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Nitches's change in inventory for the quarter that ended in Aug. 2024 was $0.00 Mil. It means Nitches's inventory
stayed the same
from May. 2024 to Aug. 2024 .
Nitches's change in inventory for the fiscal year that ended in Aug. 2024 was $0.00 Mil. It means Nitches's inventory
stayed the same
from Aug. 2023 to Aug. 2024 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Nitches's Days Inventory for the quarter that ended in Aug. 2024 was 45.63.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Nitches's Inventory Turnover for the quarter that ended in Aug. 2024 was 2.00.
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.
Nitches (OTCPK:NICH) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Nitches's Days Inventory for the quarter that ended in is calculated as:
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.
Nitches's Inventory to Revenue for the quarter that ended in Aug. 2024 is calculated as
* 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.
Nitches Change In Inventory Related Terms
Nitches Change In Inventory Historical Data
* Premium members only.
The historical data trend for Nitches'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.
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 Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.
What does a Change In Inventory of $0.00 Mil mean?
Nitches (NICH) has a Change In Inventory of $0.00 Mil as of Aug. 2024. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Nitches and its competitors.
Is Nitches' Change In Inventory too high?
Nitches' current Change In Inventory is $0.00 Mil. Overall, Nitches has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Nitches' Change In Inventory compare to DLAPQ and RL?
Nitches' Change In Inventory of $0.00 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Change In Inventory depends on the Manufacturing - Apparel & Accessories 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 Nitches and its competitors. Nitches's current Change In Inventory is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitches stock overvalued right now?
Nitches (NICH) has a current Change In Inventory of $0.00 Mil. The current Change In Inventory is $0.00 Mil. Nitches' overall GF Score™ is 12/100. 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 Nitches (NICH), the current Change In Inventory is $0.00 Mil as of Aug. 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.
Nitches Inc is a company engaged in the production and distribution of household goods, lifestyle products, travel and leisure items, sports goods, and clothing. The company works with retailers to develop clothing lines and also develops its own lines under multiple registered trademarks. Majority of its clothing products are manufactured overseas and imported in bulk for sorting, packing, and distribution in the United States. Nitches serves a wide retail network, including department stores and specialty retailers, and generates revenue prominently through wholesale distribution of its apparel and related goods. The company white-labels its manufactured products under the brand names of Social Media Partners and distributes them in an online department store.
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