Next e GO NV (Next e GO NV) Days Inventory : 0.00 (As of Jun. 2023)

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What is Next e GO NV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Next e GO NV's Average Total Inventories for the three months ended in Jun. 2023 was $10.03 Mil. Next e GO NV's Cost of Goods Sold for the three months ended in Jun. 2023 was $0.00 Mil.

The historical rank and industry rank for Next e GO NV's Days Inventory or its related term are showing as below:

EGOXF' s Days Inventory Range Over the Past 10 Years
Min: 78.77 Med: 88.46 Max: 125.89
Current: 125.89

During the past 2 years, Next e GO NV's highest Days Inventory was 125.89. The lowest was 78.77. And the median was 88.46.

EGOXF's Days Inventory is ranked worse than
76.13% of 1257 companies
in the Vehicles & Parts industry
Industry Median: 81.84 vs EGOXF: 125.89

Next e GO NV's Days Inventory declined from Dec. 2021 (24.54) to Jun. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Next e GO NV's Inventory Turnover for the three months ended in Jun. 2023 was 0.00.

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.

Next e GO NV Days Inventory Historical Data

The historical data trend for Next e GO NV's Days 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 e GO NV Days Inventory Chart

Next e GO NV Annual Data

Trend

Dec21

Dec22

Days Inventory

98.14

78.77

Next e GO NV Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Jun23
Days Inventory	24.54	-	30.43	85.25	-

Competitive Comparison of Next e GO NV's Days Inventory

For the Auto Manufacturers subindustry, Next e GO NV's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Next e GO NV's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Next e GO NV's Days Inventory distribution charts can be found below:

* The bar in red indicates where Next e GO NV's Days Inventory falls into.

Next e GO NV Days Inventory Calculation

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

Next e GO NV's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (11.177	+	9.478)	/	2 )	/	47.853	*	365
=	10.3275					/	47.853	*	365
=	78.77

Next e GO NV's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (9.478	+	10.58)	/	2 )	/	0	*	365 / 4
=	10.029					/	0	*	365 / 4
=	N/A

Next e GO NV (OTCPK:EGOXF) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Next e GO NV's Inventory Turnover for the three months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	10.029
	=	0.00

2. 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 e GO NV's Inventory to Revenue for the three months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	10.029	/	0
	=

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Next e GO NV Days Inventory Related Terms

Thank you for viewing the detailed overview of Next e GO NV's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Next e GO NV (Next e GO NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Next e GO NV (OTCPK:EGOXF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Next.e.GO Mobile SE, Lilienthalstraße 1, Aachen, DEU, 52068

Website

https://www.e-go-mobile.com

Next e GO NV designs and manufactures battery electric vehicles for the urban environment, with focus on convenience, reliability and affordability. It has developed a disruptive solution for producing its electric vehicles using proprietary technologies and low cost MicroFactories.

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