NXTP (NextPlay Technologies) Change In Inventory: $0.00 Mil (TTM As of Nov. 2022)

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NXTP NextPlay Technologies Inc NXTP
14 GF Score
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What is NextPlay Technologies Change In Inventory?

NextPlay Technologies NXTP 14 Change In Inventory is $0.00 Mil as of Nov. 2022. GuruFocus rates NXTP with a GF Score™ of 14/100.

NextPlay Technologies's change in inventory for the quarter that ended in Nov. 2022 was $0.00 Mil. It means NextPlay Technologies's inventory stayed the same from Aug. 2022 to Nov. 2022 .

NextPlay Technologies's change in inventory for the fiscal year that ended in Feb. 2022 was $-0.09 Mil. It means NextPlay Technologies's inventory increased by $0.09 Mil from Feb. 2021 to Feb. 2022 .

NextPlay Technologies's Total Inventories for the quarter that ended in Nov. 2022 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NextPlay Technologies's Days Inventory for the quarter that ended in Nov. 2022 was 0.00.

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. NextPlay Technologies's Inventory-to-Revenue for the quarter that ended in Nov. 2022 was 0.00.

NextPlay Technologies  (OTCPK:NXTP) Change In Inventory Explanation

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

NextPlay Technologies's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0/0.447*365 / 4
=0.00

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

NextPlay Technologies's Inventory Turnover for the quarter that ended in Nov. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.447 / 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.

NextPlay Technologies's Inventory to Revenue for the quarter that ended in Nov. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 / 0.629
=0.00

* 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.

NextPlay Technologies Change In Inventory Related Terms

NextPlay Technologies Change In Inventory Historical Data

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The historical data trend for NextPlay Technologies'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.

NextPlay Technologies Change In Inventory Chart

NextPlay Technologies Annual Data
Trend Feb21 Feb22
Change In Inventory
0.00 -0.09

NextPlay Technologies Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22
Change In Inventory Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00
NXTP
14GF Score
NextPlay Technologies Inc NXTP
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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NextPlay Technologies 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 Nov. 2022 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $0.00 Mil mean?
NextPlay Technologies (NXTP) has a Change In Inventory of $0.00 Mil as of Nov. 2022. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for NextPlay Technologies and its competitors.
Is NextPlay Technologies' Change In Inventory too high?
NextPlay Technologies' current Change In Inventory is $0.00 Mil. Overall, NextPlay Technologies has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does NextPlay Technologies' Change In Inventory compare to TAOP and CETX?
NextPlay Technologies' Change In Inventory of $0.00 Mil can be compared against companies in the Software 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 Software company?
A good Change In Inventory depends on the Software 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 NextPlay Technologies and its competitors. NextPlay Technologies'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 NextPlay Technologies stock overvalued right now?
NextPlay Technologies (NXTP) has a current Change In Inventory of $0.00 Mil. The current Change In Inventory is $0.00 Mil. NextPlay Technologies' overall GF Score™ is 14/100. 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 NextPlay Technologies (NXTP), the current Change In Inventory is $0.00 Mil as of Nov. 2022. 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.

NextPlay Technologies Business Description

Address 1560 Sawgrass Corporate Parkway, Suite 130, Sunrise, FL, USA, 33323
NextPlay Technologies Inc is building a technology solutions company, offering games, in-game advertising, digital asset products and services, connected TV and travel booking services to consumers and corporations within a growing digital ecosystem. Its engaging products and services utilize advertising technology, Artificial Intelligence, and financial technology (FinTech) solutions to leverage the strengths and channels of its existing and acquired technologies. NextPlay is organized into 3 divisions NextMedia, its Interactive Digital Media Division (the Media Division); NextFinTech, its Finance and Technology (FinTech) Division; and NextTrip, its Travel Division.
14GF Score

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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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