GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Next Digital Ltd (GREY:NXMDF) » Definitions » Total Inventories

Next Digital (Next Digital) Total Inventories : $6.37 Mil (As of Sep. 2020)


View and export this data going back to 2015. Start your Free Trial

What is Next Digital Total Inventories?

Next Digital's total inventories for the quarter that ended in Sep. 2020 was $6.37 Mil. Next Digital's average total inventories from the quarter that ended in Mar. 2020 to the quarter that ended in Sep. 2020 was $6.31 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Next Digital's Net-Net Working Capital per share for the quarter that ended in Sep. 2020 was $-0.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Next Digital's Days Inventory for the six months ended in Sep. 2020 was 20.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. Next Digital's Inventory Turnover for the quarter that ended in Sep. 2020 was 8.94.

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 Digital's Inventory-to-Revenue for the quarter that ended in Sep. 2020 was 0.09.


Next Digital Total Inventories Historical Data

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

Next Digital Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.02 8.98 10.50 8.00 6.26

Next Digital Semi-Annual Data
Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20
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 8.62 8.00 6.86 6.26 6.37

Next Digital 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 Digital  (GREY:NXMDF) 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 Digital's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2020 is

Net-Net Working Capital Per Share (Q: Sep. 2020 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(24.6+0.75 * 16.572+0.5 * 6.374-192.373
-0--0.219)/2634.17
=-0.06

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

Next Digital's Days Inventory for the six months ended in Sep. 2020 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2020 )/Cost of Goods Sold (Q: Sep. 2020 )*Days in Period
=6.3145/56.453*365 / 2
=20.41

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

Next Digital's Inventory Turnover for the quarter that ended in Sep. 2020 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2020 ) / Average Total Inventories (Q: Sep. 2020 )
=56.453 / 6.3145
=8.94

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 Digital's Inventory to Revenue for the quarter that ended in Sep. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2020 ) / Revenue (Q: Sep. 2020 )
=6.3145 / 73.48
=0.09

* 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 Digital Total Inventories Related Terms

Thank you for viewing the detailed overview of Next Digital's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Next Digital (Next Digital) Business Description

Traded in Other Exchanges
N/A
Address
8 Chun Ying Street, 1st Floor, Tseung Kwan O Industrial Estate, New Territories, Tseung Kwan O, Hong Kong, HKG
Next Digital Ltd is engaged in the print media business. Business activity of the firm is operated by the Digital Businesses and Print Business segment. The Digital Business segment includes Internet advertising, Internet subscription, content provision, and the development of mobile games and apps. The Print Business segment which derives majority revenue relates to the sale of newspapers, books and magazines and provision of newspapers, books and magazines printing and advertising services. Geographically, it operates in Hong Kong, Taiwan, and Other countries out of which Hong Kong accounts for the majority revenue.

Next Digital (Next Digital) Headlines

No Headlines