NDBKF (Nedbank Group) Change In Inventory : $0 Mil (TTM As of Jun. 2024)

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What is Nedbank Group Change In Inventory?

Nedbank Group's change in inventory for the quarter that ended in Jun. 2024 was $0 Mil. It means Nedbank Group's inventory stayed the same from Dec. 2023 to Jun. 2024 .

Nedbank Group's change in inventory for the fiscal year that ended in Dec. 2023 was $0 Mil. It means Nedbank Group's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Nedbank Group's Total Inventories for the quarter that ended in Jun. 2024 was $0 Mil.

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

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

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

Nedbank Group Change In Inventory Historical Data

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

Nedbank Group Annual Data

Trend

Dec14

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Dec19

Dec20

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Dec22

Dec23

Change In Inventory

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Nedbank Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Nedbank 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0 Mil.

Nedbank Group (OTCPK:NDBKF) Change In Inventory Explanation

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

Nedbank 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	/	0	*	365 / 2
	=	N/A

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	1906.658
	=	0.00

Nedbank Group Change In Inventory Related Terms

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Nedbank Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Nedbank Group Ltd (OTCPK:NDBKF) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

NED:South Africa NDBKY:USA NBK:Namibia NCO:Germany

Address

135 Rivonia Road, Nedbank 135 Rivonia Campus, Sandown, Sandton, Johannesburg, GT, ZAF, 2196

Website

https://www.nedbankgroup.co.za

Nedbank Group Ltd is a financial services provider that offers corporate, retail, and investment banking services; insurance; asset management; and wealth management. It operates predominantly in South Africa. Net interest income from lending activities accounts for roughly half of the company's total revenue. Its operating segments include Nedbank Corporate and Investment Banking, Nedbank Retail and Business Banking, Nedbank Wealth, Nedbank Africa Regions, and Centre.