Nexi SpA (MIL:NEXI) Change In Inventory : €0 Mil (TTM As of Jun. 2023)

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What is Nexi SpA Change In Inventory?

Nexi SpA's change in inventory for the quarter that ended in Jun. 2023 was €0 Mil. It means Nexi SpA's inventory stayed the same from Dec. 2022 to Jun. 2023 .

Nexi SpA's change in inventory for the fiscal year that ended in Dec. 2022 was €0 Mil. It means Nexi SpA's inventory stayed the same from Dec. 2021 to Dec. 2022 .

Nexi SpA's Total Inventories for the quarter that ended in Jun. 2023 was €51 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nexi SpA's Days Inventory for the quarter that ended in Jun. 2023 was 8.58.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nexi SpA's Inventory Turnover for the quarter that ended in Jun. 2023 was 21.27.

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. Nexi SpA's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.02.

Nexi SpA Change In Inventory Historical Data

The historical data trend for Nexi SpA's Change In 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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Nexi SpA Change In Inventory Chart

Nexi SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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Nexi SpA Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial									-	-	-	-	-

Nexi SpA Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0 Mil.

Nexi SpA (MIL:NEXI) Change In Inventory Explanation

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

Nexi SpA's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	52.1975	/	1110.002	*	365 / 2
	=	8.58

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

Nexi SpA's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1110.002	/	52.1975
	=	21.27

3. 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.

Nexi SpA's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	52.1975	/	2777.447
	=	0.02

Nexi SpA Change In Inventory Related Terms

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Nexi SpA (MIL:NEXI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nexi SpA (MIL:NEXI) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

NEXPF:USA NEXXY:USA 0NX5:UK NEXIm:UK N0XA:Germany NEXI:Austria

Address

Corso Sempione 55, Milan, ITA, 20149

Website

https://www.nexi.it

Nexi is a payment services provider offering merchant acquiring, card issuing, and digital banking services across Europe. Nexi's services cover the entire payment chain excluding the card scheme. It offers its acquiring and issuing services either in partnerships with banks, providing point-of-sale terminals, processing, or issuing services on their behalf or directly to merchants.