Nitches (Nitches) Change In Inventory : $0.00 Mil (TTM As of Feb. 2024)

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What is Nitches Change In Inventory?

Nitches's change in inventory for the quarter that ended in Feb. 2024 was $0.00 Mil. It means Nitches's inventory stayed the same from Nov. 2023 to Feb. 2024 .

Nitches's change in inventory for the fiscal year that ended in Aug. 2023 was $-0.00 Mil. It means Nitches's inventory increased by $0.00 Mil from Aug. 2022 to Aug. 2023 .

Nitches's Total Inventories for the quarter that ended in Feb. 2024 was $0.14 Mil.

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 Feb. 2024 was 6,159.38.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nitches's Inventory Turnover for the quarter that ended in Feb. 2024 was 0.01.

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 Feb. 2024 was 27.00.

Nitches Change In Inventory Historical Data

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.

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Nitches Change In Inventory Chart

Nitches Annual Data

Trend

Aug00

Aug01

Aug02

Aug03

Aug04

Aug05

Aug06

Aug07

Aug22

Aug23

Change In Inventory

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-1.21

-2.62

-1.68

-0.13

Nitches Quarterly Data
	Nov05	Feb06	May06	Aug06	Nov06	Feb07	May07	Aug07	Nov07	Feb08	May08	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Inventory	Get a 7-Day Free Trial															0.01	-	-	-	-

Nitches 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

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:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.135	/	0.002	*	365 / 4
	=	6,159.38

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

Nitches's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.002	/	0.135
	=	0.01

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 Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.135	/	0.005
	=	27.00

Nitches Change In Inventory Related Terms

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Nitches (Nitches) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Nitches Inc (OTCPK:NICH) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1333 N Buffalo Drive, Unit 210, Las Vegas, NV, USA, 89128

Website

https://www.nitchescorp.com

Nitches Inc is focused on distribution and production of household, lifestyle, travel & leisure, and sports goods and clothing, with a long-term objective of bringing sustainable business practices to the supply chain for these products. The company is in the business of wholesale manufactured goods and white-labels them under the brand names of their Social Media Partners and also distributes them in an online department store, where its social media partners can sell their respective white labeled merchandise to their audience.

Executives

T. Jefferson Straub	director	C/O NITCHES, INC., 10280 CAMINO SANTA FE, SAN DIEGO CA 92121
Eitan X. Haber	officer: COO & Senior VP	C/O NITCHES, INC., 10280 CAMINO SANTA FE, SAN DIEGO CA 92121
Haresh Tharani	10 percent owner	1400 BROADWAY, 33RD FLOOR, NEW YORK NY 10018
Paul M Wyandt	director, officer: President & COO	10445 ABALONE LANDING, SAN DIEGO CA 92130
Price Eugene B Ii	director
Michael D Sholtis	director	10280 CAMINO SANTA FE, SAN DIEGO CA 92121