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New World Solutions (FRA:RT5) Days Inventory : 0.00 (As of Oct. 2024)


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What is New World Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). New World Solutions's Average Total Inventories for the three months ended in Oct. 2024 was €0.06 Mil. New World Solutions's Cost of Goods Sold for the three months ended in Oct. 2024 was €0.00 Mil.

The historical rank and industry rank for New World Solutions's Days Inventory or its related term are showing as below:

FRA:RT5's Days Inventory is not ranked *
in the Software industry.
Industry Median: 19.21
* Ranked among companies with meaningful Days Inventory only.

New World Solutions's Days Inventory stayed the same from Oct. 2023 (0.00) to Oct. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. New World Solutions's Inventory Turnover for the three months ended in Oct. 2024 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. New World Solutions's Inventory-to-Revenue for the three months ended in Oct. 2024 was 11.40.


New World Solutions Days Inventory Historical Data

The historical data trend for New World Solutions'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.

* Premium members only.

New World Solutions Days Inventory Chart

New World Solutions Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Days Inventory
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New World Solutions Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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Competitive Comparison of New World Solutions's Days Inventory

For the Software - Application subindustry, New World Solutions'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.


New World Solutions's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, New World Solutions's Days Inventory distribution charts can be found below:

* The bar in red indicates where New World Solutions's Days Inventory falls into.



New World Solutions Days Inventory Calculation

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

New World Solutions's Days Inventory for the fiscal year that ended in Apr. 2024 is calculated as

Days Inventory (A: Apr. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Apr. 2023 ) + Total Inventories (A: Apr. 2024 )) / count ) / Cost of Goods Sold (A: Apr. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

New World Solutions's Days Inventory for the quarter that ended in Oct. 2024 is calculated as:

Days Inventory (Q: Oct. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jul. 2024 ) + Total Inventories (Q: Oct. 2024 )) / count ) / Cost of Goods Sold (Q: Oct. 2024 )*Days in Period
=( (0 + 0.057) / 1 ) / 0*365 / 4
=0.057 / 0*365 / 4
=N/A

* 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.


New World Solutions  (FRA:RT5) 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.

New World Solutions's Inventory Turnover for the three months ended in Oct. 2024 is calculated as

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.

New World Solutions's Inventory to Revenue for the three months ended in Oct. 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.


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.


New World Solutions Days Inventory Related Terms

Thank you for viewing the detailed overview of New World Solutions's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


New World Solutions Business Description

Traded in Other Exchanges
N/A
Address
2990 Arbutus Street, 2nd Floor, Vancouver, BC, CAN, V6J 3Y9Nam
New World Solutions Inc is a technology firm focused on Electric Vehicle (EV) and Blockchain technologies. That provides shareholders with exposure to various areas of Decentralized Finance (DeFi) and electric vehicle charging solutions. The group focuses on altcoins (cryptocurrencies other the Bitcoin) through its wholly owned subsidiaries Babbage Mining Corp a Proof of Stake (POS) miner, and Beyond the Moon Inc an IDO-focused company, the Company gave investors exposure to the vast emerging market of cryptocurrencies. Its segment includes the Cryptocurrencies segment and the Technology segment.

New World Solutions Headlines

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