Next Geosolutions Europe SpA (MIL:NXT) Total Inventories : €34.3 Mil (As of Jun. 2024)

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What is Next Geosolutions Europe SpA Total Inventories?

Next Geosolutions Europe SpA's total inventories for the quarter that ended in Jun. 2024 was €34.3 Mil. Next Geosolutions Europe SpA's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was €79.1 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Next Geosolutions Europe SpA's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €-0.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Next Geosolutions Europe SpA's Days Inventory for the six months ended in Jun. 2024 was 90.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Next Geosolutions Europe SpA's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.02.

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 Geosolutions Europe SpA's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.41.

Next Geosolutions Europe SpA Total Inventories Historical Data

The historical data trend for Next Geosolutions Europe SpA'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.

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Next Geosolutions Europe SpA Total Inventories Chart

Next Geosolutions Europe SpA Annual Data

Trend

Dec22

Dec23

Dec24

Total Inventories

60.39

123.91

23.25

Next Geosolutions Europe SpA Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24	Dec24
Total Inventories	60.39	-	123.91	34.34	23.25

Next Geosolutions Europe SpA 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 Geosolutions Europe SpA (MIL:NXT) 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 Geosolutions Europe SpA's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

	Net-Net Working Capital Per Share (Q: Jun. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(27.244	+	0.75 * 41.212	+	0.5 * 34.341	-	88.336
-	0	-	0.079)	/	48.000
=	-0.27

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

Next Geosolutions Europe SpA's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	79.1255	/	159.569	*	365 / 2
	=	90.50

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

Next Geosolutions Europe SpA's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2024 )	/	Average Total Inventories (Q: Jun. 2024 )
	=	159.569	/	79.1255
	=	2.02

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 Geosolutions Europe SpA's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	79.1255	/	190.789
	=	0.41

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 Geosolutions Europe SpA Total Inventories Related Terms

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Next Geosolutions Europe SpA Business Description

Industry

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Traded in Other Exchanges

LV8:Germany

Address

Via S.Brigida, 39, Napoli, ITA, 80133

Website

https://www.nextgeo.eu

Next Geosolutions Europe SpA operates in the underwater survey sector, offering marine geoscience services to support the engineering and construction of infrastructures in the EMEA market in favor of companies operating mainly in the sectors of submarine electrical cables and energy renewables (in particular, wind energy) and, to a lesser extent, in the sector Offshore Oil&Gas. The Group operates in different geographical areas; in particular: in the area of the Mediterranean Sea, with particular reference to the area of the Eastern Mediterranean, the Baltic Sea, the North Sea, and the Eastern Atlantic Ocean.