NXTP (NextPlay Technologies) Total Inventories: $0.00 Mil (As of Nov. 2022)

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NXTP NextPlay Technologies Inc NXTP
14 GF Score
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What is NextPlay Technologies Total Inventories?

NextPlay Technologies NXTP 14 Total Inventories is $0.00 Mil as of Nov. 2022. GuruFocus rates NXTP with a GF Score™ of 14/100.

NextPlay Technologies's total inventories for the quarter that ended in Nov. 2022 was $0.00 Mil. NextPlay Technologies's average total inventories from the quarter that ended in Aug. 2022 to the quarter that ended in Nov. 2022 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. NextPlay Technologies's Net-Net Working Capital per share for the quarter that ended in Nov. 2022 was $-10.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NextPlay Technologies's Days Inventory for the three months ended in Nov. 2022 was 0.00.

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

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. NextPlay Technologies's Inventory-to-Revenue for the quarter that ended in Nov. 2022 was 0.00.


NextPlay Technologies  (OTCPK:NXTP) 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.

NextPlay Technologies's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2022 is

Net-Net Working Capital Per Share (Q: Nov. 2022 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.911+0.75 * 0+0.5 * 0-57.897
-0-6.759)/5.666
=-10.90

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

NextPlay Technologies's Days Inventory for the three months ended in Nov. 2022 is calculated as:

Days Inventory=Average Total Inventories (Q: Nov. 2022 )/Cost of Goods Sold (Q: Nov. 2022 )*Days in Period
=0/0.447*365 / 4
=0.00

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

NextPlay Technologies's Inventory Turnover for the quarter that ended in Nov. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Nov. 2022 ) / Average Total Inventories (Q: Nov. 2022 )
=0.447 / 0
=N/A

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.

NextPlay Technologies's Inventory to Revenue for the quarter that ended in Nov. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Nov. 2022 ) / Revenue (Q: Nov. 2022 )
=0 / 0.629
=0.00

* 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.


NextPlay Technologies Total Inventories Related Terms


NextPlay Technologies Total Inventories Historical Data

* Premium members only.

The historical data trend for NextPlay Technologies'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.

NextPlay Technologies Total Inventories Chart

NextPlay Technologies Annual Data
Trend Feb21 Feb22
Total Inventories
0.00 0.69

NextPlay Technologies Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22
Total Inventories Get a 7-Day Free Trial 0.00 0.69 0.00 0.00 0.00
NXTP
14GF Score
NextPlay Technologies Inc NXTP
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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NextPlay Technologies 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 $0.00 Mil mean?
NextPlay Technologies (NXTP) has a Total Inventories of $0.00 Mil as of Nov. 2022. The total amount of inventory as recorded on a company's balance sheet. View historical data for NextPlay Technologies and its competitors.
Is NextPlay Technologies' Total Inventories too high?
NextPlay Technologies' current Total Inventories is $0.00 Mil. Overall, NextPlay Technologies has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does NextPlay Technologies' Total Inventories compare to TAOP and CETX?
NextPlay Technologies' Total Inventories of $0.00 Mil can be compared against companies in the Software 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 Software company?
A good Total Inventories depends on the Software 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 NextPlay Technologies and its competitors. NextPlay Technologies's current Total Inventories is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NextPlay Technologies stock overvalued right now?
NextPlay Technologies (NXTP) has a current Total Inventories of $0.00 Mil. The current Total Inventories is $0.00 Mil. NextPlay Technologies' overall GF Score™ is 14/100. 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 NextPlay Technologies (NXTP), the current Total Inventories is $0.00 Mil as of Nov. 2022. 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.

NextPlay Technologies Business Description

Address 1560 Sawgrass Corporate Parkway, Suite 130, Sunrise, FL, USA, 33323
NextPlay Technologies Inc is building a technology solutions company, offering games, in-game advertising, digital asset products and services, connected TV and travel booking services to consumers and corporations within a growing digital ecosystem. Its engaging products and services utilize advertising technology, Artificial Intelligence, and financial technology (FinTech) solutions to leverage the strengths and channels of its existing and acquired technologies. NextPlay is organized into 3 divisions NextMedia, its Interactive Digital Media Division (the Media Division); NextFinTech, its Finance and Technology (FinTech) Division; and NextTrip, its Travel Division.
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