NXMH (Next Meats Holdings) Total Inventories: $0.08 Mil (As of Jan. 2024)

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What is Next Meats Holdings Total Inventories?

Next Meats Holdings NXMH +94.37% Total Inventories is $0.08 Mil as of Jan. 2024.

Next Meats Holdings's total inventories for the quarter that ended in Jan. 2024 was $0.08 Mil. Next Meats Holdings's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Jan. 2024 was $0.11 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Next Meats Holdings's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Next Meats Holdings's Days Inventory for the three months ended in Jan. 2024 was 47.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. Next Meats Holdings's Inventory Turnover for the quarter that ended in Jan. 2024 was 1.91.

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 Meats Holdings's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.42.


Next Meats Holdings  (OTCPK:NXMH) 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 Meats Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is

Net-Net Working Capital Per Share (Q: Jan. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.04+0.75 * 0.214+0.5 * 0.082-1.505
-0-0)/437.593
=-0.00

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

Next Meats Holdings's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=0.1115/0.213*365 / 4
=47.77

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

Next Meats Holdings's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2024 ) / Average Total Inventories (Q: Jan. 2024 )
=0.213 / 0.1115
=1.91

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 Meats Holdings's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=0.1115 / 0.265
=0.42

* 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 Meats Holdings Total Inventories Related Terms


Next Meats Holdings Total Inventories Historical Data

* Premium members only.

The historical data trend for Next Meats Holdings'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.

Next Meats Holdings Total Inventories Chart

Next Meats Holdings Annual Data
Trend Apr20 Apr21 Apr22 Apr23
Total Inventories
0.00 0.00 0.60 0.14

Next Meats Holdings Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.45 0.14 0.14 0.14 0.08

Next Meats Holdings 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $0.08 Mil mean?
Next Meats Holdings (NXMH) has a Total Inventories of $0.08 Mil as of Jan. 2024. The total amount of inventory as recorded on a company's balance sheet. View historical data for Next Meats Holdings and its competitors.
Is Next Meats Holdings' Total Inventories too high?
Next Meats Holdings' current Total Inventories is $0.08 Mil.
How does Next Meats Holdings' Total Inventories compare to NGTF and SHRG?
Next Meats Holdings' Total Inventories of $0.08 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Consumer Packaged Goods company?
A good Total Inventories depends on the Consumer Packaged Goods industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Next Meats Holdings and its competitors. Next Meats Holdings's current Total Inventories is $0.08 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next Meats Holdings stock overvalued right now?
Next Meats Holdings (NXMH) has a current Total Inventories of $0.08 Mil. The current Total Inventories is $0.08 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Next Meats Holdings (NXMH), the current Total Inventories is $0.08 Mil as of Jan. 2024. 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.

Next Meats Holdings Business Description

Address 79-49 Motomachi, Niseko, Abuta District, Hokkaido, JPN, 048-1544
Next Meats Holdings Inc. is a Japanese company that operates in the industry that provides an alternative to meat. It develops and sells alternative meat products, with ingredients derived, predominantly, plant-based materials.