The Naga Group AG (XTER:N4G) Inventory Turnover : 0.00 (As of Jun. 2023)

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What is The Naga Group AG 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. The Naga Group AG's Cost of Goods Sold for the six months ended in Jun. 2023 was €14.58 Mil. The Naga Group AG's Average Total Inventories for the quarter that ended in Jun. 2023 was €0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The Naga Group AG's Days Inventory for the six months ended in Jun. 2023 was 0.00.

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. The Naga Group AG's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.00.

The Naga Group AG Inventory Turnover Historical Data

The historical data trend for The Naga Group AG'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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The Naga Group AG Inventory Turnover Chart

The Naga Group AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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The Naga Group AG Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Inventory Turnover	Get a 7-Day Free Trial										-	-	30.37	17.74	-

The Naga Group AG Inventory Turnover Calculation

The Naga Group AG's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	15.011	/ (	(0	+	0)	/	1 )
=	15.011	/	0
=	N/A

The Naga Group AG's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	14.578	/ (	(0	+	0)	/	1 )
=	14.578	/	0
=	N/A

The Naga Group AG (XTER:N4G) 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.

The Naga Group AG's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	0	/	14.578	*	365 / 2
	=	0.00

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.

The Naga Group AG's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	0	/	26.573
	=	0.00

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.

The Naga Group AG Inventory Turnover Related Terms

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The Naga Group AG (XTER:N4G) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » The Naga Group AG (XTER:N4G) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N4G:Germany N4G:Germany N4G:Germany

Address

Hohe Bleichen 12, Hamburg, DEU, 20354

Website

https://www.naga.com

The Naga Group AG develops and markets disruptive applications in financial technology. Its products include NAGA Trader, NAGA Brokers, NAGA Virtual, NAGA Wallet, and NAGA Markets to trade with an EU licensed brokerage company. Its core business is an online brokerage and generates revenue from the same.

Executives

Qiang Liu	Supervisory Board
Harald Patt	Supervisory Board
Benjamin Jakub Bilski	Board of Directors
Michalis Mylonas	Board of Directors
Andreas Luecke	Board of Directors
Hans-jochen Lorenzen	Supervisory Board

The Naga Group AG (XTER:N4G) Headlines

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