	-	-	-	-

Nictus 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R0.0 Mil.

Nictus Holdings (NAM:NHL) Change In Inventory Explanation

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

Nictus 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
	=	171.9985	/	357.641	*	365 / 2
	=	87.77

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	357.641	/	171.9985
	=	2.08

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	171.9985	/	473.515
	=	0.36

Nictus Holdings Change In Inventory Related Terms

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Nictus Holdings (NAM:NHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Nictus Holdings Ltd (NAM:NHL) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

140 Mandume Ndemufayo Avenue, 1st Floor, Nictus Building, P.O. Box 755, Southern Industrial Area, Windhoek, NAM

Website

http://www.nictusholdings.com

Nictus Holdings Ltd retails automobiles, tyres, furniture and provides financial and insurance services in Namibia. The company operates through three segments namely, Retail, Properties, and Insurance and Finance. The Retail segment sells multi-brand tires, retreaded tires, wheels, and allied services. The Properties segment invests in properties. The Insurance and Finance segment provides risk management solutions, and financial assistance. Majority revenue of the company is earned from Retail segment.

Nictus Holdings (NAM:NHL) Headlines

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