NXMH (Next Meats Holdings) Days Inventory: 47.77 (As of Jan. 2024)

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What is Next Meats Holdings Days Inventory?

Next Meats Holdings NXMH +94.37% Days Inventory is 47.77 as of Jan. 2024.

Days Inventory is also known as Days Sales of Inventory (DSI). Next Meats Holdings's Average Total Inventories for the three months ended in Jan. 2024 was $0.11 Mil. Next Meats Holdings's Cost of Goods Sold for the three months ended in Jan. 2024 was $0.21 Mil. Hence, Next Meats Holdings's Days Inventory for the three months ended in Jan. 2024 was 47.77.

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

NXMH's Days Inventory is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 83.04
* Ranked among companies with meaningful Days Inventory only.

Next Meats Holdings's Days Inventory declined from Jan. 2023 (206.62) to Jan. 2024 (47.77).

Inventory Turnover measures how fast the company turns over its inventory within a year. Next Meats Holdings's Inventory Turnover for the three months ended in Jan. 2024 was 1.91.

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 Meats Holdings's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.42.


Next Meats Holdings  (OTCPK:NXMH) 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 Meats Holdings's Inventory Turnover for the three months ended in Jan. 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.

Next Meats Holdings's Inventory to Revenue for the three months ended in Jan. 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.


Next Meats Holdings Days Inventory Related Terms


Next Meats Holdings Days Inventory Historical Data

* Premium members only.

The historical data trend for Next Meats Holdings'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.

Next Meats Holdings Days Inventory Chart

Next Meats Holdings Annual Data
Trend Apr20 Apr21 Apr22 Apr23
Days Inventory
0.00 0.00 38.24 100.81

Next Meats Holdings Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 206.62 76.35 80.57 71.06 47.77

NXMH vs NGTF, SHRG, YCRM: Days Inventory Comparison

For the Packaged Foods subindustry, Next Meats Holdings'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 Meats Holdings Days Inventory vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Next Meats Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Next Meats Holdings's Days Inventory falls into.



Next Meats Holdings Days Inventory Calculation

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

Next Meats Holdings's Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as

Days Inventory (A: Apr. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Apr. 2022 ) + Total Inventories (A: Apr. 2023 )) / count ) / Cost of Goods Sold (A: Apr. 2023 )*Days in Period
=( (0.598 + 0.135) / 2 ) / 1.327*365
=0.3665 / 1.327*365
=100.81

Next Meats Holdings's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (0.141 + 0.082) / 2 ) / 0.213*365 / 4
=0.1115 / 0.213*365 / 4
=47.77

* 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 Days Inventory →
What does a Days Inventory of 47.77 mean?
Next Meats Holdings (NXMH) has a Days Inventory of 47.77 as of Jan. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Next Meats Holdings and its competitors.
Is Next Meats Holdings' Days Inventory too high?
Next Meats Holdings' current Days Inventory is 47.77. The Consumer Packaged Goods industry median Days Inventory is 83.04. Next Meats Holdings' value of 47.77 is 42.5% below this industry median.
How does Next Meats Holdings' Days Inventory compare to NGTF and SHRG?
Next Meats Holdings' Days Inventory of 47.77 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Inventory is 83.04. Next Meats Holdings' value of 47.77 is 42.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Consumer Packaged Goods company?
The median Days Inventory among Consumer Packaged Goods companies is 83.04, based on 1,874 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Next Meats Holdings's current Days Inventory of 47.77 is 42.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Next Meats Holdings and its competitors. For the Consumer Packaged Goods industry, the median Days Inventory is 83.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Next Meats Holdings's current Days Inventory is 47.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next Meats Holdings stock overvalued right now?
Next Meats Holdings (NXMH) has a current Days Inventory of 47.77. The current Days Inventory is 47.77 and 42.5% below the Consumer Packaged Goods industry median of 83.04. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Next Meats Holdings (NXMH), the current Days Inventory is 47.77 as of Jan. 2024. 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.

Next Meats Holdings Business Description

Address 79-49 Motomachi, Niseko, Abuta District, Hokkaido, JPN, 048-1544
Next Meats Holdings Inc. is a Japanese company that operates in the industry that provides an alternative to meat. It develops and sells alternative meat products, with ingredients derived, predominantly, plant-based materials.