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NNRF (NNRI) Days Inventory : 0.00 (As of Sep. 2023)


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What is NNRF Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NNRF's Average Total Inventories for the three months ended in Sep. 2023 was $0.07 Mil. NNRF's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.00 Mil.

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

NNRI's Days Inventory is not ranked *
in the Asset Management industry.
Industry Median: 76.77
* Ranked among companies with meaningful Days Inventory only.

NNRF's Days Inventory stayed the same from . 20 (0.00) to Sep. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. NNRF's Inventory Turnover for the three months ended in Sep. 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.


NNRF Days Inventory Historical Data

The historical data trend for NNRF'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.

NNRF Days Inventory Chart

NNRF Annual Data
Trend
Days Inventory

NNRF Quarterly Data
Sep22 Sep23
Days Inventory - -

Competitive Comparison of NNRF's Days Inventory

For the Asset Management subindustry, NNRF'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.


NNRF's Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, NNRF's Days Inventory distribution charts can be found below:

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



NNRF Days Inventory Calculation

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

NNRF's Days Inventory for the fiscal year that ended in . 20 is calculated as

Days Inventory (A: . 20 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: . 20 ) + Total Inventories (A: . 20 )) / count ) / Cost of Goods Sold (A: . 20 )*Days in Period
=( ( + ) / 1 ) / *365
=0 / *365
=N/A

NNRF's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2022 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 0.069) / 1 ) / 0*365 / 4
=0.069 / 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.


NNRF  (OTCPK:NNRI) 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.

NNRF's Inventory Turnover for the three months ended in Sep. 2023 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.

NNRF's Inventory to Revenue for the three months ended in Sep. 2023 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.


NNRF Days Inventory Related Terms

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


NNRF (NNRI) Business Description

Traded in Other Exchanges
N/A
Address
2475 Hiko Avenue, Reno, NV, USA, 89512
NNRF Inc is a project development and asset management company focused on environmental, agricultural, and nutraceutical fields. It is positioning itself as an eco-friendly holding company. The company aims to become a diversified holding company, maximizing shareholders' value and enabling economic development with a specific focus on emerging green markets. It looks to build value by targeting companies that are positioned to grow as the world moves to invest in and develop green technologies, green energy, and healthier living and lifestyles.

NNRF (NNRI) Headlines

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