Nexity (Nexity) Days Inventory : 124.23 (As of Dec. 2023)

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What is Nexity Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nexity's Average Total Inventories for the three months ended in Dec. 2023 was $2,044 Mil. Nexity's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,501 Mil. Hence, Nexity's Days Inventory for the three months ended in Dec. 2023 was 124.23.

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

NXYAF' s Days Inventory Range Over the Past 10 Years
Min: 191.73 Med: 230.87 Max: 311.86
Current: 267.74

During the past 13 years, Nexity's highest Days Inventory was 311.86. The lowest was 191.73. And the median was 230.87.

NXYAF's Days Inventory is ranked better than
70.14% of 1326 companies
in the Real Estate industry
Industry Median: 699.495 vs NXYAF: 267.74

Nexity's Days Inventory increased from Dec. 2021 (101.06) to Dec. 2023 (124.23). It might indicate that Nexity's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nexity's Inventory Turnover for the three months ended in Dec. 2023 was 0.73.

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. Nexity's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.90.

Nexity Days Inventory Historical Data

The historical data trend for Nexity'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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Nexity Days Inventory Chart

Nexity Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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210.65

187.92

223.58

247.17

268.07

Nexity Quarterly Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															101.06	146.03	98.75	140.32	124.23

Competitive Comparison of Nexity's Days Inventory

For the Real Estate - Diversified subindustry, Nexity'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.

Nexity's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Nexity's Days Inventory distribution charts can be found below:

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

Nexity Days Inventory Calculation

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

Nexity's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (2090.465	+	2082.714)	/	2 )	/	2841.087	*	365
=	2086.5895					/	2841.087	*	365
=	268.07

Nexity's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2004.316	+	2082.714)	/	2 )	/	1500.967	*	365 / 4
=	2043.515					/	1500.967	*	365 / 4
=	124.23

Nexity (OTCPK:NXYAF) 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.

Nexity's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1500.967	/	2043.515
	=	0.73

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.

Nexity's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2043.515	/	2260.297
	=	0.90

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.

Nexity Days Inventory Related Terms

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

Nexity (Nexity) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Nexity SA (OTCPK:NXYAF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

NNXXY:USA 0KB3:UK NXI:France NQ9:Germany

Address

1, terrasse Bellini, South Esplanade, TSA 48200, Paris La Defense cedex, FRA, 92919

Website

http://www.nexity.fr

Nexity SA is a fully integrated real estate company with operations in residential real estate, commercial real estate, real estate services, distribution networks, client relations and urban projects. Its business is divided into Residential real estate, commercial real estate, Services and Networks and Other Activities segments. The firm serves to individuals, companies, and investors. It mainly operates in France.