Nexity Global (WAR:NXG) Inventory Turnover : 0.00 (As of Sep. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Nexity Global Inventory Turnover?

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. Nexity Global's Cost of Goods Sold for the three months ended in Sep. 2024 was zł0.02 Mil. Nexity Global's Average Total Inventories for the quarter that ended in Sep. 2024 was zł0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nexity Global's Days Inventory for the three months ended in Sep. 2024 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. Nexity Global's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.00.

Nexity Global Inventory Turnover Historical Data

The historical data trend for Nexity Global'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.

* Premium members only.

Nexity Global Inventory Turnover Chart

Nexity Global Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Inventory Turnover

Get a 7-Day Free Trial

2.88

2.37

Nexity Global Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Nexity Global Inventory Turnover Calculation

Nexity Global's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Inventory Turnover (A: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2021 )	/ (	(Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )
=	2.04	/ (	(0.495	+	1.224)	/	2 )
=	2.04	/	0.8595
=	2.37

Nexity Global's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	0.015	/ (	(0	+	0)	/	1 )
=	0.015	/	0
=	N/A

Nexity Global (WAR:NXG) 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.

Nexity Global's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	0	/	0.015	*	365 / 4
	=	0.00

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.

Nexity Global's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	0	/	0.001
	=	0.00

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.

Nexity Global Inventory Turnover Related Terms

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

Nexity Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nexity Global SA (WAR:NXG) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ul. Grunwaldzka 28, Nowy Sacz, POL, 33-300

Website

http://www.nexity.io

Nexity Global SA is a provider of cloud based solutions for full electric vehicle ecosystem. The company provides infrastructure management and electric vehicle charging services along the entire value chain for electromobility. NEXITY NETWORK is a platform that allows its users free access to any electric vehicle charging point. It provides tools that allow users of electric vehicles to charge anywhere without restrictions and without any barriers. On the other hand, it offers a complete, universal and flexible solution in the SaaS model for conducting business in electromobility to anyone who only has a charging station, thus enabling the management of both a single station and a professional network of electric car charging stations, while ensuring easy access to the user.