Nerds On Site (FRA:3NS) Inventory-to-Revenue : 0.03 (As of Feb. 2024)

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What is Nerds On Site Inventory-to-Revenue?

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. Nerds On Site's Average Total Inventories for the quarter that ended in Feb. 2024 was €0.06 Mil. Nerds On Site's Revenue for the three months ended in Feb. 2024 was €1.89 Mil. Nerds On Site's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.03.

Nerds On Site's Inventory-to-Revenue for the quarter that ended in Feb. 2024 stayed the same from Nov. 2023 (0.03) to Nov. 2023 (0.03)

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nerds On Site's Days Inventory for the three months ended in Feb. 2024 was 3.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nerds On Site's Inventory Turnover for the quarter that ended in Feb. 2024 was 23.56.

Nerds On Site Inventory-to-Revenue Historical Data

The historical data trend for Nerds On Site's Inventory-to-Revenue 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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Nerds On Site Inventory-to-Revenue Chart

Nerds On Site Annual Data

Trend

May16

May17

May18

May19

May20

May21

May22

May23

Inventory-to-Revenue

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0.01

Nerds On Site Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Inventory-to-Revenue	Get a 7-Day Free Trial															0.06	0.05	0.04	0.03	0.03

Competitive Comparison of Nerds On Site's Inventory-to-Revenue

For the Information Technology Services subindustry, Nerds On Site's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.

Nerds On Site's Inventory-to-Revenue Distribution in the Software Industry

For the Software industry and Technology sector, Nerds On Site's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Nerds On Site's Inventory-to-Revenue falls into.

Nerds On Site Inventory-to-Revenue Calculation

Nerds On Site's Inventory-to-Revenue for the fiscal year that ended in May. 2023 is calculated as

	Inventory-to-Revenue (A: May. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: May. 2022 )	+	Total Inventories (A: May. 2023 ))	/	count )	/	Revenue (A: May. 2023 )
=	( (0.104	+	0.084)	/	2 )	/	7.164
=	0.094					/	7.164
=	0.01

Nerds On Site's Inventory-to-Revenue for the quarter that ended in Feb. 2024 is calculated as

	Inventory-to-Revenue (Q: Feb. 2024 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Nov. 2023 )	+	Total Inventories (Q: Feb. 2024 ))	/	count )	/	Revenue (Q: Feb. 2024 )
=	( (0.066	+	0.057)	/	2 )	/	1.893
=	0.0615					/	1.893
=	0.03

Nerds On Site (FRA:3NS) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Nerds On Site's Days Inventory for the three months ended in Feb. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2024 )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
	=	0.0615	/	1.449	*	365 / 4
	=	3.87

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

Nerds On Site's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Feb. 2024 )	/	Average Total Inventories (Q: Feb. 2024 )
	=	1.449	/	0.0615
	=	23.56

Nerds On Site Inventory-to-Revenue Related Terms

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Nerds On Site (FRA:3NS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nerds On Site Inc (FRA:3NS) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

NOSUF:USA 3NS:Germany NERD:Canada

Address

4026 Meadowbrook Drive, Unit 120-121, London, ON, CAN, N6L 1C7

Website

https://www.nerdsonsite.com

Nerds On Site Inc provides mobile information technology (IT) support for small to medium-sized enterprises. Its services include computer set-up, network installation, tailored software services, and IT support. The company offers business solutions and residential services. The corporation oversees and retains a network of technically proficient and specially trained independent IT consultants (Consultants) to help clients by providing on-site, effective, consistent, and customized IT solutions. Its revenue is principally derived from service fees charged for consulting services performed by the consultants and the sale of off-the-shelf software, hardware, and related support.

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