NEXNF (NEXE Innovations) Inventory Turnover: 0.21 (As of Feb. 2026)


NEXNF NEXE Innovations Inc NEXNF
32 GF Score
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What is NEXE Innovations Inventory Turnover?

NEXE Innovations NEXNF +0.84% 32 Inventory Turnover is 0.21 as of Feb. 2026. GuruFocus rates NEXNF with a GF Score™ of 32/100. The stock has 2 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. NEXE Innovations's Cost of Goods Sold for the three months ended in Feb. 2026 was $0.11 Mil. NEXE Innovations's Average Total Inventories for the quarter that ended in Feb. 2026 was $0.52 Mil. NEXE Innovations's Inventory Turnover for the quarter that ended in Feb. 2026 was 0.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NEXE Innovations's Days Inventory for the three months ended in Feb. 2026 was 434.48.

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. NEXE Innovations's Inventory-to-Revenue for the quarter that ended in Feb. 2026 was 4.94.

NEXE Innovations  (OTCPK:NEXNF) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

NEXE Innovations's Days Inventory for the three months ended in Feb. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Feb. 2026 )/Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=0.519/0.109*365 / 4
=434.48

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.

NEXE Innovations's Inventory to Revenue for the quarter that ended in Feb. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2026 ) / Revenue (Q: Feb. 2026 )
=0.519 / 0.105
=4.94

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

NEXE Innovations Inventory Turnover Related Terms

NEXE Innovations Inventory Turnover Historical Data

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The historical data trend for NEXE Innovations's Inventory Turnover 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.

NEXE Innovations Inventory Turnover Chart

NEXE Innovations Annual Data
Trend May20 May21 May22 May23 May24 May25
Inventory Turnover
Get a 7-Day Free Trial 0.00 0.09 0.24 0.48 1.24

NEXE Innovations Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Inventory Turnover 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.46 0.48 0.16 0.40 0.21
NEXNF
32GF Score
NEXE Innovations Inc NEXNF
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NEXE Innovations Inventory Turnover Calculation

NEXE Innovations's Inventory Turnover for the fiscal year that ended in May. 2025 is calculated as

Inventory Turnover (A: May. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: May. 2025 ) / ((Total Inventories (A: May. 2024 ) + Total Inventories (A: May. 2025 )) / count )
=0.562 / ((0.431 + 0.475) / 2 )
=0.562 / 0.453
=1.24

NEXE Innovations's Inventory Turnover for the quarter that ended in Feb. 2026 is calculated as

Inventory Turnover (Q: Feb. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Feb. 2026 ) / ((Total Inventories (Q: Nov. 2025 ) + Total Inventories (Q: Feb. 2026 )) / count )
=0.109 / ((0.437 + 0.601) / 2 )
=0.109 / 0.519
=0.21

* 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 Inventory Turnover →
What does a Inventory Turnover of 0.21 mean?
NEXE Innovations (NEXNF) has a Inventory Turnover of 0.21 as of Feb. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on NEXE Innovations and its competitors.
Is NEXE Innovations' Inventory Turnover too high?
NEXE Innovations' current Inventory Turnover is 0.21. Overall, NEXE Innovations has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does NEXE Innovations' Inventory Turnover compare to SW and PKG?
NEXE Innovations' Inventory Turnover of 0.21 can be compared against companies in the Packaging & Containers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Packaging & Containers company?
A good Inventory Turnover depends on the Packaging & Containers industry context. However, Inventory Turnover 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 Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on NEXE Innovations and its competitors. NEXE Innovations's current Inventory Turnover is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEXE Innovations stock overvalued right now?
NEXE Innovations (NEXNF) has a current Inventory Turnover of 0.21. The current Inventory Turnover is 0.21. NEXE Innovations' overall GF Score™ is 32/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For NEXE Innovations (NEXNF), the current Inventory Turnover is 0.21 as of Feb. 2026. 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.

NEXE Innovations Business Description

Other Exchanges NX5:GermanyNEXE:Canada
Address 109 19355 22nd Avenue, Surrey, BC, CAN, V3Z 3S6
NEXE Innovations Inc is a plant-based compostable technology and materials manufacturing company based in British Columbia, Canada. The company has developed patented, fully compostable, plant-based single-serve coffee pods for use in single-serve coffee machines. The company is an innovator and manufacturer of fully compostable materials, revolutionizing the landscape of everyday consumer products and single-use items. The NEXE Pod is BPI compostable and complies with rigorous international standards for compostable materials.
32GF Score

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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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