Next Meats Holdings (Next Meats Holdings) Change In Inventory : $0.37 Mil (TTM As of Jan. 2024)

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What is Next Meats Holdings Change In Inventory?

Next Meats Holdings's change in inventory for the quarter that ended in Jan. 2024 was $0.06 Mil. It means Next Meats Holdings's inventory declined by $0.06 Mil from Oct. 2023 to Jan. 2024 .

Next Meats Holdings's change in inventory for the fiscal year that ended in Apr. 2023 was $0.46 Mil. It means Next Meats Holdings's inventory declined by $0.46 Mil from Apr. 2022 to Apr. 2023 .

Next Meats Holdings's Total Inventories for the quarter that ended in Jan. 2024 was $0.08 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Next Meats Holdings's Days Inventory for the quarter that ended in Jan. 2024 was 47.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. Next Meats Holdings's Inventory Turnover for the quarter that ended in Jan. 2024 was 1.91.

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. Next Meats Holdings's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.42.

Next Meats Holdings Change In Inventory Historical Data

The historical data trend for Next Meats 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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Next Meats Holdings Change In Inventory Chart

Next Meats Holdings Annual Data

Trend

Apr20

Apr21

Apr22

Apr23

Change In Inventory

-0.25

-0.35

0.46

Next Meats Holdings Quarterly Data
	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Inventory	Get a 7-Day Free Trial										0.05	0.31	-0.01	-	0.06

Next Meats 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.37 Mil.

Next Meats Holdings (OTCPK:NXMH) Change In Inventory Explanation

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

Next Meats 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
	=	0.1115	/	0.213	*	365 / 4
	=	47.77

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

Next Meats Holdings's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.213	/	0.1115
	=	1.91

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.

Next Meats Holdings's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.1115	/	0.265
	=	0.42

Next Meats Holdings Change In Inventory Related Terms

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Next Meats Holdings (Next Meats Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Next Meats Holdings Inc (OTCPK:NXMH) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

3F 1-16-13 Ebisu Minami Shibuya-ku, Tokyo, JPN, 150-0022

Website

https://www.nextmeats.co.jp

Next Meats Holdings Inc. is a Japanese Company that operates in the alternative meat industry. It currently offers, and plans to continue to offer, amongst other things, artificial chicken and beef products made from meat substitutes. As will be described later on, Next Meats Co., Ltd. is now a wholly-owned subsidiary of the Company.

Executives

Koichi Ishizuka	director, 10 percent owner, officer: CEO, CFO	3-1-21, CHUO, NAKANO-KU, TOKYO M0 164-0011
White Knight Co., Ltd.	10 percent owner	3F K MINAMIAOYAMA, 6-6-20 MINAMIAOYAMA, MINATO-KU, TOKYO M0 107-0062
Hideyuki Sasaki	director, 10 percent owner, officer: Chief Operating Officer	5-2-4 NISHI, HANYU-SHI, SAITAMA M0 348-0054
Ryo Shirai	director, 10 percent owner, other: Chairman of the Board	4-380-4- NAKAZAWA, NAGAOKA-SHI, NIIGATA M0 940-0853
Next Meats Co., Ltd	10 percent owner	3F 1-16-13 EBISU MINAMI, SHIBUYA-KU, TOKYO M0 150-0022
Flint Consulting Services, Llc	10 percent owner	780 RESERVOIR AVE #123, CRANSTON RI 029910