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Ncino (NCNO) Inventory Turnover : 0.00 (As of Jan. 2024)


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What is Ncino 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. Ncino's Cost of Goods Sold for the three months ended in Jan. 2024 was $49.2 Mil. Ncino's Average Total Inventories for the quarter that ended in Jan. 2024 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ncino's Days Inventory for the three months ended in Jan. 2024 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. Ncino's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.00.


Ncino Inventory Turnover Historical Data

The historical data trend for Ncino'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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Ncino Inventory Turnover Chart

Ncino Annual Data
Trend Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Inventory Turnover
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Ncino Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Ncino Inventory Turnover Calculation

Ncino's Inventory Turnover for the fiscal year that ended in Jan. 2024 is calculated as

Inventory Turnover (A: Jan. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jan. 2024 ) / ((Total Inventories (A: Jan. 2023 ) + Total Inventories (A: Jan. 2024 )) / count )
=191.47 / ((0 + 0) / 1 )
=191.47 / 0
=N/A

Ncino's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover (Q: Jan. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jan. 2024 ) / ((Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count )
=49.21 / ((0 + 0) / 1 )
=49.21 / 0
=N/A

* 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.


Ncino  (NAS:NCNO) 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.

Ncino's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=0/49.21*365 / 4
=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.

Ncino's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=0 / 123.693
=0.00

* 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.


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.


Ncino Inventory Turnover Related Terms

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Ncino (NCNO) Business Description

Traded in Other Exchanges
Address
6770 Parker Farm Drive, Wilmington, NC, USA, 28405
Ncino Inc is a provider of cloud-based software for financial institutions. Its software solution digitizes, automates, and streamlines inefficient and complex processes & workflow and utilizes data analytics & artificial intelligence that enables financial institutions to more effectively onboard new clients, make loans and manage the entire loan life cycle, open deposit, and other accounts and manage regulatory compliance. It also offers professional services, including configuration & implementation, training, and advisory services. Ncino generates the majority of its revenue from subscription services. The company caters to global financial institutions, enterprise banks, regional banks, community banks, and credit unions. The vast majority of its revenue comes from the United States.
Executives
April Rieger officer: Chief Lgl. & Compl. Ofc., Sec. 6770 PARKER FARM DRIVE, SUITE 200, WILMINGTON NC 28405
Sean Desmond officer: Chief Customer Success Officer 6770 PARKER FARM DRIVE, SUITE 300, WILMINGTON NC 28405
Pierre Naude director, officer: CEO 6770 PARKER FARM DRIVE, SUITE 200, WILMINGTON NC 28405
Steven A Collins director 20 N. MERIDIAN STREET, SUITE 200, INDIANAPOLIS IN 46204
Matthew Royce Hansen officer: Chief Product Officer C/O SOUTHPORT ACQUISITION CORPORATION, 1745 GRAND AVENUE, DEL MAR CA 92014
Jeanette Sellers officer: VP of Accounting 6770 PARKER FARM DRIVE, SUITE 300, WILMINGTON NC 28405
Joshua L Glover officer: President & Chief Rev Officer 6770 PARKER FARM DRIVE, SUITE 300, WILMINGTON NC 28405
Gregory Orenstein officer: Chief Corp Dev & Strat Officer 6770 PARKER FARM DRIVE, SUITE 300, WILMINGTON NC 28405
Jeff Horing director, 10 percent owner INSIGHT PARTNERS, 680 5TH AVENUE 8TH FLOOR, NEW YORK NY 10019
William R Spruill director 6770 PARKER FARM DRIVE, SUITE 200, WILMINGTON NC 28405
David Rudow officer: CFO & Treasurer 6770 PARKER FARM DRIVE, SUITE 300, WILMINGTON NC 28405
Jeffrey W Lunsford director C/O WEBSIDESTORY, INC., 10182 TELESIS COURT, 6TH FLOOR, SAN DIEGO CA 92121
Pamela Kilday director 6770 PARKER FARM DRIVE, SUITE 300, WILMINGTON, NC NC 28405
William J Ruh director PO BOX 1329, RANCHO SANTA FE CA 92067
Insight Sn Holdings 2, Llc director, 10 percent owner 1114 AVENUE OF THE AMERICAS, 36TH FLOOR, NEW YORK NY 10036