NEXT (NextDecade) Days Inventory : 0.00 (As of Dec. 2024)

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What is NextDecade Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NextDecade's Average Total Inventories for the three months ended in Dec. 2024 was $0.00 Mil. NextDecade's Cost of Goods Sold for the three months ended in Dec. 2024 was $0.61 Mil. Hence, NextDecade's Days Inventory for the three months ended in Dec. 2024 was 0.00.

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

NEXT's Days Inventory is not ranked ^*
in the Oil & Gas industry.
Industry Median: 31.995
* Ranked among companies with meaningful Days Inventory only.

NextDecade's Days Inventory stayed the same from Dec. 2023 (0.00) to Dec. 2024 (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.

NextDecade Days Inventory Historical Data

The historical data trend for NextDecade'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.

NextDecade Days Inventory Chart

NextDecade Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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NextDecade Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of NextDecade's Days Inventory

For the Oil & Gas Equipment & Services subindustry, NextDecade'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.

NextDecade's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NextDecade's Days Inventory distribution charts can be found below:

* The bar in red indicates where NextDecade's Days Inventory falls into.

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NextDecade Days Inventory Calculation

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

NextDecade's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1.931	*	365
=	0					/	1.931	*	365
=	0.00

NextDecade's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.614	*	365 / 4
=	0					/	0.614	*	365 / 4
=	0.00

NextDecade (NAS:NEXT) 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.

NextDecade's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.614	/	0
	=

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.

NextDecade's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

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

NextDecade Days Inventory Related Terms

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

NextDecade Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » NextDecade Corp (NAS:NEXT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

2XD:Germany

Address

1000 Louisiana Street, Suite 3300, Houston, TX, USA, 77002

Website

https://www.next-decade.com

NextDecade Corp is a Houston-based energy company engaged in construction and development activities related to the liquefaction of natural gas and sale of LNG and the capture and storage of CO2 emissions. The group is constructing and developing a natural gas liquefaction and export facility located in the Rio Grande Valley near Brownsville, Texas (the Rio Grande LNG Facility). It also engaged in NEXT Carbon Solutions advancing proprietary processes to lower the cost of utilizing carbon capture and storage (CCS) and help companies reduce their emissions and achieve their clean energy goals.

Executives

Hgc Next Inv Llc	10 percent owner	501 2ND STREET, SUITE 500, SAN FRANCISCO CA 94107
York Capital Management Global Advisors, Llc	director, 10 percent owner	1330 AVENUE OF THE AMERICAS, 20TH FLOOR, NEW YORK NY 10019
Halcyon Mount Bonnell Fund Lp	director	C/O HALCYON CAPITAL MANAGEMENT, LLC, 477 MADISON AVE., 8TH FLOOR, NEW YORK NY 10022
Halcyon Capital Management Lp	director	299 PARK AVENUE, NEW YORK NY 10171
James G Dinan	10 percent owner	390 PARK AVE 15TH FLOOR, NEW YORK NY 10022
Seguineau De Preval Thibaud Marie	director	2, PLACE JEAN MILLIER, LA DEFENSE 6, COURBEVOIE I0 92400
Global Lng North America Corp.	director, 10 percent owner	1201 LOUISIANA ST., SUITE 1800, HOUSTON TX 77002
Totalenergies Delaware, Inc.	director, 10 percent owner	1201 LOUISIANA STREET, SUITE 1800, HOUSTON TX 77002
Totalenergies Holdings Usa, Inc.	director, 10 percent owner	1201 LOUISIANA STREET, SUITE 1800, HOUSTON TX 77002
Totalenergies Gestion Usa Sarl	director, 10 percent owner	LA DEFENSE 6 2 PLACE JEAN MILLIER, COURBEVOIE, HAUTS-DE-SEINE I0 92400
Hanwha Impact Partners Inc.	10 percent owner	501 2ND STREET, SUITE 500, SAN FRANCISCO CA 94107
Se Totalenergies	director, 10 percent owner	2 PLACE JEAN MILLIER, ARCHE NORD COUPOLE/REGNAULT, PARIS LA DEFENSE CEDEX I0 92078
Hanwha Impact Global Corp	10 percent owner	501 2ND STREET, SUITE 500, SAN FRANCISCO CA 94107
Giovanni Oddo	director	1000 LOUISIANA STREET, HOUSTON TX 77002
Seokwon Ha	director	1000 LOUISIANA STREET, HOUSTON TX 77002