NEC Networks & System Integration (NEC Networks & System Integration) Change In Inventory : $24 Mil (TTM As of Mar. 2024)

View and export this data going back to 1990. Start your Free Trial

What is NEC Networks & System Integration Change In Inventory?

NEC Networks & System Integration's change in inventory for the quarter that ended in Mar. 2024 was $15 Mil. It means NEC Networks & System Integration's inventory declined by $15 Mil from Dec. 2023 to Mar. 2024 .

NEC Networks & System Integration's change in inventory for the fiscal year that ended in Mar. 2024 was $24 Mil. It means NEC Networks & System Integration's inventory declined by $24 Mil from Mar. 2023 to Mar. 2024 .

NEC Networks & System Integration's Total Inventories for the quarter that ended in Mar. 2024 was $84 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NEC Networks & System Integration's Days Inventory for the quarter that ended in Mar. 2024 was 14.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. NEC Networks & System Integration's Inventory Turnover for the quarter that ended in Mar. 2024 was 6.12.

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. NEC Networks & System Integration's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.13.

NEC Networks & System Integration Change In Inventory Historical Data

The historical data trend for NEC Networks & System Integration'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.

* Premium members only.

NEC Networks & System Integration Change In Inventory Chart

NEC Networks & System Integration Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

Get a 7-Day Free Trial

0.27

15.13

6.16

-39.72

23.67

NEC Networks & System Integration 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															4.23	4.81	3.91	0.34	14.95

NEC Networks & System Integration 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 $24 Mil.

NEC Networks & System Integration (OTCPK:NNSCF) Change In Inventory Explanation

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

NEC Networks & System Integration's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	93.2515	/	570.637	*	365 / 4
	=	14.91

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

NEC Networks & System Integration's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	570.637	/	93.2515
	=	6.12

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.

NEC Networks & System Integration's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	93.2515	/	734.662
	=	0.13

NEC Networks & System Integration Change In Inventory Related Terms

Thank you for viewing the detailed overview of NEC Networks & System Integration's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

NEC Networks & System Integration (NEC Networks & System Integration) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NEC Networks & System Integration Corp (OTCPK:NNSCF) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

1973:Japan

Address

2-6-1 Koraku, Bunkyo-ku, Iidabashi First Tower, Tokyo, JPN, 112-8560

Website

http://www.nesic.co.jp

NEC Networks and System Integration Corp provides a variety of information technology, or IT, services. The company also sells IT products, which include servers, video conferencing systems, network systems, security systems, and software. The firm's range of services includes office space design, cloud computing, communication, networks, security, energy conservation, public IT infrastructure, and supporting services. More revenue comes from the sale of network-related products and services than any other IT product or service. The vast majority of revenue comes from Japan.