Nexity (Nexity) Inventory Turnover : 0.73 (As of Dec. 2023)

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What is Nexity Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Nexity's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,501 Mil. Nexity's Average Total Inventories for the quarter that ended in Dec. 2023 was $2,044 Mil. Nexity's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.73.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nexity's Days Inventory for the three months ended in Dec. 2023 was 124.23.

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 quarter that ended in Dec. 2023 was 0.90.

Nexity Inventory Turnover Historical Data

The historical data trend for Nexity's Inventory Turnover 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 Inventory Turnover Chart

Nexity Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.73

1.94

1.63

1.48

1.36

Nexity Quarterly Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.90	0.62	0.92	0.65	0.73

Nexity Inventory Turnover Calculation

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

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	2841.087	/ (	(2090.465	+	2082.714)	/	2 )
=	2841.087	/	2086.5895
=	1.36

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

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	1500.967	/ (	(2004.316	+	2082.714)	/	2 )
=	1500.967	/	2043.515
=	0.73

Nexity (OTCPK:NXYAF) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

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

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

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 quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	2043.515	/	2260.297
	=	0.90

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Nexity Inventory Turnover Related Terms

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Nexity (Nexity) Business Description

Industry

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

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.