Nexus Infrastructure (LSE:NEXS) Days Inventory : 0.36 (As of Mar. 2024)

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What is Nexus Infrastructure Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nexus Infrastructure's Average Total Inventories for the six months ended in Mar. 2024 was £0.04 Mil. Nexus Infrastructure's Cost of Goods Sold for the six months ended in Mar. 2024 was £22.34 Mil. Hence, Nexus Infrastructure's Days Inventory for the six months ended in Mar. 2024 was 0.36.

The historical rank and industry rank for Nexus Infrastructure's Days Inventory or its related term are showing as below:

LSE:NEXS' s Days Inventory Range Over the Past 10 Years
Min: 0.19 Med: 2.13 Max: 9.41
Current: 0.28

During the past 10 years, Nexus Infrastructure's highest Days Inventory was 9.41. The lowest was 0.19. And the median was 2.13.

LSE:NEXS's Days Inventory is ranked better than
97.85% of 1395 companies
in the Construction industry
Industry Median: 48.56 vs LSE:NEXS: 0.28

Nexus Infrastructure's Days Inventory increased from Mar. 2023 (0.19) to Mar. 2024 (0.36). It might indicate that Nexus Infrastructure's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nexus Infrastructure's Inventory Turnover for the six months ended in Mar. 2024 was 507.70.

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. Nexus Infrastructure's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.00.

Nexus Infrastructure Days Inventory Historical Data

The historical data trend for Nexus Infrastructure's Days Inventory 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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Nexus Infrastructure Days Inventory Chart

Nexus Infrastructure Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Inventory

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0.58

2.62

9.41

5.23

0.19

Nexus Infrastructure Semi-Annual Data
	Sep14	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Inventory	Get a 7-Day Free Trial														12.26	6.07	0.19	0.23	0.36

Competitive Comparison of Nexus Infrastructure's Days Inventory

For the Engineering & Construction subindustry, Nexus Infrastructure's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nexus Infrastructure's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Nexus Infrastructure's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nexus Infrastructure's Days Inventory falls into.

Nexus Infrastructure Days Inventory Calculation

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

Nexus Infrastructure's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

	Days Inventory (A: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (0.043	+	0.044)	/	2 )	/	82.719	*	365
=	0.0435					/	82.719	*	365
=	0.19

Nexus Infrastructure's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0.044	+	0.044)	/	2 )	/	22.339	*	365 / 2
=	0.044					/	22.339	*	365 / 2
=	0.36

Nexus Infrastructure (LSE:NEXS) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Nexus Infrastructure's Inventory Turnover for the six months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	22.339	/	0.044
	=	507.70

2. 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.

Nexus Infrastructure's Inventory to Revenue for the six months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.044	/	25.838
	=	0.00

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Nexus Infrastructure Days Inventory Related Terms

Thank you for viewing the detailed overview of Nexus Infrastructure's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Nexus Infrastructure (LSE:NEXS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Nexus Infrastructure PLC (LSE:NEXS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nexus Park, Avenue East, Skyline 120, Great Notley, Braintree, Essex, GBR, CM77 7AL

Website

https://www.nexus-infrastructure.com

Nexus Infrastructure PLC engages in the provision of infrastructure services in the house-building and commercial sectors in the United Kingdom. The Group business includes Tamdown, a Civil Engineering business, that provides a range of civil engineering and infrastructure services to the UK housebuilding sector. These services include earthworks, building highways, substructures, and basements, and installing sustainable drainage systems. It operates in the South East of England and London.