Nexa Resources (Nexa Resources) Change In Inventory : $115 Mil (TTM As of Mar. 2024)

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What is Nexa Resources Change In Inventory?

Nexa Resources's change in inventory for the quarter that ended in Mar. 2024 was $-17 Mil. It means Nexa Resources's inventory increased by $17 Mil from Dec. 2023 to Mar. 2024 .

Nexa Resources's change in inventory for the fiscal year that ended in Dec. 2023 was $127 Mil. It means Nexa Resources's inventory declined by $127 Mil from Dec. 2022 to Dec. 2023 .

Nexa Resources's Total Inventories for the quarter that ended in Mar. 2024 was $351 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nexa Resources's Days Inventory for the quarter that ended in Mar. 2024 was 63.92.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nexa Resources's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.43.

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. Nexa Resources's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.60.

Nexa Resources Change In Inventory Historical Data

The historical data trend for Nexa Resources'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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Nexa Resources Change In Inventory Chart

Nexa Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-35.43

8.88

-102.07

-75.07

127.00

Nexa Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-4.69	64.87	54.89	11.93	-16.81

Nexa Resources 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $115 Mil.

Nexa Resources (NYSE:NEXA) Change In Inventory Explanation

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

Nexa Resources's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	345.4775	/	493.193	*	365 / 4
	=	63.92

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

Nexa Resources's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	493.193	/	345.4775
	=	1.43

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.

Nexa Resources's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	345.4775	/	579.782
	=	0.60

Nexa Resources Change In Inventory Related Terms

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Nexa Resources (Nexa Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nexa Resources SA (NYSE:NEXA) » Definitions » Change In Inventory

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NE0:Germany NE0:Germany

Address

37A, Avenue J.F. Kennedy, Luxembourg, LUX, L-1855

Website

https://www.nexaresources.com

Nexa Resources SA is a low-cost integrated zinc producer. It produces copper, lead, silver, and gold as byproducts. The company operates through two segments namely Mining and Smelting. Its Mining segment consists of various operating units includes mineral exploration activities and the production of zinc concentrates, copper concentrates and lead concentrates. The Smelting segment comprises operating units which include facilities recovering and refining zinc metal out of feed materials such as zinc concentrates or secondary feed materials. It generates maximum revenue from the Smelting segment. Geographically It has a presence in Brazil, Peru, the United States of America, Switzerland, Japan, Argentina, South Korea, Colombia, Vietnam, Malaysia and other countries.