NXTP (NextPlay Technologies) Days Inventory: 0.00 (As of Nov. 2022)

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NXTP NextPlay Technologies Inc NXTP
14 GF Score
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What is NextPlay Technologies Days Inventory?

NextPlay Technologies NXTP 14 Days Inventory is 0.00 as of Nov. 2022. GuruFocus rates NXTP with a GF Score™ of 14/100.

Days Inventory is also known as Days Sales of Inventory (DSI). NextPlay Technologies's Average Total Inventories for the three months ended in Nov. 2022 was $0.00 Mil. NextPlay Technologies's Cost of Goods Sold for the three months ended in Nov. 2022 was $0.45 Mil. Hence, NextPlay Technologies's Days Inventory for the three months ended in Nov. 2022 was 0.00.

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

NXTP's Days Inventory is not ranked *
in the Software industry.
Industry Median: 19.57
* Ranked among companies with meaningful Days Inventory only.

NextPlay Technologies's Days Inventory stayed the same from Nov. 2021 (0.00) to Nov. 2022 (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. NextPlay Technologies's Inventory-to-Revenue for the three months ended in Nov. 2022 was 0.00.


NextPlay Technologies  (OTCPK:NXTP) 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.

NextPlay Technologies's Inventory Turnover for the three months ended in Nov. 2022 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.

NextPlay Technologies's Inventory to Revenue for the three months ended in Nov. 2022 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.


NextPlay Technologies Days Inventory Related Terms


NextPlay Technologies Days Inventory Historical Data

* Premium members only.

The historical data trend for NextPlay Technologies'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.

NextPlay Technologies Days Inventory Chart

NextPlay Technologies Annual Data
Trend Feb21 Feb22
Days Inventory
0.00 107.66

NextPlay Technologies Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22
Days Inventory Get a 7-Day Free Trial 0.00 30.80 613.06 0.00 0.00

NXTP vs TAOP, CETX, IPSI: Days Inventory Comparison

For the Software - Infrastructure subindustry, NextPlay Technologies'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.


NextPlay Technologies Days Inventory vs Software Industry

For the Software industry and Technology sector, NextPlay Technologies's Days Inventory distribution charts can be found below:

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


NXTP
14GF Score
NextPlay Technologies Inc NXTP
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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NextPlay Technologies Days Inventory Calculation

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

NextPlay Technologies's Days Inventory for the fiscal year that ended in Feb. 2022 is calculated as

Days Inventory (A: Feb. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2021 ) + Total Inventories (A: Feb. 2022 )) / count ) / Cost of Goods Sold (A: Feb. 2022 )*Days in Period
=( (0 + 0.692) / 1 ) / 2.346*365
=0.692 / 2.346*365
=107.66

NextPlay Technologies's Days Inventory for the quarter that ended in Nov. 2022 is calculated as:

Days Inventory (Q: Nov. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2022 ) + Total Inventories (Q: Nov. 2022 )) / count ) / Cost of Goods Sold (Q: Nov. 2022 )*Days in Period
=( (0 + 0) / 1 ) / 0.447*365 / 4
=0 / 0.447*365 / 4
=0.00

* 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 0.00 mean?
NextPlay Technologies (NXTP) has a Days Inventory of 0.00 as of Nov. 2022. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on NextPlay Technologies and its competitors.
Is NextPlay Technologies' Days Inventory too high?
NextPlay Technologies' current Days Inventory is 0.00. Overall, NextPlay Technologies has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does NextPlay Technologies' Days Inventory compare to TAOP and CETX?
NextPlay Technologies' Days Inventory of 0.00 can be compared against companies in the Software industry. The industry median Days Inventory is 19.57. 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 Software company?
The median Days Inventory among Software companies is 19.57, based on 1,663 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. 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 NextPlay Technologies and its competitors. For the Software industry, the median Days Inventory is 19.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NextPlay Technologies's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NextPlay Technologies stock overvalued right now?
NextPlay Technologies (NXTP) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. NextPlay Technologies' overall GF Score™ is 14/100. 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 NextPlay Technologies (NXTP), the current Days Inventory is 0.00 as of Nov. 2022. 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.

NextPlay Technologies Business Description

Address 1560 Sawgrass Corporate Parkway, Suite 130, Sunrise, FL, USA, 33323
NextPlay Technologies Inc is building a technology solutions company, offering games, in-game advertising, digital asset products and services, connected TV and travel booking services to consumers and corporations within a growing digital ecosystem. Its engaging products and services utilize advertising technology, Artificial Intelligence, and financial technology (FinTech) solutions to leverage the strengths and channels of its existing and acquired technologies. NextPlay is organized into 3 divisions NextMedia, its Interactive Digital Media Division (the Media Division); NextFinTech, its Finance and Technology (FinTech) Division; and NextTrip, its Travel Division.
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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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