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Next Vision Stabilized Systems (XTAE:NXSN) Days Inventory : 174.73 (As of Mar. 2024)


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What is Next Vision Stabilized Systems Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Next Vision Stabilized Systems's Average Total Inventories for the three months ended in Mar. 2024 was ₪57.5 Mil. Next Vision Stabilized Systems's Cost of Goods Sold for the three months ended in Mar. 2024 was ₪30.0 Mil. Hence, Next Vision Stabilized Systems's Days Inventory for the three months ended in Mar. 2024 was 174.73.

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

XTAE:NXSN' s Days Inventory Range Over the Past 10 Years
Min: 86.86   Med: 148.21   Max: 235.93
Current: 213.59

During the past 6 years, Next Vision Stabilized Systems's highest Days Inventory was 235.93. The lowest was 86.86. And the median was 148.21.

XTAE:NXSN's Days Inventory is ranked worse than
91.18% of 680 companies
in the Business Services industry
Industry Median: 28.965 vs XTAE:NXSN: 213.59

Next Vision Stabilized Systems's Days Inventory declined from Mar. 2023 (219.47) to Mar. 2024 (174.73).

Inventory Turnover measures how fast the company turns over its inventory within a year. Next Vision Stabilized Systems's Inventory Turnover for the three months ended in Mar. 2024 was 0.52.

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 Vision Stabilized Systems's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.56.


Next Vision Stabilized Systems Days Inventory Historical Data

The historical data trend for Next Vision Stabilized Systems'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.

Next Vision Stabilized Systems Days Inventory Chart

Next Vision Stabilized Systems Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 86.85 89.73 148.21 175.57 235.93

Next Vision Stabilized Systems Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 219.47 235.67 263.78 238.06 174.73

Competitive Comparison of Next Vision Stabilized Systems's Days Inventory

For the Security & Protection Services subindustry, Next Vision Stabilized Systems'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 Vision Stabilized Systems's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Next Vision Stabilized Systems's Days Inventory distribution charts can be found below:

* The bar in red indicates where Next Vision Stabilized Systems's Days Inventory falls into.



Next Vision Stabilized Systems Days Inventory Calculation

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

Next Vision Stabilized Systems's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (19.396 + 59.682) / 2 ) / 61.17*365
=39.539 / 61.17*365
=235.93

Next Vision Stabilized Systems's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (59.682 + 55.329) / 2 ) / 30.032*365 / 4
=57.5055 / 30.032*365 / 4
=174.73

* 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 Vision Stabilized Systems  (XTAE:NXSN) 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 Vision Stabilized Systems's Inventory Turnover for the three months ended in Mar. 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 Vision Stabilized Systems's Inventory to Revenue for the three months ended in Mar. 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 Vision Stabilized Systems Days Inventory Related Terms

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


Next Vision Stabilized Systems (XTAE:NXSN) Business Description

Traded in Other Exchanges
N/A
Address
Tedahar 17, Ra'anana, Tel Aviv, ISR
Next Vision Stabilized Systems Ltd is engaged in the field of micro stabilized gimballed cameras. It offers the widest range of stabilized cameras and accessories for commercial, industrial and security applications. The cameras can be mounted on ground, aerial and maritime platforms, and are the preferred choice where low SWaP2 (Size, Weight, Power and Price) without compromising performance is a key requirement. Its products include Colibri1, Colibri2, Colibri212, Nighthawk1, Nighthawk2, Nighthawk2-V, Nighthawk2-UZ, and Dragoneye2.

Next Vision Stabilized Systems (XTAE:NXSN) Headlines

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