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Next (FRA:NXG) Total Inventories : €1,033 Mil (As of Jan. 2025)


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What is Next Total Inventories?

Next's total inventories for the quarter that ended in Jan. 2025 was €1,033 Mil. Next's average total inventories from the quarter that ended in Jul. 2024 to the quarter that ended in Jan. 2025 was €1,052 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Next's Net-Net Working Capital per share for the quarter that ended in Jan. 2025 was €-16.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Next's Days Inventory for the six months ended in Jan. 2025 was 87.52.

Inventory Turnover measures how fast the company turns over its inventory within a year. Next's Inventory Turnover for the quarter that ended in Jan. 2025 was 2.09.

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's Inventory-to-Revenue for the quarter that ended in Jan. 2025 was 0.27.


Next Total Inventories Historical Data

The historical data trend for Next's Total Inventories 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 Total Inventories Chart

Next Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 601.36 758.23 752.17 897.00 1,033.11

Next Semi-Annual Data
Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25
Total Inventories 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 752.17 797.52 897.00 1,070.92 1,033.11

Next Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Next  (FRA:NXG) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Next's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2025 is

Net-Net Working Capital Per Share (Q: Jan. 2025 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(239.291+0.75 * 1634.916+0.5 * 1033.107-3723.339
-0-140.9)/117.446
=-16.03

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

Next's Days Inventory for the six months ended in Jan. 2025 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2025 )/Cost of Goods Sold (Q: Jan. 2025 )*Days in Period
=1052.0135/2193.739*365 / 2
=87.52

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Next's Inventory Turnover for the quarter that ended in Jan. 2025 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2025 ) / Average Total Inventories (Q: Jan. 2025 )
=2193.739 / 1052.0135
=2.09

4. 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's Inventory to Revenue for the quarter that ended in Jan. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2025 ) / Revenue (Q: Jan. 2025 )
=1052.0135 / 3890.269
=0.27

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Next Total Inventories Related Terms

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Next Business Description

Traded in Other Exchanges
Address
Desford Road, Enderby, Leicester, GBR, LE19 4AT
Next PLC operates as a retailer, specializing in the sale of clothing, footwear, accessories, and home products. A portion of the company's product offerings comprises items bearing the Next brand. Additionally, the majority of the company's remaining sales occur through retail stores located outside the United Kingdom, which it franchises. The company's segments encompass NEXT Online, NEXT Finance, NEXT Retail, and Other Business Activities. A substantial portion of the company's revenue is derived from customers within the United Kingdom; however, its presence extends to regions such as the Rest of Europe, the Middle East, Asia, and the Rest of the World.